Similar to its nearby areas, it's a lot less expensive compared to the US as a whole. Compared to the city of Clovis however, it is a little less expensive.
Home prices
The median home cost in Texico is $87,200. Compared to other places in this area this is roughly $1,440 (1%) lower.Compared to the United States as a whole it is approximately $130,300 (59%) lower, and it is roughly $38,400 (30%) lower compared to the city of Clovis.
Rents
The median rent in Texico is $798 a month. This is roughly $89 (12%) higher compared to its surrounding areas.It is about $264 (24%) lower in comparison to the United States as a whole, and is approximately $24 (2%) lower in comparison to the city of Clovis.
Nearby places
Farwell
Farwell is Texico's neighbor to the southeast. Real estate prices there are a little more expensive. The median home in Farwell is valued at $103,600, which comes out to $16,400 (15%) higher than Texico. Rent there is somewhat less expensive. The median monthly rent in Farwell is $678, which works out to $120 (17%) lower than Texico.
Bovina
Bovina is approximately 12 miles northeast of Texico. Housing prices there are a bit less expensive. The median home in Bovina is valued at $77,900, which works out to $9,300 (11%) lower than Texico. Its rents are a little less expensive. The median rent in Bovina is $666 per month, which comes out to $132 (19%) lower than Texico.
Muleshoe
Muleshoe is about 20 miles southeast of Texico. Housing prices there are somewhat less expensive. The cost of the median home in Muleshoe is $67,000, which is $20,200 (30%) lower than Texico. Rent there is a little less expensive. In Muleshoe the median monthly rent is $691, which is $107 (15%) lower than Texico.
Portales
Portales is approximately 21 miles southwest from Texico. The real estate prices there are a bit more expensive. Portales's median home value is $116,200, which works out to $29,000 (24%) higher than Texico. Rents there are fairly similar. The median rent in Portales is $776 a month, which works out to $22 (2%) lower than Texico.
Friona
Friona is about 24 miles northeast from Texico. The real estate prices there are a bit less expensive. Friona's median home cost is $78,500, which works out to $8,700 (11%) lower than Texico. Rent there is a little less expensive. Friona's median monthly rent is $733, which is $65 (8%) lower than Texico.
