Total monthly cost of ownership
Cost to Own a Home in Edgecliff Village, Texas
A $260,000 home here costs
$2,250per 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 $914 higher every month — 68% 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.
Edgecliff Village against Tarrant County and Texas
| Measure | Edgecliff Village | Tarrant County |
|---|---|---|
| Median home value | $259,700 | $294,100 |
| Median property tax | $3,707 | $5,211 |
| Effective tax rate | 1.427% | 1.772% |
| Median gross rent | $1,793 | $1,447 |
| Population | 3,752 | 2,135,743 |
The weather behind that power bill
Edgecliff Village sits in Tarrant County, which averages a high of 97.1°F in its hottest month and a low of 37.9°F in its coldest, with 38.32" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 3,125 cooling and 1,992 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Tarrant County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Tarrant County
Common questions
How much does it cost to own a home in Edgecliff Village?
A $260,000 home in Edgecliff Village, Texas costs approximately $2,250 per month with 20% down at 6.66%. That is $1,337 principal and interest, $309 property tax, $172 homeowners insurance, $216 utilities and $217 set aside for maintenance.
What is the property tax rate in Edgecliff Village?
Edgecliff Village has an effective property tax rate of 1.427%, based on a median home value of $259,700 and median real estate taxes of $3,707. That is lower than the Tarrant County average of 1.772%.
What is the average home price in Edgecliff Village?
The median owner-occupied home value in Edgecliff Village, Texas is $259,700, against $294,100 across Tarrant County.
Is it cheaper to rent or buy in Edgecliff Village?
Median gross rent in Edgecliff Village is $1,793 a month, against $2,250 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 Edgecliff Village — 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.