Total monthly cost of ownership
Cost to Own a Home in Dumas, Texas
A $151,000 home here costs
$1,410per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $776. The real number is $634 higher every month — 82% 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.
Dumas against Moore County and Texas
| Measure | Dumas | Moore County |
|---|---|---|
| Median home value | $151,400 | $135,400 |
| Median property tax | $2,316 | $2,066 |
| Effective tax rate | 1.530% | 1.526% |
| Median gross rent | $1,029 | $894 |
| Population | 14,362 | 21,234 |
The weather behind that power bill
Dumas sits in Moore County, which averages a high of 92.2°F in its hottest month and a low of 22.1°F in its coldest, with 17.7" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 1,428 cooling and 4,479 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Moore County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Moore County
Common questions
How much does it cost to own a home in Dumas?
A $151,000 home in Dumas, Texas costs approximately $1,410 per month with 20% down at 6.66%. That is $776 principal and interest, $193 property tax, $100 homeowners insurance, $216 utilities and $126 set aside for maintenance.
What is the property tax rate in Dumas?
Dumas has an effective property tax rate of 1.530%, based on a median home value of $151,400 and median real estate taxes of $2,316. That is in line with the Moore County average of 1.526%.
What is the average home price in Dumas?
The median owner-occupied home value in Dumas, Texas is $151,400, against $135,400 across Moore County.
Is it cheaper to rent or buy in Dumas?
Median gross rent in Dumas is $1,029 a month, against $1,410 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 Dumas — 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.