Total monthly cost of ownership
Cost to Own a Home in Buchanan Dam, Texas
A $267,000 home here costs
$2,169per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,373. The real number is $797 higher every month — 58% 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.
Buchanan Dam against Llano County and Texas
| Measure | Buchanan Dam | Llano County |
|---|---|---|
| Median home value | $267,100 | $322,300 |
| Median property tax | $2,182 | $2,587 |
| Effective tax rate | 0.817% | 0.803% |
| Median gross rent | $917 | $995 |
| Population | 1,359 | 22,011 |
The weather behind that power bill
Buchanan Dam sits in Llano County, which averages a high of 96.8°F in its hottest month and a low of 33.6°F in its coldest, with 27.57" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,799 cooling and 2,014 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Llano County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Llano County
Common questions
How much does it cost to own a home in Buchanan Dam?
A $267,000 home in Buchanan Dam, Texas costs approximately $2,169 per month with 20% down at 6.66%. That is $1,373 principal and interest, $182 property tax, $177 homeowners insurance, $216 utilities and $223 set aside for maintenance.
What is the property tax rate in Buchanan Dam?
Buchanan Dam has an effective property tax rate of 0.817%, based on a median home value of $267,100 and median real estate taxes of $2,182. That is higher than the Llano County average of 0.803%.
What is the average home price in Buchanan Dam?
The median owner-occupied home value in Buchanan Dam, Texas is $267,100, against $322,300 across Llano County.
Is it cheaper to rent or buy in Buchanan Dam?
Median gross rent in Buchanan Dam is $917 a month, against $2,169 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 Buchanan Dam — 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.