Total monthly cost of ownership
Cost to Own a Home in Cactus, Texas
A $61,000 home here costs
$690per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $314. The real number is $376 higher every month — 120% 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.
Cactus against Moore County and Texas
| Measure | Cactus | Moore County |
|---|---|---|
| Median home value | $61,300 | $135,400 |
| Median property tax | $838 | $2,066 |
| Effective tax rate | 1.367% | 1.526% |
| Median gross rent | $725 | $894 |
| Population | 3,063 | 21,234 |
The weather behind that power bill
Cactus sits in Moore County, which averages a high of 92.2°F in its hottest month and a low of 22.1°F in its coldest, with 17.7" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 1,428 cooling and 4,479 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Moore County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Moore County
Common questions
How much does it cost to own a home in Cactus?
A $61,000 home in Cactus, Texas costs approximately $690 per month with 20% down at 6.66%. That is $314 principal and interest, $69 property tax, $40 homeowners insurance, $216 utilities and $51 set aside for maintenance.
What is the property tax rate in Cactus?
Cactus has an effective property tax rate of 1.367%, based on a median home value of $61,300 and median real estate taxes of $838. That is lower than the Moore County average of 1.526%.
What is the average home price in Cactus?
The median owner-occupied home value in Cactus, Texas is $61,300, against $135,400 across Moore County.
Is it cheaper to rent or buy in Cactus?
Median gross rent in Cactus is $725 a month, against $690 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cactus — 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.