Total monthly cost of ownership
Cost to Own a Home in Breckenridge, Texas
A $76,000 home here costs
$843per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $391. The real number is $453 higher every month — 116% 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.
Breckenridge against Stephens County and Texas
| Measure | Breckenridge | Stephens County |
|---|---|---|
| Median home value | $76,400 | $105,700 |
| Median property tax | $1,486 | $1,779 |
| Effective tax rate | 1.945% | 1.683% |
| Median gross rent | $775 | $802 |
| Population | 5,182 | 9,278 |
The weather behind that power bill
Breckenridge sits in Stephens County, which averages a high of 96.0°F in its hottest month and a low of 28.2°F in its coldest, with 29.7" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 2,389 cooling and 2,823 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Stephens County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Stephens County
No other places of this size are published in Stephens County.
Common questions
How much does it cost to own a home in Breckenridge?
A $76,000 home in Breckenridge, Texas costs approximately $843 per month with 20% down at 6.66%. That is $391 principal and interest, $123 property tax, $50 homeowners insurance, $216 utilities and $63 set aside for maintenance.
What is the property tax rate in Breckenridge?
Breckenridge has an effective property tax rate of 1.945%, based on a median home value of $76,400 and median real estate taxes of $1,486. That is higher than the Stephens County average of 1.683%.
What is the average home price in Breckenridge?
The median owner-occupied home value in Breckenridge, Texas is $76,400, against $105,700 across Stephens County.
Is it cheaper to rent or buy in Breckenridge?
Median gross rent in Breckenridge is $775 a month, against $843 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 Breckenridge — 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.