Total monthly cost of ownership
Cost to Own a Home in Crosbyton, Texas
A $59,000 home here costs
$685per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $303. The real number is $382 higher every month — 126% 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.
Crosbyton against Crosby County and Texas
| Measure | Crosbyton | Crosby County |
|---|---|---|
| Median home value | $58,900 | $75,500 |
| Median property tax | $932 | $1,345 |
| Effective tax rate | 1.582% | 1.781% |
| Median gross rent | $512 | $637 |
| Population | 1,718 | 5,072 |
The weather behind that power bill
Crosbyton sits in Crosby County, which averages a high of 92.7°F in its hottest month and a low of 26.1°F in its coldest, with 21.7" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 1,796 cooling and 3,418 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Crosby County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Crosby County
Common questions
How much does it cost to own a home in Crosbyton?
A $59,000 home in Crosbyton, Texas costs approximately $685 per month with 20% down at 6.66%. That is $303 principal and interest, $78 property tax, $39 homeowners insurance, $216 utilities and $49 set aside for maintenance.
What is the property tax rate in Crosbyton?
Crosbyton has an effective property tax rate of 1.582%, based on a median home value of $58,900 and median real estate taxes of $932. That is lower than the Crosby County average of 1.781%.
What is the average home price in Crosbyton?
The median owner-occupied home value in Crosbyton, Texas is $58,900, against $75,500 across Crosby County.
Is it cheaper to rent or buy in Crosbyton?
Median gross rent in Crosbyton is $512 a month, against $685 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 Crosbyton — 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.