Home Insurance in Malakoff, Texas
The median home value in Malakoff is $83,800, 60% lower than the Henderson County median.
The typical home in Malakoff was built around 1977. About 14% of homes were built before 1960, about 5 points above Henderson County's 9%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Malakoff is 60% single-family homes, 22% apartments in buildings with 5+ units and 11% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 34% of owner-occupied homes in Malakoff have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Malakoff has an owner-occupancy rate of 62% and a vacancy rate of 19%; unoccupied homes typically need a different coverage form.
77% of homes in Malakoff are primarily heated with electricity.
Henderson County had 239 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Relatively High). See the full Henderson County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Texas is $2,864 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $83,800 |
|---|---|
| Median year built | 1977 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 34% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Henderson County | 239 |
| 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)