Cost to Own
United StatesTexasAndrews CountyAndrews Population 13,416 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Andrews, Texas

A $187,000 home here costs

$1,673

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $961. The real number is $712 higher every month — 74% more than the payment most buyers budget for.

Andrews median: $186,700
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $149,600 borrowed $961
Property tax1.389% effective rate for Andrews itself $216
Homeowners insuranceTexas averages $2,124/yr (NAIC), or 0.794% of home value $124
Electricity16.44¢/kWh — Texas residential average, EIA $148
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $156
Total monthly $1,673

Andrews against Andrews County and Texas

MeasureAndrewsAndrews County
Median home value$186,700$188,200
Median property tax$2,593$2,500
Effective tax rate1.389%1.328%
Median gross rent$1,371$1,364
Population13,41618,518

The weather behind that power bill

Andrews sits in Andrews County, which averages a high of 95.6°F in its hottest month and a low of 31.3°F in its coldest, with 13.97" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 2,396 cooling and 2,407 heating degree days, which is what sets the $148 electricity line above.

See the full climate breakdown for Andrews County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Andrews County

No other places of this size are published in Andrews County.

Full Andrews County cost breakdown · Every county in Texas

Common questions

How much does it cost to own a home in Andrews?

A $187,000 home in Andrews, Texas costs approximately $1,673 per month with 20% down at 6.66%. That is $961 principal and interest, $216 property tax, $124 homeowners insurance, $216 utilities and $156 set aside for maintenance.

What is the property tax rate in Andrews?

Andrews has an effective property tax rate of 1.389%, based on a median home value of $186,700 and median real estate taxes of $2,593. That is higher than the Andrews County average of 1.328%.

What is the average home price in Andrews?

The median owner-occupied home value in Andrews, Texas is $186,700, against $188,200 across Andrews County.

Is it cheaper to rent or buy in Andrews?

Median gross rent in Andrews is $1,371 a month, against $1,673 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Andrews — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Texas.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology