Total monthly cost of ownership
Cost to Own a Home in Caldwell, Texas
A $192,000 home here costs
$1,741per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $74,500 a year.
A standard mortgage calculator would have told you $1,047. The real number is $694 higher every month, 66% more than the payment most buyers budget for.
Compare Burleson County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Caldwell from a five-year rolling sample, and with about 4,238 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Burleson County figures are drawn from a far larger sample if you want a steadier number.
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 $174 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
Talk to someone who works this market
These are Caldwell averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Caldwell every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Caldwell I already own here and may sell
Common questions
How much does it cost to own a home in Caldwell?
A $192,000 home in Caldwell, Texas costs approximately $1,741 per month with 20% down at 7.24%. That is $1,047 principal and interest, $164 property tax, $127 homeowners insurance, $242 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 $1,741 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Caldwell?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Caldwell, Texas at today's rate takes a household income of roughly $74,500 a year. That covers the full $1,741 monthly cost, not just the mortgage payment.
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.