Total monthly cost of ownership
Cost to Own a Home in Clarksville, Texas
A $50,000 home here costs
$639per 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 $27,500 a year.
A standard mortgage calculator would have told you $273. The real number is $367 higher every month, 134% more than the payment most buyers budget for.
Compare Red River County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Clarksville from a five-year rolling sample, and with about 2,864 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 Red River 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.
Clarksville against Red River County and Texas
| Measure | Clarksville | Red River County |
|---|---|---|
| Median home value | $50,100 | $133,800 |
| Median property tax | $595 | $1,317 |
| Effective tax rate | 1.188% | 0.984% |
| Median gross rent | $809 | $902 |
| Population | 2,864 | 11,621 |
The weather behind that power bill
Clarksville sits in Red River County, which averages a high of 93.1°F in its hottest month and a low of 32.1°F in its coldest, with 49.42" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,142 cooling and 2,850 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Red River County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Red River County
No other places of this size are published in Red River County.
Full Red River County cost breakdown · Every county in Texas
Talk to someone who works this market
These are Clarksville 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 Clarksville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Clarksville I already own here and may sell
Common questions
How much does it cost to own a home in Clarksville?
A $50,000 home in Clarksville, Texas costs approximately $639 per month with 20% down at 7.24%. That is $273 principal and interest, $50 property tax, $33 homeowners insurance, $242 utilities and $42 set aside for maintenance.
What is the property tax rate in Clarksville?
Clarksville has an effective property tax rate of 1.188%, based on a median home value of $50,100 and median real estate taxes of $595. That is higher than the Red River County average of 0.984%.
What is the average home price in Clarksville?
The median owner-occupied home value in Clarksville, Texas is $50,100, against $133,800 across Red River County.
Is it cheaper to rent or buy in Clarksville?
Median gross rent in Clarksville is $809 a month, against $639 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Clarksville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Clarksville, Texas at today's rate takes a household income of roughly $27,500 a year. That covers the full $639 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Clarksville, 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.