Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Louisiana and Texas. Updated for 2026.
Metric
Louisiana
Texas
Median Home Price
$195K
$310K
Property Tax Rate
0.55%
1.8%
Avg Closing Costs
$3K
$5K
Closing Cost %
1.6%
1.7%
Transfer Tax
None
None
Homeowners Insurance
$3,500/yr
$3,800/yr
First-Time Buyer Program
LHC Resilience Soft Second
Up to $55,000 forgivable
TDHCA My First Texas Home
Up to 5% DPA grant
Verdict
Louisiana wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $195K and lower overall costs, Louisiana offers meaningful savings compared to Texas. Both states offer first-time buyer programs — explore the state pages for full details.