With a 70k income, homeownership in Texas might be more challenging, especially in Houston. Financial advisors recommend spending about 3 to 4 times your annual income on a home, setting your budget between $210,000 and $280,000.

However, the median home price in Houston is approximately $350,000, which exceeds your maximum affordability range. This suggests that the major market may be less accessible at your current income level.

That said, more affordable options may be found in other areas such as San Antonio and Dallas, where prices average around $330,000. Texas has a property tax rate of 1.85%, or roughly $6,475 per year on an average home. Considering a cost of living slightly below the national average, you might need to explore alternative locations or financing strategies to meet your homeownership goals.