Home Insurance in Springlake, Texas
The median home value in Springlake is $23,200, 72% lower than the Lamb County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Springlake was built around 1962. About 41% of homes were built before 1960, about 7 points above Lamb County's 34%.
The housing stock in Springlake is 92% single-family homes and 8% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
12% of owner-occupied homes in Springlake carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 53%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 67% of occupied homes in Springlake are owner-occupied.
58% of homes in Springlake are primarily heated with natural gas.
FEMA rates Lamb County's overall risk as Relatively Low, led by hail (Relatively High). Lamb County had 8 active NFIP flood policies as of September 2026. See the full Lamb County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Texas, the statewide average premium for a standard HO-3 homeowners policy is $2,864 per year (NAIC, 2023 data).
Key figures
| Median home value | $23,200 |
|---|---|
| Median year built | 1962 |
| Owner-occupied share | 67% |
| Share of owner-occupied homes with a mortgage | 12% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Lamb County | 8 |
| 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)