Total monthly cost of ownership
Cost to Own a Home in Eldorado, Texas
A $97,000 home here costs
$984per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $499. The real number is $485 higher every month — 97% 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.
Eldorado against Schleicher County and Texas
| Measure | Eldorado | Schleicher County |
|---|---|---|
| Median home value | $97,300 | $113,400 |
| Median property tax | $1,500 | $1,621 |
| Effective tax rate | 1.542% | 1.429% |
| Median gross rent | $621 | $627 |
| Population | 1,793 | 2,426 |
The weather behind that power bill
Eldorado sits in Schleicher County, which averages a high of 93.1°F in its hottest month and a low of 32.2°F in its coldest, with 21.9" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,087 cooling and 2,490 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Schleicher County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Schleicher County
No other places of this size are published in Schleicher County.
Full Schleicher County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Eldorado?
A $97,000 home in Eldorado, Texas costs approximately $984 per month with 20% down at 6.66%. That is $499 principal and interest, $125 property tax, $64 homeowners insurance, $216 utilities and $81 set aside for maintenance.
What is the property tax rate in Eldorado?
Eldorado has an effective property tax rate of 1.542%, based on a median home value of $97,300 and median real estate taxes of $1,500. That is higher than the Schleicher County average of 1.429%.
What is the average home price in Eldorado?
The median owner-occupied home value in Eldorado, Texas is $97,300, against $113,400 across Schleicher County.
Is it cheaper to rent or buy in Eldorado?
Median gross rent in Eldorado is $621 a month, against $984 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 Eldorado — 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.