Cottonwood Shores, TX Housing Affordability Index
Cottonwood Shores, Texas has an MBR Housing Affordability Index score of 97.3 (Near National Average) as of October 30, 2026, ranking 1046th most affordable of 1,229 scored Texas cities, compared with 99.2 statewide and 97.4 nationally. On a median-priced $264,100 home with 20% down, the Texas average 30-year fixed rate of 7.29% means a monthly principal and interest payment of about $1,448, or 27% of the city’s $63,365 median household income.
The MBR Housing Affordability Index (MBR-HAI) for Cottonwood Shores is updated every night from live Texas mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.
Cottonwood Shores is 1.9 points below the Texas score. Scores as of October 30, 2026. See the Texas index
View Cottonwood Shores Mortgage RatesSee What You Can Afford in Cottonwood Shores, Texas
Use this Cottonwood Shores, Texas home affordability calculator to see how much house you can afford at today’s Texas average 30-year mortgage rate of 7.29%. A household earning the Cottonwood Shores median income of $63,365, with no other debts and $53,000 down, can afford a home of about $222,512, compared with a median home value of $264,100. Buying the median priced home with 20% down takes a household income of about $78,200 once property tax and insurance are counted.
| Loan amount | $169,512 |
| Principal & interest | $1,161/mo |
| Property tax | $224/mo |
| Home insurance | $93/mo |
| PMI | $0/mo |
| Total monthly payment | $1,479/mo |
How much house can you afford in Cottonwood Shores?
Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.
In Cottonwood Shores, property taxes run about 1.21% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $3,425 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.
What It Takes to Buy in Cottonwood Shores
Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Cottonwood Shores, Texas. The rate is the Texas average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.
How Cottonwood Shores Ranks in Texas
Cite the Cottonwood Shores Score
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Scores update each morning, computed from rate data captured the previous night. Score of 100 = national average at a 6.5% reference rate.
