Home Insurance in Millsap, Texas
The median home value in Millsap is $210,200, 44% lower than the Parker County median.
The typical home in Millsap was built around 1970. About 32% of homes were built before 1960, about 25 points above Parker County's 6%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Millsap is 75% single-family homes and 19% mobile or manufactured homes.
In Millsap, about 29% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Millsap has an owner-occupancy rate of 95% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
In Millsap, 52% of homes are primarily heated with natural gas.
Parker County had 450 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is wildfire (Relatively Moderate). See the full Parker 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 | $210,200 |
|---|---|
| Median year built | 1970 |
| Owner-occupied share | 95% |
| Share of owner-occupied homes with a mortgage | 29% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Parker County | 450 |
| 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)