Total monthly cost of ownership
Cost to Own a Home in Caldwell, Texas
A $192,000 home here costs
$1,654per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $987. The real number is $667 higher every month — 68% 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.
Caldwell against Burleson County and Texas
| Measure | Caldwell | Burleson County |
|---|---|---|
| Median home value | $191,900 | $174,000 |
| Median property tax | $1,973 | $1,816 |
| Effective tax rate | 1.028% | 1.044% |
| Median gross rent | $850 | $909 |
| Population | 4,238 | 18,327 |
The weather behind that power bill
Caldwell sits in Burleson County, which averages a high of 96.6°F in its hottest month and a low of 41.3°F in its coldest, with 41.75" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 3,169 cooling and 1,545 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Burleson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Burleson County
Common questions
How much does it cost to own a home in Caldwell?
A $192,000 home in Caldwell, Texas costs approximately $1,654 per month with 20% down at 6.66%. That is $987 principal and interest, $164 property tax, $127 homeowners insurance, $216 utilities and $160 set aside for maintenance.
What is the property tax rate in Caldwell?
Caldwell has an effective property tax rate of 1.028%, based on a median home value of $191,900 and median real estate taxes of $1,973. That is lower than the Burleson County average of 1.044%.
What is the average home price in Caldwell?
The median owner-occupied home value in Caldwell, Texas is $191,900, against $174,000 across Burleson County.
Is it cheaper to rent or buy in Caldwell?
Median gross rent in Caldwell is $850 a month, against $1,654 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 Caldwell — 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.