Texas offers various first-time homebuyer programs with benefits like down payment assistance, low-interest mortgages, and tax credits. Eligibility generally requires a 620+ credit score and income limits. Programs include Home Sweet Texas Home, My Choice Texas Home, Homes for Texas Heroes, and My First Texas Home, each with specific criteria and benefits. Assistance may come as grants, forgivable or deferred second mortgages, or mortgage credit certificates. Median home price is about $330,000, with typical down payments around 5%. Mortgage rates average about 6.26% for 30-year loans.