In Oak Point, a typical home is worth $395,900 and typical rent is $2,227 a month. Compared with all of Denton County, typical rent is 29% higher, typical household income is 13% higher, and the share of households that own their home is 24 points higher.
Oak Point is in Denton County. The FHA loan limit ($563,500 for a one-unit home), the fair market rents and the help on this page are those of all of Denton County. See the county
What this place has that others do not, from public data, most unusual first.
1
89% of households in Oak Point own their home, against 65% in Denton County.
2
Nearby, in Lake Dallas, the typical home value is $269,000: 32% less than in Oak Point ($395,900).
3
Nearby, in Lake Dallas, the typical rent is $1,519: 32% less than in Oak Point ($2,227).
4
The typical rent in Oak Point is $2,227 a month, 29% more than in Denton County as a whole ($1,728).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Oak Point
What homes there are in Oak Point, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Oak Point
Denton County
Texas
United States
Kind of home: Oak Point and its comparisons
Measure
Oak Point
Denton County
Texas
United States
Detached house
98%
69%
64%
61%
Attached house
Unreliable estimate
3%
3%
6%
Building of 2 to 4
Unreliable estimate
4%
5%
8%
Apartments (5 or more)
Unreliable estimate
22%
21%
19%
Mobile home
Unreliable estimate
2%
6%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
The detached house rules in Oak Point: 98% of homes, more than in Denton County (69%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Oak Point
Denton County
Texas
United States
Year built: Oak Point and its comparisons
Measure
Oak Point
Denton County
Texas
United States
Before 1960
Unreliable estimate
3%
12%
26%
1960–1979
Unreliable estimate
10%
21%
24%
1980–1999
18%
31%
28%
25%
2000–2009
36%
25%
18%
14%
2010 or later
43%
33%
21%
11%
The typical home in Oak Point was built in 2008, 5 years after the typical one in Denton County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K45%
$500K–$750K27%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Oak Point and its comparisons
Measure
Oak Point
Under $100K
Unreliable estimate
$100K–$200K
Unreliable
$200K–$300K
Unreliable estimate
$300K–$500K
45%
$500K–$750K
27%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Oak Point and its comparisons
Measure
Oak Point
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$2,604 a month
Denton County: $2,676 a month
Without a mortgage
$1,104 a month
Denton County: $1,045 a month
Owners with a mortgage
76%
Denton County: 71%
In Oak Point, 76% of owners have a mortgage; their typical cost is $2,604 a month, about the same as in Denton County.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Oak Point+44%
Denton County+57%
Texas+65%
United States+53%
Typical rent
Oak Point+26%
Denton County+42%
Texas+34%
United States+33%
Typical household income
Oak PointNo clear change
Denton County+28%
Texas+27%
United States+29%
Change since 2015–2019: Oak Point and its comparisons
Measure
Oak Point
Denton County
Texas
United States
Typical home value
+44%
+57%
+65%
+53%
Typical rent
+26%
+42%
+34%
+33%
Typical household income
No clear change
+28%
+27%
+29%
Homes in Oak Point gained value more slowly than in Denton County: 44% since 2015–2019, against 57%.
Since 2015–2019, the typical rent in Oak Point rose 26%, less than in Denton County (42%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Oak Point and its comparisons
Measure
Oak Point
Denton County
Texas
United States
Rental vacancy
Unreliable estimate
4.8%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.7%
1.1%
0.9%
More than one person per room
Unreliable estimate
2.9%
4.8%
3.4%
People per household
2.74
2.68
2.69
2.53
Drive alone
54%
66%
71%
69%
Carpool
Unreliable estimate
8%
10%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
41%
24%
14%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
A household in Oak Point has 2.74 people on average, about the same as in Denton County (2.68).
Working from home is more common in Oak Point: 41%, against 24% in Denton County.
Do the math
What would you pay each month for a home in Oak Point?
A typical home is tight for the typical income
We start with a typical home in Oak Point, worth $395,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in Oak Point, which is $126,290 a year. For that payment to be 28% of income, a household would need to earn about $151,753 a year.
The calculator's FHA and conventional loan limits are those of all of Denton County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Oak Point. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $13,857 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,541
at 7.18% · 30 years
Loan amount
$388,729
Total interest
$559,289
Paid off in
November 2056
Includes $6,686 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,947 a month
Tight
$2,947 to $3,789 a month
Your payment · 34%
Hard
more than $3,789 a month
Compared with the typical household income in Oak Point ($126,290 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,633
Property tax
$567
Home insurance
$165
FHA mortgage insurance (MIP)
$175
You need at least $13,857 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,541; principal and interest $2,633.
The city and its county
Oak Point and Denton County
Oak Point is in Denton County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Oak Point
Map of Denton County, Texas, with Oak Point marked. Around it, the neighboring counties.
