Baird, Texas Mortgage & Refinance Loans

Baird is a city in Callahan County, part of the Abilene metro area. It's a small city of about 1,545 residents. Its population has grown 4.7% since 2020.

HomyLoan, LLC (Company NMLS 2783307) helps buyers and homeowners in Baird with purchase loans, refinancing and Texas cash-out loans through a network of wholesale lenders.

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Baird at a glance

County
Callahan County
Metro area
Abilene, TX
Population (2024)
1,545 (+4.7% since 2020)
Median home value
$74,600 (Texas: $260,400)
Land area
2.66 sq mi
Nearest major city
Abilene, about 20 miles
Nearest military installation
Dyess Air Force Base, about 27 miles
Abilene (pop. 130,501)Breckenridge (pop. 5,190)Clyde (pop. 4,051)Cisco (pop. 4,029)Eastland (pop. 3,772)Merkel (pop. 2,494)Albany (pop. 1,893)Baird (pop. 1,545)Tye (pop. 1,241)HoustonSan AntonioDallasEl PasoLubbockBaird

Home prices in Baird

The median value of owner-occupied homes in Baird is about $74,600, below the Texas median of $260,400 and compared with $144,800 across Callahan County. Lower home prices here can make it easier to qualify and to save for a down payment.

Home loan options in Baird

VA loans

Baird is about 27 miles from Dyess Air Force Base, so many buyers here are active-duty service members and veterans. VA loans usually need no down payment and no monthly mortgage insurance for eligible borrowers.

USDA loans

With about 1,545 residents, Baird may include addresses that qualify for USDA Rural Development loans, which require no down payment for eligible buyers within income limits. Eligibility is set address by address on USDA's map.

FHA and conventional loans

FHA loans offer flexible credit guidelines and a low down payment, while conventional loans can work well for buyers with stronger credit. Both are available throughout Callahan County.

Refinancing a home in Baird

A rate-and-term refinance can lower your rate or change your loan term without taking cash out. If you want to tap your equity, Texas treats any cash-out refinance of your homestead as a home equity loan under Section 50(a)(6) of the Texas Constitution: the new loan plus other debt on the home generally can't exceed 80% of its value, and closing waits at least 12 days after you apply and receive the required notice. Veterans may also use a VA streamline (IRRRL) refinance, and FHA borrowers an FHA streamline refinance.

Read the full Texas refinance and home equity rules

Down payment help for Baird homebuyers

Buyers in Baird can apply for Texas state programs, including My First Texas Home, My Choice Texas Home, Texas Mortgage Credit Certificate, Homes for Texas Heroes, as well as programs run by Callahan County or local housing agencies where available. Income, purchase price and eligibility rules apply.

Compare Texas down payment assistance programs

Texas rules that apply in Baird

Texas cash-out refinance and home equity loans (Section 50(a)(6))

Texas has stricter home equity rules than any other state. They apply whenever you take cash out of your homestead, through a cash-out refinance or a home equity loan.

Property taxes, homestead exemptions and escrow

Texas has no state income tax and no state property tax, but local taxes set by counties, cities, school districts and special districts are among the higher rates in the country. Most lenders collect property taxes and homeowners insurance monthly in an escrow account.

Title insurance and closing

Title insurance premiums in Texas are set by the Texas Department of Insurance, so the base premium is the same at every title company. Closings usually take place at a title company.

Home loans near Baird

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Baird mortgage FAQs

What is the median home value in Baird, Texas?

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About $74,600, based on the U.S. Census Bureau's 2019-2023 American Community Survey. The Texas median is $260,400 and the Callahan County median is $144,800.

What county is Baird, TX in?

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Baird is in Callahan County. Property taxes and the homestead exemption are handled by the Callahan County appraisal district.

What is the conforming loan limit in Callahan County?

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For 2026, the conforming loan limit for a one-unit home is $832,750, the same in every Texas county. Larger loans are jumbo loans.

Can I get a USDA loan in Baird?

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Possibly. Baird has about 1,545 residents, and smaller Texas communities often include USDA-eligible addresses. Eligibility depends on the exact address and your household income.

Can I do a cash-out refinance on a home in Baird?

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Yes, under Texas home equity rules (Section 50(a)(6)). Your new loan plus other debt on the home generally can't exceed 80% of its value, and the loan can't close until 12 days after you apply and receive the required notice. A rate-and-term refinance with no cash out isn't subject to these limits.

Is Baird a good place to use a VA loan?

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Many VA borrowers buy in Baird, which is about 27 miles from Dyess Air Force Base. VA loans usually need no down payment and no monthly mortgage insurance for eligible veterans and service members.

Ready to buy or refinance in Baird?

Talk with a licensed HomyLoan loan officer: Office (830) 200-0016 · Cell (817) 305-3724

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Mortgage Broker: HomyLoan, LLC, Company NMLS ID 2783307 (NMLS Consumer Access). Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting, property eligibility and program guidelines, and rates and terms are set by the lender. Program availability may vary.

Consumers wishing to file a complaint against a company or a residential mortgage loan originator should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the Department's website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The Department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the Department prior to the payment of a claim. For more information about the recovery fund, please consult the Department's website at www.sml.texas.gov.

Population: U.S. Census Bureau Vintage 2024 estimates (ACS 2019-2023 for census-designated places). Home values: U.S. Census Bureau, American Community Survey 2019-2023, median value of owner-occupied homes. Distances are approximate.