September 2026 HUD file

HUD-insured apartment loans in Texas

1,066 properties with 198,005 units carry FHA-insured mortgages in Texas, with $20.5 billion still owed. The median note rate is 3.55%, and 691 of them are below 4%.

1,066insured loans
3.55%median note rate
$20.5 billionbalance outstanding
5.54%median on loans endorsed in the last 12 months, all states

By program

223(f) purchase or refinance458
221(d)(4) construction or substantial rehab446
223(a)(7) refinance141
HFA risk-sharing9
241(a) supplemental5
Older and other programs7

Lowest rates with 10+ years left

These are the loans a buyer would most want to assume. Open one for the payment math.

Lowest note rates in Texas, at least 10 years to maturity
Property City Units Rate Balance Matures
Beckley Townhomes Dallas 100 1.96% $12.9 million 2055
Canyon Pass Apartments San Antonio 264 2% $31.7 million 2063
Crosswinds Apartment Homes San Antonio 312 2.02% $38.0 million 2064
Enclace at Mira Lagos Grand Prairie 199 2.07% $23.5 million 2055
Artisan on the Bluff San Antonio 250 2.09% $19.5 million 2055
The Arbor at Centerbrook Universal City 80 2.1% $3.4 million 2055
The Mark on Conquest Waxahachie 140 2.12% $18.1 million 2056
Pine Creek Apartments Homes Paris 136 2.12% $10.7 million 2055
Brookside Apartments Killeen 176 2.12% $10.6 million 2060
Las Colinas and Parkridge Place Apartments Lubbock 260 2.12% $8.0 million 2051
Quail Creek Apartments Lubbock 136 2.12% $4.4 million 2051
Turtle Creek Village Phase I Belton 170 2.13% $12.3 million 2055
Arlington Park Villas Dallas 100 2.14% $9.6 million 2056
Terrazzo Apartments Austin 225 2.15% $24.6 million 2055
Harbor Shores Apartments Montgomery 144 2.15% $16.0 million 2056

Filter every state in the assumable-loan finder

Paying off within five years

Most HUD loans amortize to zero, so these balances are usually small. The owners are deciding what to do with a nearly paid-off property.

Texas HUD loans maturing by 2031
Property City Units Rate Balance Matures
Reese Court Villas Dallas 80 7.19% $1.8 million 2027
Sphinx at Luxar Villas Dallas 80 7.19% $2.2 million 2027
Renaissance Plaza Texarkana 120 7.08% $1.9 million 2028

By city

Everywhere else in Texas

Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Apartment loans only; nursing homes, assisted living and hospitals in the same file are not counted.

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