Total monthly cost of ownership
Cost to Own a Home in Ben Wheeler, Texas
A $259,000 home here costs
$2,140per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,332. The real number is $808 higher every month — 61% 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.
Ben Wheeler against Van Zandt County and Texas
| Measure | Ben Wheeler | Van Zandt County |
|---|---|---|
| Median home value | $258,600 | $199,500 |
| Median property tax | $2,456 | $2,204 |
| Effective tax rate | 0.950% | 1.105% |
| Median gross rent | — | $1,010 |
| Population | 1,793 | 61,323 |
The weather behind that power bill
Ben Wheeler sits in Van Zandt County, which averages a high of 96.3°F in its hottest month and a low of 35.7°F in its coldest, with 38.42" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,738 cooling and 2,211 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Van Zandt County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Van Zandt County
Full Van Zandt County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Ben Wheeler?
A $259,000 home in Ben Wheeler, Texas costs approximately $2,140 per month with 20% down at 6.66%. That is $1,332 principal and interest, $205 property tax, $171 homeowners insurance, $216 utilities and $216 set aside for maintenance.
What is the property tax rate in Ben Wheeler?
Ben Wheeler has an effective property tax rate of 0.950%, based on a median home value of $258,600 and median real estate taxes of $2,456. That is lower than the Van Zandt County average of 1.105%.
What is the average home price in Ben Wheeler?
The median owner-occupied home value in Ben Wheeler, Texas is $258,600, against $199,500 across Van Zandt County.
Is it cheaper to rent or buy in Ben Wheeler?
Rent data is not published for Ben Wheeler at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ben Wheeler — 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.