Cost to Own
United StatesTexasMedina CountyDevine Population 4,430 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Devine, Texas

A $146,000 home here costs

$1,389

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $751. The real number is $638 higher every month — 85% more than the payment most buyers budget for.

Devine median: $145,600
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $116,800 borrowed $751
Property tax1.677% effective rate for Devine itself $204
Homeowners insuranceTexas averages $2,124/yr (NAIC), or 0.794% of home value $97
Electricity16.44¢/kWh — Texas residential average, EIA $148
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $122
Total monthly $1,389

Devine against Medina County and Texas

MeasureDevineMedina County
Median home value$145,600$220,000
Median property tax$2,442$2,881
Effective tax rate1.677%1.310%
Median gross rent$714$1,091
Population4,43052,419

The weather behind that power bill

Devine sits in Medina County, which averages a high of 97.2°F in its hottest month and a low of 38.7°F in its coldest, with 24.91" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 3,147 cooling and 1,454 heating degree days, which is what sets the $148 electricity line above.

See the full climate breakdown for Medina County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Medina County

Full Medina County cost breakdown · Every county in Texas

Common questions

How much does it cost to own a home in Devine?

A $146,000 home in Devine, Texas costs approximately $1,389 per month with 20% down at 6.66%. That is $751 principal and interest, $204 property tax, $97 homeowners insurance, $216 utilities and $122 set aside for maintenance.

What is the property tax rate in Devine?

Devine has an effective property tax rate of 1.677%, based on a median home value of $145,600 and median real estate taxes of $2,442. That is higher than the Medina County average of 1.310%.

What is the average home price in Devine?

The median owner-occupied home value in Devine, Texas is $145,600, against $220,000 across Medina County.

Is it cheaper to rent or buy in Devine?

Median gross rent in Devine is $714 a month, against $1,389 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 Devine — 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.

Full methodology