Total monthly cost of ownership
Cost to Own a Home in Balcones Heights, Texas
A $214,000 home here costs
$2,062per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $88,500 a year.
A standard mortgage calculator would have told you $1,167. The real number is $895 higher every month, 77% more than the payment most buyers budget for.
Compare Bexar County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Balcones Heights from a five-year rolling sample, and with about 2,724 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Bexar County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Balcones Heights against Bexar County and Texas
| Measure | Balcones Heights | Bexar County |
|---|---|---|
| Median home value | $214,300 | $244,100 |
| Median property tax | $4,000 | $4,429 |
| Effective tax rate | 1.867% | 1.814% |
| Median gross rent | $927 | $1,290 |
| Population | 2,724 | 2,037,344 |
The weather behind that power bill
Balcones Heights sits in Bexar County, which averages a high of 97.5°F in its hottest month and a low of 40.3°F in its coldest, with 31.27" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 3,144 cooling and 1,446 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Bexar County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bexar County
Talk to someone who works this market
These are Balcones Heights averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Balcones Heights every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Balcones Heights?
A $214,000 home in Balcones Heights, Texas costs approximately $2,062 per month with 20% down at 7.24%. That is $1,167 principal and interest, $333 property tax, $142 homeowners insurance, $242 utilities and $178 set aside for maintenance.
What is the property tax rate in Balcones Heights?
Balcones Heights has an effective property tax rate of 1.867%, based on a median home value of $214,300 and median real estate taxes of $4,000. That is higher than the Bexar County average of 1.814%.
What is the average home price in Balcones Heights?
The median owner-occupied home value in Balcones Heights, Texas is $214,300, against $244,100 across Bexar County.
Is it cheaper to rent or buy in Balcones Heights?
Median gross rent in Balcones Heights is $927 a month, against $2,062 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Balcones Heights?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Balcones Heights, Texas at today's rate takes a household income of roughly $88,500 a year. That covers the full $2,062 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Balcones Heights, 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.