Total monthly cost of ownership
Cost to Own a Home in Glen Rose, Texas
A $254,000 home here costs
$2,221per 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 $95,000 a year.
A standard mortgage calculator would have told you $1,385. The real number is $836 higher every month, 60% more than the payment most buyers budget for.
Compare Somervell County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Glen Rose from a five-year rolling sample, and with about 2,770 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 Somervell 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.
Glen Rose against Somervell County and Texas
| Measure | Glen Rose | Somervell County |
|---|---|---|
| Median home value | $254,100 | $253,600 |
| Median property tax | $2,568 | $2,452 |
| Effective tax rate | 1.011% | 0.967% |
| Median gross rent | $946 | $927 |
| Population | 2,770 | 9,510 |
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 $174 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
Talk to someone who works this market
These are Glen Rose 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 Glen Rose every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Glen Rose I already own here and may sell
Common questions
How much does it cost to own a home in Glen Rose?
A $254,000 home in Glen Rose, Texas costs approximately $2,221 per month with 20% down at 7.24%. That is $1,385 principal and interest, $214 property tax, $168 homeowners insurance, $242 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 $2,221 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 Glen Rose?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Glen Rose, Texas at today's rate takes a household income of roughly $95,000 a year. That covers the full $2,221 monthly cost, not just the mortgage payment.
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.