Home Insurance in Melvin, Texas
The median home value in Melvin is $43,300, 71% lower than the McCulloch County median.
The typical home in Melvin was built around 1944. About 77% of homes were built before 1960, about 40 points above McCulloch County's 37%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Melvin is 97% single-family homes and 3% mobile or manufactured homes.
25% of owner-occupied homes in Melvin carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Melvin has an owner-occupancy rate of 92% and a vacancy rate of 31%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Melvin, 65% of homes are primarily heated with propane.
McCulloch County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. McCulloch County had 14 active NFIP flood policies as of September 2026. See the full McCulloch 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 | $43,300 |
|---|---|
| Median year built | 1944 |
| Owner-occupied share | 92% |
| Share of owner-occupied homes with a mortgage | 25% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in McCulloch County | 14 |
| 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)