Total monthly cost of ownership
Cost to Own a Home in Celina, Texas
A $458,000 home here costs
$4,205per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $180,000 a year.
A standard mortgage calculator would have told you $2,537. The real number is $1,668 higher every month, 66% more than the payment most buyers budget for.
Compare Collin County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Celina against Collin County and Texas
| Measure | Celina | Collin County |
|---|---|---|
| Median home value | $458,000 | $447,600 |
| Median property tax | $8,901 | $7,432 |
| Effective tax rate | 1.943% | 1.660% |
| Median gross rent | $2,064 | $1,792 |
| Population | 27,141 | 1,116,601 |
Celina extends across 2 counties. Figures here use Collin County, where most of its housing sits.
The weather behind that power bill
Celina sits in Collin County, which averages a high of 95.5°F in its hottest month and a low of 33.9°F in its coldest, with 38.3" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,531 cooling and 2,497 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Collin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Collin County
Talk to someone who works this market
These are Celina 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 Celina every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Celina I already own here and may sell
Common questions
How much does it cost to own a home in Celina?
A $458,000 home in Celina, Texas costs approximately $4,205 per month with 20% down at 7.4%. That is $2,537 principal and interest, $742 property tax, $303 homeowners insurance, $242 utilities and $382 set aside for maintenance.
What is the property tax rate in Celina?
Celina has an effective property tax rate of 1.943%, based on a median home value of $458,000 and median real estate taxes of $8,901. That is higher than the Collin County average of 1.660%.
What is the average home price in Celina?
The median owner-occupied home value in Celina, Texas is $458,000, against $447,600 across Collin County.
Is it cheaper to rent or buy in Celina?
Median gross rent in Celina is $2,064 a month, against $4,205 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 Celina?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Celina, Texas at today's rate takes a household income of roughly $180,000 a year. That covers the full $4,205 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Celina, 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.