Total monthly cost of ownership
Cost to Own a Home in Carrizo Springs, Texas
A $68,000 home here costs
$758per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $350. The real number is $408 higher every month — 117% 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.
Carrizo Springs against Dimmit County and Texas
| Measure | Carrizo Springs | Dimmit County |
|---|---|---|
| Median home value | $67,700 | $80,300 |
| Median property tax | $1,082 | $917 |
| Effective tax rate | 1.598% | 1.142% |
| Median gross rent | $516 | $753 |
| Population | 4,800 | 8,507 |
The weather behind that power bill
Carrizo Springs 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 $148 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
Common questions
How much does it cost to own a home in Carrizo Springs?
A $68,000 home in Carrizo Springs, Texas costs approximately $758 per month with 20% down at 6.66%. That is $350 principal and interest, $91 property tax, $45 homeowners insurance, $216 utilities and $57 set aside for maintenance.
What is the property tax rate in Carrizo Springs?
Carrizo Springs has an effective property tax rate of 1.598%, based on a median home value of $67,700 and median real estate taxes of $1,082. That is higher than the Dimmit County average of 1.142%.
What is the average home price in Carrizo Springs?
The median owner-occupied home value in Carrizo Springs, Texas is $67,700, against $80,300 across Dimmit County.
Is it cheaper to rent or buy in Carrizo Springs?
Median gross rent in Carrizo Springs is $516 a month, against $758 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 Carrizo Springs — 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.