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Narciso Pena

Learn about the people, housing, costs and businesses in Narciso Pena, Texas

Median Home$68,200
Median Rent$797/month
Population36
Leading IndustriesWholesale Trade · Public Administration · Education24% wholesale trade
Home Value Growth+5.1% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners89% of occupied units
NotableAffordable Market$68k median home · lower cost than 99% of the country
Narciso Pena
TX

Frequently Asked Questions

What are today's mortgage rates in Narciso Pena?

As of today, the 30-year fixed mortgage rate for Narciso Pena is approximately 6.946% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Narciso Pena?

The median home value in Narciso Pena is $68k. The median monthly rent is $797. Annual property taxes average $848. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Narciso Pena?

Home values in Narciso Pena have increased 5.1% 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 Narciso Pena?

Based on a typical all-in ownership cost of $376/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $16k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Narciso Pena is $43k/year.

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What industries drive the economy in Narciso Pena?

The largest employment sectors in Narciso Pena are public administration (26%) and wholesale trade (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.