Metro area · Texas

Austin-Round Rock-San Marcos, TX metro: mortgages and home buyers

2025 home-purchase and refinance statistics for the 5-county Austin-Round Rock-San Marcos, TX area (OMB code 12420), from official HMDA records.

In 2025, lenders reported 27,941 home-purchase mortgages for owner-occupied, single-family homes in the Austin-Round Rock-San Marcos, TX metro area. The median buyer borrowed $375,000 on a home valued at $435,000 and reported a household income of $143,000.

Buyers financed a median 90% of the home's value (roughly 10% down), paid a median 6.49% on 30-year fixed conventional loans and faced median conventional loan costs of $7,110.

Lenders denied 8.4% of completed home-purchase applications.

Purchase loans

27,941

5 counties

Buyer income

$143,000

U.S. $116,000

Loan amount

$375,000

U.S. $335,000

Down payment

10%

U.S. 10%

30-yr fixed rate

6.49%

U.S. 6.625%

Denial rate

8.4%

Purchase · U.S. 8.5%

Key facts

Home buyers' median income ($143,000) is 23% higher than the U.S. median ($116,000).
The median 30-year fixed conventional rate here was 13 basis points below the U.S. median (6.625%).
Median conventional loan costs ($7,110) were 28% higher than the U.S. median ($5,570).
The most common age bracket among borrowers was 25–34 (35.1% of purchase loans).
50.7% of purchase mortgages had a single borrower with no co-applicant.
The most-cited reason for denial was debt-to-income ratio (48.3% of denials with a stated reason).

Counties in the metro area

County	Purchase loans	Median loan	Buyer income	30-yr rate	Loan costs	Conforming limit	FHA limit
Travis County, TX	11,441	$415,000	$166,000	6.500%	$7,540	$832,750	$571,550
Williamson County, TX	10,279	$375,000	$140,000	6.375%	$6,760	$832,750	$571,550
Hays County, TX	4,599	$325,000	$122,000	6.375%	$6,820	$832,750	$571,550
Bastrop County, TX	1,165	$325,000	$113,000	6.490%	$7,160	$832,750	$571,550
Caldwell County, TX	457	$285,000	$95,000	6.125%	$5,880	$832,750	$571,550

Who bought homes in Austin

Home-purchase mortgages for owner-occupied, single-family (1–4 unit) site-built homes, first liens, originated in 2025.

Purchase loans

27,941

of 31,442 applications

Buyer income

$143,000

Middle half $99,000–$216,000

Home value

$435,000

Middle half $335,000–$635,000

Loan amount

$375,000

Middle half $295,000–$515,000

Down payment

10%

42.0% put 20%+ down

Single borrower

50.7%

No co-applicant

Values are medians; "middle half" is the 25th to 75th percentile.

Loan type

Conventional 66.0% 18,443

FHA 22.6% 6,307

VA 10.3% 2,864

USDA 1.2% 327

What the homes were for

Primary residence 95.1% 28,926

Second home 1.3% 391

Investment property 3.7% 1,115

All first-lien, closed-end purchase mortgages, including second homes and investors.

Borrower age

Under 25 4.3%

25–34 35.1%

35–44 30.7%

45–54 15.2%

55–64 8.6%

65–74 4.4%

75 and over 1.6%

Debt-to-income ratio

Under 20% 3.8%

20–29% 14.3%

30–35% 15.6%

36–42% 24.7%

43–49% 29.2%

50–60% 11.4%

Over 60% 0.9%

Monthly debts (including the new payment) as a share of income, as used in underwriting.

What borrowing cost in Austin

Medians for 2025 home-purchase loans. Total loan costs are section D of the Loan Estimate/Closing Disclosure (lender and third-party loan charges, excluding taxes, prepaids and escrow). FHA and VA costs include the upfront mortgage insurance premium or VA funding fee, so compare like with like.

Measure	Austin	U.S.
30-year fixed rate · conventional	6.490%	6.625%
30-year fixed rate · FHA	5.375%	6.250%
30-year fixed rate · VA	5.750%	6.125%
15-year fixed rate · conventional	5.750%	5.875%
Rate spread vs. APOR · conventional	−0.04 pts	+0.13 pts
Total loan costs · conventional	$7,110	$5,570
Total loan costs · FHA	$12,140	$11,310
Total loan costs · VA	$6,870	$6,490
Origination charges (all loan types)	$1,790	$1,860
Borrowers paying discount points	57.9%	51.3%
Points paid, when paid (% of loan)	1.11%	0.87%
Borrowers receiving lender credits	32.5%	33.1%
Adjustable-rate mortgages	7.4%	7.4%
Jumbo loans (above conforming limit)	6.0%	3.8%

Medians are shown only when at least 30 loans report the field. Rates are those reported at closing; market rates changed during 2025, which the rate spread (APR minus the average prime offer rate on the lock date) adjusts for.

Approvals and denials

Austin: 2,637 of 31,442 completed home-purchase applications were denied (8.4%).

Denial rate

Application	Austin	U.S.
Home purchase	8.4%	8.5%
Conventional	6.7%	7.1%
FHA	13.0%	12.5%
VA	8.3%	8.0%
USDA	12.5%	12.5%
Refinance	21.5%	17.9%
Cash-out refinance	29.0%	33.6%

Main reason for purchase denials

Debt-to-income ratio 48.3%

Credit history 13.3%

Collateral (appraisal/property) 8.4%

Unverifiable information 7.6%

Credit application incomplete 7.3%

Other 6.6%

Insufficient cash (down payment/closing costs) 5.7%

Employment history 2.7%

Mortgage insurance denied 0.1%

First reason the lender reported.

Denial rate = denied ÷ (originated + approved but not accepted + denied). Withdrawn and incomplete applications are excluded. Differences between places reflect who applies, not only lender behavior.

Refinancing in Austin

Refinances

4,701

Median loan $455,000

Refi rate

6.375%

30-yr fixed, conv.

Refi loan costs

$6,220

Conventional

Cash-out refis

2,487

Median loan $265,000

Cash-out rate

6.99%

30-yr fixed, conv.

Cash-out income

$119,000

Median borrower

Source: FFIEC/CFPB HMDA 2025 public LAR (derived MSA/MD); OMB July 2023 delineations via the U.S. Census Bureau. Methodology