Mortgage Rates in Marfa, Texas — March 2026
Updated March 2026 | Based on Marfa market data and regional lending conditions
Marfa is a smaller Texas community of 26,672 where the housing market reflects local economic conditions. The current 30-year fixed rate here is 6.84% (0.19% above the national average). The median home price of $340,000 translates to roughly $2,284/month with 20% down — requiring an income of about $97,886, which exceeds the local median of $51,000.
Current Mortgage Rates in Marfa, TX
Below are the current average mortgage rates available in the Marfa area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.84% | 6.65% | +0.19% |
| 15-Year Fixed | 6.06% | 5.89% | +0.17% |
| 5/1 ARM | 6.31% | 6.15% | +0.16% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.09% | 6.85% | +0.24% |
Marfa Housing Market Overview
Housing in Marfa sits near the national average at $340,000. With a median household income of $51,000 and a cost of living index of 89.2, some buyers may need to look at lower price points or consider larger down payments.
Monthly Payment Breakdown for Marfa
Based on the median home price of $340,000 with 20% down ($68,000), here is what you can expect to pay monthly in Marfa:
15-Year vs. 30-Year Mortgage in Marfa
Choosing a 15-year mortgage in Marfa at 6.06% instead of a 30-year at 6.84% would save you $226,080 in total interest over the life of the loan. However, your monthly payment would be $2,304 instead of $1,780 — an increase of $524 per month.
Calculate Your Marfa Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Marfa
What are the current mortgage rates in Marfa, TX?
As of March 2026, the average 30-year fixed mortgage rate in Marfa, Texas is 6.84%, while the 15-year fixed rate is 6.06%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.19% above the national average of 6.65%.
How much is a monthly mortgage payment in Marfa?
Based on the median home price of $340,000 with 20% down, the estimated monthly mortgage payment in Marfa is $1,780 for principal and interest. Including property taxes of $504/month, the total monthly housing cost is approximately $2,284.
What income do I need to buy a home in Marfa?
Using the 28% rule, you would need an annual income of approximately $97,886 to afford the median-priced home in Marfa at $340,000. The median household income in Marfa is $51,000. This means most households would need to either earn above the median or consider homes below $340,000.
Is Marfa a good place to buy a home in 2026?
Marfa offers a below-average cost of living with a cost of living index of 89.2 (national average = 100). The property tax rate in Texas is 1.78%, which is above the national average. Marfa has a population of 26,672 and offers a very affordable lifestyle.
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Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Marfa, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.