Total monthly cost of ownership
Cost to Own a Home in Freer, Texas
A $102,000 home here costs
$1,041per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $44,500 a year.
A standard mortgage calculator would have told you $556. The real number is $485 higher every month, 87% more than the payment most buyers budget for.
Compare Duval County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Freer from a five-year rolling sample, and with about 2,524 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Duval County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Freer against Duval County and Texas
| Measure | Freer | Duval County |
|---|---|---|
| Median home value | $102,000 | $86,400 |
| Median property tax | $1,084 | $931 |
| Effective tax rate | 1.063% | 1.078% |
| Median gross rent | $733 | $737 |
| Population | 2,524 | 9,824 |
The weather behind that power bill
Freer sits in Duval County, which averages a high of 97.2°F in its hottest month and a low of 46.6°F in its coldest, with 27.01" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 3,890 cooling and 837 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Duval County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Duval County
Talk to someone who works this market
These are Freer averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Freer every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Freer?
A $102,000 home in Freer, Texas costs approximately $1,041 per month with 20% down at 7.24%. That is $556 principal and interest, $90 property tax, $67 homeowners insurance, $242 utilities and $85 set aside for maintenance.
What is the property tax rate in Freer?
Freer has an effective property tax rate of 1.063%, based on a median home value of $102,000 and median real estate taxes of $1,084. That is lower than the Duval County average of 1.078%.
What is the average home price in Freer?
The median owner-occupied home value in Freer, Texas is $102,000, against $86,400 across Duval County.
Is it cheaper to rent or buy in Freer?
Median gross rent in Freer is $733 a month, against $1,041 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Freer?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Freer, Texas at today's rate takes a household income of roughly $44,500 a year. That covers the full $1,041 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Freer, 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.