Total monthly cost of ownership
Cost to Own a Home in Fredericksburg, Texas
A $443,000 home here costs
$3,588per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,277. The real number is $1,311 higher every month — 58% 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.
Fredericksburg against Gillespie County and Texas
| Measure | Fredericksburg | Gillespie County |
|---|---|---|
| Median home value | $442,800 | $432,300 |
| Median property tax | $5,189 | $4,404 |
| Effective tax rate | 1.172% | 1.019% |
| Median gross rent | $1,364 | $1,331 |
| Population | 11,254 | 27,202 |
The weather behind that power bill
Fredericksburg sits in Gillespie County, which averages a high of 94.2°F in its hottest month and a low of 34.2°F in its coldest, with 30.56" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,382 cooling and 2,163 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Gillespie County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gillespie County
Full Gillespie County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Fredericksburg?
A $443,000 home in Fredericksburg, Texas costs approximately $3,588 per month with 20% down at 6.66%. That is $2,277 principal and interest, $433 property tax, $293 homeowners insurance, $216 utilities and $369 set aside for maintenance.
What is the property tax rate in Fredericksburg?
Fredericksburg has an effective property tax rate of 1.172%, based on a median home value of $442,800 and median real estate taxes of $5,189. That is higher than the Gillespie County average of 1.019%.
What is the average home price in Fredericksburg?
The median owner-occupied home value in Fredericksburg, Texas is $442,800, against $432,300 across Gillespie County.
Is it cheaper to rent or buy in Fredericksburg?
Median gross rent in Fredericksburg is $1,364 a month, against $3,588 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 Fredericksburg — 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.