Home Insurance in Lexington, Texas
The median home value in Lexington is $175,000, 35% lower than the Lee County median.
The typical home in Lexington was built around 1976. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 22% of homes were built before 1960, about 7 points above Lee County's 15%.
The housing stock in Lexington is 54% single-family homes, 1% apartments in buildings with 5+ units and 26% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 48% of owner-occupied homes in Lexington have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Lexington has an owner-occupancy rate of 48% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
Most homes in Lexington - 84% - are primarily heated with electricity.
What's the biggest home insurance risk near Lexington? FEMA's National Risk Index points to hurricane (Relatively Low) in Lee County and Lee County had 33 active NFIP flood policies as of September 2026. See the full Lee 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).
3 licensed insurance agencies serve this area.
Key figures
| Median home value | $175,000 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 48% |
| Share of owner-occupied homes with a mortgage | 48% |
| Top county hazard | Hurricane (Relatively Low) |
| Active NFIP policies in Lee County | 33 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Lexington
- KIM DOWDY, LLC, Lexington (General Lines Agency)
- MELISSA WAGNER LLC, Lexington (General Lines Agency)
- WRIGHT INSURANCE AGENCY, Lexington (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)