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Balcones Heights

Learn about the people, housing, costs and businesses in Balcones Heights, Texas

Median Home$199,526
Median Rent$961/month
Population2,783
Leading IndustriesFinance & Insurance · Information & Media · Professional Services10% finance & insurance
Home Value Growth+5.4% over 2 years
Young Adults31% of residentsabove average nationally
Renters82% of occupied units
NotableAmenity Score91/100 · highly walkable area
NotableTransit88/100 · excellent transit access
Balcones Heights
TX

Frequently Asked Questions

What are today's mortgage rates in Balcones Heights?

As of today, the 30-year fixed mortgage rate for Balcones Heights is approximately 7.049% (7.093% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Balcones Heights
What is the median home price in Balcones Heights?

The median home value in Balcones Heights is $200k. The median monthly rent is $961. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Balcones Heights?

Home values in Balcones Heights have increased 5.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Balcones Heights?

Based on a typical all-in ownership cost of $959/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Balcones Heights is $30k/year.

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What industries drive the economy in Balcones Heights?

The largest employment sectors in Balcones Heights are public administration (23%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.