Oak Point
Denton County
Other cities with a page
Oak Point's own numbers
Typical home value
$395,900
Typical monthly rent
$2,227
Typical yearly household income
$126,290
Households that own their home
89%
Effective property tax rate
1.72%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Denton County
FHA limit, one-unit home
$563,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,807
Price change over 5 years (FHFA)
+46%
Homes in a high flood-risk zone
0.8%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Denton County.
A typical home in Oak Point is worth $395,900: 9% below the county and 39% above Texas. With the typical household income in Oak Point ($126,290 a year), a typical home costs 3.1 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Oak Point3.1 years
Denton3.9 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Denton County
According to FHFA’s house price index, home prices in Denton County rose 101% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Denton County.
Yearly change in FHFA’s price index in Denton County, 2016 to 2025
2016: +9.9% +9.9% 2016
2017: +10.2% +10.2% 2017
2018: +7.0% +7.0% 2018
2019: +3.8% +3.8% 2019
2020: +2.6% +2.6% 2020
2021: +14.0% +14.0% 2021
2022: +21.4% +21.4% 2022
2023: +4.1% +4.1% 2023
2024: +2.0% +2.0% 2024
2025: −0.9% −0.9% 2025
Change in FHFA’s price index in Denton County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
−0.9%
+0.8%
+2.9%
5 years (2020–2025)
+46%
+44%
+47%
10 years (2015–2025)
+101%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Oak Point next to Denton County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Oak Point$395,900
Denton$437,200
Texas$283,800
United States$332,700
Typical monthly rent
Oak Point$2,227
Denton$1,728
Texas$1,403
United States$1,413
Typical yearly household income
Oak Point$126,290
Denton$111,498
Texas$78,476
United States$80,734
See the full table
Oak Point next to Denton County and Texas
Measure
Oak Point
Denton County
Texas
U.S.
Typical home value
$395,900 ▼9% below the county
$437,200
$283,800
$332,700
Typical monthly rent
$2,227 ▲29% above the county
$1,728
$1,403
$1,413
Typical yearly household income
$126,290 ▲13% above the county
$111,498
$78,476
$80,734
Households that own their home
89% ▲24 points above the county
65%
63%
65%
Typical yearly property tax
$6,815 ▼3% below the county
$7,055
$4,232
$3,119
Effective property tax rate
1.72% ▲0.11 points above the county
1.61%
1.49%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Denton County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Oak Point
For a typical $395,900 home in Oak Point, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Oak Point's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,541a month
Least cash to close
Down payment
$13,857
Cash to close
$25,734
Rate
7.18%
Mortgage insurance
FHA MIP · $175
Conventional, 5% down$3,468a month
Down payment
$19,795
Cash to close
$31,672
Rate
7.18%
Mortgage insurance
PMI · $188
Conventional, 20% down, no PMI$2,878a month
Down payment
$79,180
Cash to close
$91,057
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,244a month
Down payment
$59,385
Cash to close
$71,262
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Oak Point
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,541
$13,857
$388,729
7.18%
FHA MIP · $175
$25,734
580
Conventional, 5% down
$3,468
$19,795
$376,105
7.18%
PMI · $188
$31,672
620*
Conventional, 20% down, no PMI
$2,878
$79,180
$316,720
7.18%
None
$91,057
620*
ITIN, 15% down (example)
$3,244
$59,385
$336,515
8.18%
None
$71,262
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Oak Point is $2,227 a month: 29% above the county.
HUD publishes a fair market rent for all of Denton County, by unit size. To pay the 2-bedroom one ($1,807 a month) without spending more than 30% of your income, you would need to earn $34.75 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Denton County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,491
$28.67
$59,640
1 bedroom
$1,536
$29.54
$61,440
2 bedrooms
$1,807
$34.75
$72,280
3 bedrooms
$2,275
$43.75
$91,000
4 bedrooms
$2,892
$55.62
$115,680
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Oak Point
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Oak Point is in ZIP code 75068.
For 2 bedrooms it is $2,530: $723 more than the fair market rent for Denton County ($1,807).
Fair market rent by ZIP code and size in Oak Point, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
75068
$2,090
$2,150
$2,530
$3,190
$4,050
ZIP code2 bd3 bd
75068 $2,530$3,190
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Oak Point when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Denton County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Oak Point or Denton County. The ones below are statewide in Texas: they work in Oak Point the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
No legal help resource on our list is for Oak Point or Denton County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Oak Point and all of Denton County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Oak Point?
The typical home value in Oak Point is $395,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Denton County it is $437,200.
How much does it cost to rent in Oak Point?
Typical rent in Oak Point is $2,227 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Denton County is $1,807.
What is the FHA loan limit in Oak Point?
Oak Point uses the FHA limit for all of Denton County (2026): $563,500 for a one-unit home and $1,083,650 for a four-unit home.
How much property tax do owners pay in Oak Point?
The typical homeowner in Oak Point pays $6,815 a year, according to the U.S. Census Bureau. That is 1.72% of the home’s value; in Denton County, the rate is 1.61%.
Where can I find free help to buy or rent in Oak Point?
We found no HUD-approved counseling agencies with an office in Denton County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
