Cost to Own
United StatesTexasVan Zandt CountyGrand Saline Population 3,166 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Grand Saline, Texas

A $116,000 home here costs

$1,138

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

A standard mortgage calculator would have told you $596. The real number is $542 higher every month — 91% more than the payment most buyers budget for.

Grand Saline median: $116,200
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, $92,800 borrowed $596
Property tax1.576% effective rate for Grand Saline itself $152
Homeowners insuranceTexas averages $2,124/yr (NAIC), or 0.794% of home value $77
Electricity16.44¢/kWh — Texas residential average, EIA $148
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $97
Total monthly $1,138

Grand Saline against Van Zandt County and Texas

MeasureGrand SalineVan Zandt County
Median home value$116,200$199,500
Median property tax$1,831$2,204
Effective tax rate1.576%1.105%
Median gross rent$927$1,010
Population3,16661,323

The weather behind that power bill

Grand Saline sits in Van Zandt County, which averages a high of 96.3°F in its hottest month and a low of 35.7°F in its coldest, with 38.42" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,738 cooling and 2,211 heating degree days, which is what sets the $148 electricity line above.

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

Other cities in Van Zandt County

Full Van Zandt County cost breakdown · Every county in Texas

Common questions

How much does it cost to own a home in Grand Saline?

A $116,000 home in Grand Saline, Texas costs approximately $1,138 per month with 20% down at 6.66%. That is $596 principal and interest, $152 property tax, $77 homeowners insurance, $216 utilities and $97 set aside for maintenance.

What is the property tax rate in Grand Saline?

Grand Saline has an effective property tax rate of 1.576%, based on a median home value of $116,200 and median real estate taxes of $1,831. That is higher than the Van Zandt County average of 1.105%.

What is the average home price in Grand Saline?

The median owner-occupied home value in Grand Saline, Texas is $116,200, against $199,500 across Van Zandt County.

Is it cheaper to rent or buy in Grand Saline?

Median gross rent in Grand Saline is $927 a month, against $1,138 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 Grand Saline — 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