Total monthly cost of ownership
Cost to Own a Home in Cienegas Terrace, Texas
A $98,000 home here costs
$997per 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 $42,500 a year.
A standard mortgage calculator would have told you $534. The real number is $463 higher every month, 87% more than the payment most buyers budget for.
Compare Val Verde County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Cienegas Terrace from a five-year rolling sample, and with about 1,703 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 Val Verde 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.
Cienegas Terrace against Val Verde County and Texas
| Measure | Cienegas Terrace | Val Verde County |
|---|---|---|
| Median home value | $97,600 | $151,500 |
| Median property tax | $884 | $2,233 |
| Effective tax rate | 0.906% | 1.474% |
| Median gross rent | $956 | $956 |
| Population | 1,703 | 47,647 |
The weather behind that power bill
Cienegas Terrace sits in Val Verde County, which averages a high of 96.0°F in its hottest month and a low of 35.3°F in its coldest, with 20.76" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,893 cooling and 1,796 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Val Verde County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Val Verde County
Full Val Verde County cost breakdown · Every county in Texas
Talk to someone who works this market
These are Cienegas Terrace 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 Cienegas Terrace every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Cienegas Terrace I already own here and may sell
Common questions
How much does it cost to own a home in Cienegas Terrace?
A $98,000 home in Cienegas Terrace, Texas costs approximately $997 per month with 20% down at 7.24%. That is $534 principal and interest, $74 property tax, $65 homeowners insurance, $242 utilities and $82 set aside for maintenance.
What is the property tax rate in Cienegas Terrace?
Cienegas Terrace has an effective property tax rate of 0.906%, based on a median home value of $97,600 and median real estate taxes of $884. That is lower than the Val Verde County average of 1.474%.
What is the average home price in Cienegas Terrace?
The median owner-occupied home value in Cienegas Terrace, Texas is $97,600, against $151,500 across Val Verde County.
Is it cheaper to rent or buy in Cienegas Terrace?
Median gross rent in Cienegas Terrace is $956 a month, against $997 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 Cienegas Terrace?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Cienegas Terrace, Texas at today's rate takes a household income of roughly $42,500 a year. That covers the full $997 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cienegas Terrace, 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.