Total monthly cost of ownership
Cost to Own a Home in Carrizo Hill, Texas
A $18,000 home here costs
$409per 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 $17,500 a year.
A standard mortgage calculator would have told you $98. The real number is $311 higher every month, 317% more than the payment most buyers budget for.
Compare Dimmit County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Carrizo Hill from a five-year rolling sample, and with about 1,355 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 Dimmit 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.
Carrizo Hill against Dimmit County and Texas
| Measure | Carrizo Hill | Dimmit County |
|---|---|---|
| Median home value | $18,100 | $80,300 |
| Median property tax | $503 | $917 |
| Effective tax rate | 2.779% | 1.142% |
| Median gross rent | — | $753 |
| Population | 1,355 | 8,507 |
The weather behind that power bill
Carrizo Hill sits in Dimmit County, which averages a high of 99.9°F in its hottest month and a low of 37.4°F in its coldest, with 19.57" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 3,494 cooling and 1,414 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Dimmit County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dimmit County
Talk to someone who works this market
These are Carrizo Hill 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 Carrizo Hill every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Carrizo Hill?
A $18,000 home in Carrizo Hill, Texas costs approximately $409 per month with 20% down at 7.24%. That is $98 principal and interest, $42 property tax, $12 homeowners insurance, $242 utilities and $15 set aside for maintenance.
What is the property tax rate in Carrizo Hill?
Carrizo Hill has an effective property tax rate of 2.779%, based on a median home value of $18,100 and median real estate taxes of $503. That is higher than the Dimmit County average of 1.142%.
What is the average home price in Carrizo Hill?
The median owner-occupied home value in Carrizo Hill, Texas is $18,100, against $80,300 across Dimmit County.
Is it cheaper to rent or buy in Carrizo Hill?
Rent data is not published for Carrizo Hill at this level of detail.
What salary do you need to buy a home in Carrizo Hill?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Carrizo Hill, Texas at today's rate takes a household income of roughly $17,500 a year. That covers the full $409 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Carrizo Hill, 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.