Total monthly cost of ownership
Cost to Own a Home in Bastrop, Texas
A $308,000 home here costs
$2,746per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,583. The real number is $1,162 higher every month — 73% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bastrop against Bastrop County and Texas
| Measure | Bastrop | Bastrop County |
|---|---|---|
| Median home value | $308,300 | $269,500 |
| Median property tax | $5,839 | $4,077 |
| Effective tax rate | 1.894% | 1.513% |
| Median gross rent | $1,387 | $1,342 |
| Population | 10,484 | 102,370 |
The weather behind that power bill
Bastrop sits in Bastrop County, which averages a high of 97.0°F in its hottest month and a low of 38.6°F in its coldest, with 37.12" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,999 cooling and 1,691 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Bastrop County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bastrop County
Common questions
How much does it cost to own a home in Bastrop?
A $308,000 home in Bastrop, Texas costs approximately $2,746 per month with 20% down at 6.66%. That is $1,583 principal and interest, $486 property tax, $204 homeowners insurance, $216 utilities and $257 set aside for maintenance.
What is the property tax rate in Bastrop?
Bastrop has an effective property tax rate of 1.894%, based on a median home value of $308,300 and median real estate taxes of $5,839. That is higher than the Bastrop County average of 1.513%.
What is the average home price in Bastrop?
The median owner-occupied home value in Bastrop, Texas is $308,300, against $269,500 across Bastrop County.
Is it cheaper to rent or buy in Bastrop?
Median gross rent in Bastrop is $1,387 a month, against $2,746 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 Bastrop — 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.