Home Insurance in Nazareth, Texas
The median home value in Nazareth is $245,500, 158% higher than the Castro County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Nazareth was built around 1995. About 20% of homes were built before 1960, about 18 points below Castro County's 38%.
The housing stock in Nazareth is 79% single-family homes, 4% apartments in buildings with 5+ units and 17% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
61% of owner-occupied homes in Nazareth carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Nazareth has an owner-occupancy rate of 100% and a vacancy rate of 21%; unoccupied homes typically need a different coverage form.
82% of homes in Nazareth are primarily heated with natural gas.
FEMA rates Castro County's overall risk as Very Low, led by hail (Relatively High). Castro County had 13 active NFIP flood policies as of September 2026. See the full Castro 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.
Key figures
| Median home value | $245,500 |
|---|---|
| Median year built | 1995 |
| Owner-occupied share | 100% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Castro County | 13 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
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)