In Watauga, a typical home is worth $250,500 and typical rent is $1,982 a month. Compared with all of Tarrant County, typical rent is 28% higher, the typical home value is 23% lower, and the share of households that own their home is 19 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $239,221 to $271,592.
Typical rent
$2,033a month
▲ 2.4% more than 12 months ago
Typical rent from Zillow, March 2022 to September 2026: from $1,750 to $2,033.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Watauga is in Tarrant 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 Tarrant County. See the county
What this place has that others do not, from public data, most unusual first.
1
78% of households in Watauga own their home, against 59% in Tarrant County.
2
Nearby, in Hurst, the typical rent is $1,358: 31% less than in Watauga ($1,982).
3
The typical rent in Watauga is $1,982 a month, 28% more than in Tarrant County as a whole ($1,547).
4
The typical home in Watauga is worth $250,500,23% less than in Tarrant County as a whole ($323,900).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Watauga
What homes there are in Watauga, 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
Watauga
Tarrant County
Texas
United States
Kind of home: Watauga and its comparisons
Measure
Watauga
Tarrant County
Texas
United States
Detached house
95%
65%
64%
61%
Attached house
Unreliable estimate
4%
3%
6%
Building of 2 to 4
Unreliable estimate
5%
5%
8%
Apartments (5 or more)
Unreliable estimate
24%
21%
19%
Mobile home
Unreliable estimate
2%
6%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
In Watauga, 10 in 10 homes are single-family detached houses; in Tarrant County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Watauga
Tarrant County
Texas
United States
Year built: Watauga and its comparisons
Measure
Watauga
Tarrant County
Texas
United States
Before 1960
Unreliable estimate
13%
12%
26%
1960–1979
35%
20%
21%
24%
1980–1999
50%
31%
28%
25%
2000–2009
12%
19%
18%
14%
2010 or later
Unreliable estimate
17%
21%
11%
The typical home in Watauga was built in 1984, 6 years before the typical one in Tarrant County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K4%
$100K–$200K20%
$200K–$300K53%
$300K–$500K20%
$500K–$750KUnreliable
FHA limit: $563,500
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Watauga and its comparisons
Measure
Watauga
Under $100K
4%
$100K–$200K
20%
$200K–$300K
53%
$300K–$500K
20%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
With an FHA limit of $563,500, at least 98% of owner-occupied homes in Watauga sit below it: they are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49917%
$1,500–$1,99931%
$2,000–$2,49942%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Watauga and its comparisons
Measure
Watauga
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
17%
$1,500–$1,999
31%
$2,000–$2,499
42%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,830 a month
Tarrant County: $2,233 a month
Without a mortgage
$765 a month
Tarrant County: $834 a month
Owners with a mortgage
68%
Tarrant County: 62%
The typical cost for an owner with a mortgage in Watauga is $1,830 a month, less than in Tarrant County ($2,233); without one, $765.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Watauga+84%
Tarrant County+72%
Texas+65%
United States+53%
Typical rent
Watauga+41%
Tarrant County+41%
Texas+34%
United States+33%
Typical household income
Watauga+27%
Tarrant County+24%
Texas+27%
United States+29%
Change since 2015–2019: Watauga and its comparisons
Measure
Watauga
Tarrant County
Texas
United States
Typical home value
+84%
+72%
+65%
+53%
Typical rent
+41%
+41%
+34%
+33%
Typical household income
+27%
+24%
+27%
+29%
Since 2015–2019, homes in Watauga gained value faster than in Tarrant County: 84% against 72%.
The typical rent in Watauga rose 41% since 2015–2019, about the same as in Tarrant County (41%).
Here income did not keep up with housing: it rose 27%, while home values changed +84% and rent +41%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Watauga and its comparisons
Measure
Watauga
Tarrant County
Texas
United States
Rental vacancy
Unreliable estimate
7.7%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
1.1%
0.9%
More than one person per room
4.5%
4.2%
4.8%
3.4%
People per household
2.91
2.73
2.69
2.53
Drive alone
71%
72%
71%
69%
Carpool
11%
10%
10%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
16%
15%
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
More than one person per room: that is how 4.5% of households in Watauga live, near the figure in Tarrant County (4.2%).
More people live in each home here: 2.91 on average, against 2.73 in Tarrant County.
In Watauga, 71% of workers drive alone to work; in Tarrant County, 72%.
Do the math
What would you pay each month for a home in Watauga?
A typical home is tight for the typical income
We start with a typical home in Watauga, worth $250,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Watauga, which is $91,171 a year. For that payment to be 28% of income, a household would need to earn about $95,930 a year.
The calculator's FHA and conventional loan limits are those of all of Tarrant 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 Watauga. 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 $8,768 (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
$2,238
at 7.18% · 30 years
Loan amount
$245,962
Total interest
$353,882
Paid off in
November 2056
Includes $4,230 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,127 a month
Tight
$2,127 to $2,735 a month
Your payment · 29%
Hard
more than $2,735 a month
Compared with the typical household income in Watauga ($91,171 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,666
Property tax
$357
Home insurance
$104
FHA mortgage insurance (MIP)
$111
You need at least $8,768 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 $2,238; principal and interest $1,666.
The city and its county
Watauga and Tarrant County
Watauga is in Tarrant 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).
