2020 Mitchell County Government Home Loan Limits
FHA Loan Limit $331,760 (Single family residence) / $424,800 (Duplex) / $513,450 (Triplex) / $638,100 (Fourplex)
USDA Loan Limit $251,862
VA Home Loan Limit $0 down up to $3,000,000 / 2 open VA loans at one time $510,400 *(Call 888-573-4496 for details).
Mitchell County is based in central Texas closer to the New Mexico and Texas border, compared to the eastern side. The county is small and rural with a population of under 10,000, according to the 2010 census. The total area of the county is 916 square miles. Colorado City is the county seat. The county was created in 1876, yet not fully organized until five years later.
The name of Mitchell County derives from Asa and Eli Mitchell. The pair were early settlers of the land. They also helped fight for the independence of Texas. The county is in a rural portion of Texas yet conveniently located off I-20. Interstate 20 travels east and west through the county.
Interstate 20 eventually ends up in Abilene (to the east) and Midland (to the west). From Midland, travelers can fork right and head north toward Lubbock, Texas. Mitchell County is also serviced by State Highway 163 (which also passes through Colorado City) as well as State Highway 350 and State Highway 208.
Mitchell County is connected to six territories in Texas. These include Scurry County and Borden County (to the north), Coke County and Sterling County (to the south), Nolan County (to the east), and Howard County (to the west).
Colorado City is the largest town in Mitchell County yet still relatively small with 4,150 residents. The town is located at an important junction in west-central Texas. Colorado City is 110 miles from Lubbock, home of the University of Texas. It is also approximately 385 miles to El Paso, Texas which is at the Texas and New Mexico border, as well as the U.S. and Mexico border. The Dallas-Fort Worth area is the nearest metropolitan at about 220 miles to the east.
As the name implies Colorado City exist along the Colorado River. The iconic river originates from Colorado before traveling southeast toward the Gulf of Mexico. The Colorado River eventually reaches Llano Estacado in Texas before traveling south toward Matagorda Bay.
Mitchell County is known for having a semiarid climate. The summers are hot and humid. However, the winters are very mild with little to no chance of snow. The county is spread out in terms of population density (810 people per square mile). The 2010 census reported a little over 2,000 housing units in the county.
The census also explains that of the reported households, 34 percent had children under the age of 18 living with them. Basically half of all households were married couples living together, while 32 percent were “non-families” and 14 percent had a female householder with no husband present. Additionally, nearly 30 percent of all households were composed of individuals. The retirement/senior population was approximately 17 percent of the county in 2010.
Mitchell County has some famous residents. Hollis Gainey, a legendary track and field athlete at the University of Texas is from the county. Don Maynard, a member of the Pro Football Hall of Fame also graduated from Colorado High School. Politicians Martin Dies Jr. and George Mahon are also from the area.
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Mitchell County Property Search
Colorado City, Loraine, Westbrook
79512, 79532, 79565
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USDA Loan Limit
USDA Eligible zip codes: 79512, 79532, and 79565
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