Total monthly cost of ownership
Cost to Own a Home in Coahoma, Texas
A $260,000 home here costs
$2,254per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,337. The real number is $917 higher every month — 69% 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.
Coahoma against Howard County and Texas
| Measure | Coahoma | Howard County |
|---|---|---|
| Median home value | $260,100 | $150,300 |
| Median property tax | $3,757 | $1,642 |
| Effective tax rate | 1.444% | 1.092% |
| Median gross rent | $1,194 | $993 |
| Population | 1,519 | 33,127 |
The weather behind that power bill
Coahoma sits in Howard County, which averages a high of 95.8°F in its hottest month and a low of 31.4°F in its coldest, with 19.6" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,508 cooling and 2,558 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Howard County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Howard County
Common questions
How much does it cost to own a home in Coahoma?
A $260,000 home in Coahoma, Texas costs approximately $2,254 per month with 20% down at 6.66%. That is $1,337 principal and interest, $313 property tax, $172 homeowners insurance, $216 utilities and $217 set aside for maintenance.
What is the property tax rate in Coahoma?
Coahoma has an effective property tax rate of 1.444%, based on a median home value of $260,100 and median real estate taxes of $3,757. That is higher than the Howard County average of 1.092%.
What is the average home price in Coahoma?
The median owner-occupied home value in Coahoma, Texas is $260,100, against $150,300 across Howard County.
Is it cheaper to rent or buy in Coahoma?
Median gross rent in Coahoma is $1,194 a month, against $2,254 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 Coahoma — 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.