Total monthly cost of ownership
Cost to Own a Home in Giddings, Texas
A $193,000 home here costs
$1,689per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $992. The real number is $697 higher every month — 70% 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.
Giddings against Lee County and Texas
| Measure | Giddings | Lee County |
|---|---|---|
| Median home value | $192,800 | $247,500 |
| Median property tax | $2,307 | $2,399 |
| Effective tax rate | 1.197% | 0.969% |
| Median gross rent | $1,139 | $1,050 |
| Population | 5,085 | 17,758 |
The weather behind that power bill
Giddings sits in Lee County, which averages a high of 96.0°F in its hottest month and a low of 38.6°F in its coldest, with 37.72" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,922 cooling and 1,774 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Lee County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lee County
Common questions
How much does it cost to own a home in Giddings?
A $193,000 home in Giddings, Texas costs approximately $1,689 per month with 20% down at 6.66%. That is $992 principal and interest, $193 property tax, $128 homeowners insurance, $216 utilities and $161 set aside for maintenance.
What is the property tax rate in Giddings?
Giddings has an effective property tax rate of 1.197%, based on a median home value of $192,800 and median real estate taxes of $2,307. That is higher than the Lee County average of 0.969%.
What is the average home price in Giddings?
The median owner-occupied home value in Giddings, Texas is $192,800, against $247,500 across Lee County.
Is it cheaper to rent or buy in Giddings?
Median gross rent in Giddings is $1,139 a month, against $1,689 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 Giddings — 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.