Cost to Own
United StatesTexasSomervell CountyGlen Rose Population 2,770 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Glen Rose, Texas

A $254,000 home here costs

$2,115

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,306. The real number is $810 higher every month — 62% more than the payment most buyers budget for.

Glen Rose median: $254,100
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $203,200 borrowed $1,306
Property tax1.011% effective rate for Glen Rose itself $214
Homeowners insuranceTexas averages $2,124/yr (NAIC), or 0.794% of home value $168
Electricity16.44¢/kWh — Texas residential average, EIA $148
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $212
Total monthly $2,115

Glen Rose against Somervell County and Texas

MeasureGlen RoseSomervell County
Median home value$254,100$253,600
Median property tax$2,568$2,452
Effective tax rate1.011%0.967%
Median gross rent$946$927
Population2,7709,510

The weather behind that power bill

Glen Rose sits in Somervell County, which averages a high of 96.2°F in its hottest month and a low of 31.2°F in its coldest, with 34.25" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,513 cooling and 2,575 heating degree days, which is what sets the $148 electricity line above.

See the full climate breakdown for Somervell County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Somervell County

No other places of this size are published in Somervell County.

Full Somervell County cost breakdown · Every county in Texas

Common questions

How much does it cost to own a home in Glen Rose?

A $254,000 home in Glen Rose, Texas costs approximately $2,115 per month with 20% down at 6.66%. That is $1,306 principal and interest, $214 property tax, $168 homeowners insurance, $216 utilities and $212 set aside for maintenance.

What is the property tax rate in Glen Rose?

Glen Rose has an effective property tax rate of 1.011%, based on a median home value of $254,100 and median real estate taxes of $2,568. That is higher than the Somervell County average of 0.967%.

What is the average home price in Glen Rose?

The median owner-occupied home value in Glen Rose, Texas is $254,100, against $253,600 across Somervell County.

Is it cheaper to rent or buy in Glen Rose?

Median gross rent in Glen Rose is $946 a month, against $2,115 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 Glen Rose — 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.

Full methodology