Total monthly cost of ownership
Cost to Own a Home in Del Rio, Texas
A $143,000 home here costs
$1,428per 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 $61,000 a year.
A standard mortgage calculator would have told you $780. The real number is $649 higher every month, 83% more than the payment most buyers budget for.
Compare Val Verde 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.
Del Rio against Val Verde County and Texas
| Measure | Del Rio | Val Verde County |
|---|---|---|
| Median home value | $143,200 | $151,500 |
| Median property tax | $2,312 | $2,233 |
| Effective tax rate | 1.615% | 1.474% |
| Median gross rent | $892 | $956 |
| Population | 34,638 | 47,647 |
The weather behind that power bill
Del Rio 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 Del Rio 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 Del Rio every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Del Rio I already own here and may sell
Common questions
How much does it cost to own a home in Del Rio?
A $143,000 home in Del Rio, Texas costs approximately $1,428 per month with 20% down at 7.24%. That is $780 principal and interest, $192 property tax, $95 homeowners insurance, $242 utilities and $119 set aside for maintenance.
What is the property tax rate in Del Rio?
Del Rio has an effective property tax rate of 1.615%, based on a median home value of $143,200 and median real estate taxes of $2,312. That is higher than the Val Verde County average of 1.474%.
What is the average home price in Del Rio?
The median owner-occupied home value in Del Rio, Texas is $143,200, against $151,500 across Val Verde County.
Is it cheaper to rent or buy in Del Rio?
Median gross rent in Del Rio is $892 a month, against $1,428 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 Del Rio?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Del Rio, Texas at today's rate takes a household income of roughly $61,000 a year. That covers the full $1,428 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Del Rio, 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.