Watauga
Map of Tarrant County, Texas, with Watauga marked. Around it, the neighboring counties.
Watauga
Tarrant County
Other cities with a page
Watauga's own numbers
Typical home value
$250,500
Typical monthly rent
$1,982
Typical yearly household income
$91,171
Households that own their home
78%
Effective property tax rate
1.71%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Tarrant County
FHA limit, one-unit home
$563,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,745
Price change over 5 years (FHFA)
+46%
Homes in a high flood-risk zone
0.2%
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 Tarrant County.
A typical home in Watauga is worth $250,500: 23% below the county and 12% below Texas. With the typical household income in Watauga ($91,171 a year), a typical home costs 2.7 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.
Watauga2.7 years
Tarrant3.8 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Tarrant County
According to FHFA’s house price index, home prices in Tarrant County rose 106% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Tarrant County.
Yearly change in FHFA’s price index in Tarrant County, 2016 to 2025
2016: +9.5% +9.5% 2016
2017: +10.6% +10.6% 2017
2018: +7.9% +7.9% 2018
2019: +4.9% +4.9% 2019
2020: +3.1% +3.1% 2020
2021: +14.0% +14.0% 2021
2022: +21.1% +21.1% 2022
2023: +3.2% +3.2% 2023
2024: +1.8% +1.8% 2024
2025: +0.5% +0.5% 2025
Change in FHFA’s price index in Tarrant County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+0.5%
+0.8%
+2.9%
5 years (2020–2025)
+46%
+44%
+47%
10 years (2015–2025)
+106%
+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
Watauga next to Tarrant 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
Watauga$250,500
Tarrant$323,900
Texas$283,800
United States$332,700
Typical monthly rent
Watauga$1,982
Tarrant$1,547
Texas$1,403
United States$1,413
Typical yearly household income
Watauga$91,171
Tarrant$84,207
Texas$78,476
United States$80,734
See the full table
Watauga next to Tarrant County and Texas
Measure
Watauga
Tarrant County
Texas
U.S.
Typical home value
$250,500 ▼23% below the county
$323,900
$283,800
$332,700
Typical monthly rent
$1,982 ▲28% above the county
$1,547
$1,403
$1,413
Typical yearly household income
$91,171 ▲8% above the county
$84,207
$78,476
$80,734
Households that own their home
78% ▲19 points above the county
59%
63%
65%
Typical yearly property tax
$4,274 ▼20% below the county
$5,334
$4,232
$3,119
Effective property tax rate
1.71% ▲0.06 points above the county
1.65%
1.49%
0.94%
Renters with high rent for their income
54% ▼1 points below the county
55%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Tarrant 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 Watauga
For a typical $250,500 home in Watauga, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Watauga's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,238a month
Least cash to close
Down payment
$8,768
Cash to close
$16,283
Rate
7.18%
Mortgage insurance
FHA MIP · $111
Conventional, 5% down$2,192a month
Down payment
$12,525
Cash to close
$20,040
Rate
7.18%
Mortgage insurance
PMI · $119
Conventional, 20% down, no PMI$1,819a month
Down payment
$50,100
Cash to close
$57,615
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,051a month
Down payment
$37,575
Cash to close
$45,090
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Watauga
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,238
$8,768
$245,963
7.18%
FHA MIP · $111
$16,283
580
Conventional, 5% down
$2,192
$12,525
$237,975
7.18%
PMI · $119
$20,040
620*
Conventional, 20% down, no PMI
$1,819
$50,100
$200,400
7.18%
None
$57,615
620*
ITIN, 15% down (example)
$2,051
$37,575
$212,925
8.18%
None
$45,090
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 Watauga is $1,982 a month: 28% above the county. In Watauga, 54% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Tarrant County, by unit size. To pay the 2-bedroom one ($1,745 a month) without spending more than 30% of your income, you would need to earn $33.56 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 Tarrant County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,461
$28.10
$58,440
1 bedroom
$1,481
$28.48
$59,240
2 bedrooms
$1,745
$33.56
$69,800
3 bedrooms
$2,284
$43.92
$91,360
4 bedrooms
$2,866
$55.12
$114,640
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 Watauga
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Watauga is in ZIP code 76148.
For 2 bedrooms it is $2,250: $505 more than the fair market rent for Tarrant County ($1,745).
Fair market rent by ZIP code and size in Watauga, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
76148
$1,880
$1,910
$2,250
$2,950
$3,700
ZIP code2 bd3 bd
76148 $2,250$2,950
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Watauga 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.
There are 5 HUD-approved agencies with an office in Tarrant County; 4 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Watauga or Tarrant County. The ones below are statewide in Texas: they work in Watauga 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 Watauga or Tarrant 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 Watauga and all of Tarrant 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 Watauga?
The typical home value in Watauga is $250,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Tarrant County it is $323,900.
How much does it cost to rent in Watauga?
Typical rent in Watauga is $1,982 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Tarrant County is $1,745.
What is the FHA loan limit in Watauga?
Watauga uses the FHA limit for all of Tarrant 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 Watauga?
The typical homeowner in Watauga pays $4,274 a year, according to the U.S. Census Bureau. That is 1.71% of the home’s value; in Tarrant County, the rate is 1.65%.
Where can I find free help to buy or rent in Watauga?
There are 5 HUD-approved counseling agencies with an office in Tarrant County. 4 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
