Home Insurance in Muleshoe, Texas
With a median home value of $98,600, Muleshoe is 6% lower than the Bailey County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Muleshoe was built around 1968. About 29% of homes were built before 1960, in line with Bailey County (29%).
In Muleshoe, the housing stock is 89% single-family homes and 1% mobile or manufactured homes.
About 23% of owner-occupied homes in Muleshoe have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 80% of occupied homes in Muleshoe are owner-occupied. The vacancy rate is 17%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Muleshoe, 67% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Muleshoe? FEMA's National Risk Index points to hail (Relatively High) in Bailey County and Bailey County had 13 active NFIP flood policies as of September 2026. See the full Bailey County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Texas carries a statewide average premium of $2,864 per year.
5 licensed insurance agencies serve this area.
Key figures
| Median home value | $98,600 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 80% |
| Share of owner-occupied homes with a mortgage | 23% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Bailey County | 13 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Muleshoe
- ALLEN MOUNT INSURANCE AGENCY INC, Muleshoe (General Lines Agency)
- FULL CIRCLE INSURANCE AGENCY, L.L.C., Muleshoe (General Lines Agency)
- HIGH GROUND AG SERVICES, LLC, Muleshoe (General Lines Agency)
- HIGH GROUND INSURANCE GROUP, LLC, Muleshoe (General Lines Agency)
- ZEB HOLT INSURANCE INC, Muleshoe (General Lines Agency)
Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)
- Texas Department of Insurance - licensed agencies (2026)