The historic downtown area features beautiful brick buildings and the iconic Breckenridge Theatre with its classic vertical sign. Housing costs here average about 25% lower than the national average, making home ownership actually possible. This small town in North Texas offers incredibly affordable housing, with median home prices that might make you do a double-take. The historic downtown area features beautiful buildings like the restored railroad depot, now serving as a museum with modest admission fees. Housing costs here average about 35% below the national average, with many nice homes available for under $150,000.