Total monthly cost of ownership
Cost to Own a Home in Brady, Texas
A $103,000 home here costs
$1,029per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $530. The real number is $500 higher every month — 94% 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.
Brady against McCulloch County and Texas
| Measure | Brady | McCulloch County |
|---|---|---|
| Median home value | $102,900 | $104,400 |
| Median property tax | $1,558 | $1,435 |
| Effective tax rate | 1.514% | 1.375% |
| Median gross rent | $836 | $838 |
| Population | 5,215 | 7,565 |
The weather behind that power bill
Brady sits in McCulloch County, which averages a high of 93.7°F in its hottest month and a low of 35.3°F in its coldest, with 27.38" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,420 cooling and 2,231 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for McCulloch County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in McCulloch County
No other places of this size are published in McCulloch County.
Full McCulloch County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Brady?
A $103,000 home in Brady, Texas costs approximately $1,029 per month with 20% down at 6.66%. That is $530 principal and interest, $130 property tax, $68 homeowners insurance, $216 utilities and $86 set aside for maintenance.
What is the property tax rate in Brady?
Brady has an effective property tax rate of 1.514%, based on a median home value of $102,900 and median real estate taxes of $1,558. That is higher than the McCulloch County average of 1.375%.
What is the average home price in Brady?
The median owner-occupied home value in Brady, Texas is $102,900, against $104,400 across McCulloch County.
Is it cheaper to rent or buy in Brady?
Median gross rent in Brady is $836 a month, against $1,029 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 Brady — 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.