Total monthly cost of ownership
Cost to Own a Home in Hallsville, Texas
A $195,000 home here costs
$1,847per 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 $79,000 a year.
A standard mortgage calculator would have told you $1,063. The real number is $784 higher every month, 74% more than the payment most buyers budget for.
Compare Harrison County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Hallsville from a five-year rolling sample, and with about 4,496 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 Harrison 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.
Hallsville against Harrison County and Texas
| Measure | Hallsville | Harrison County |
|---|---|---|
| Median home value | $194,600 | $178,200 |
| Median property tax | $2,994 | $1,811 |
| Effective tax rate | 1.539% | 1.016% |
| Median gross rent | $1,220 | $977 |
| Population | 4,496 | 69,584 |
The weather behind that power bill
Hallsville sits in Harrison County, which averages a high of 94.2°F in its hottest month and a low of 33.1°F in its coldest, with 51.34" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,281 cooling and 2,498 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Harrison County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Harrison County
Talk to someone who works this market
These are Hallsville 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 Hallsville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Hallsville I already own here and may sell
Common questions
How much does it cost to own a home in Hallsville?
A $195,000 home in Hallsville, Texas costs approximately $1,847 per month with 20% down at 7.24%. That is $1,063 principal and interest, $250 property tax, $129 homeowners insurance, $242 utilities and $163 set aside for maintenance.
What is the property tax rate in Hallsville?
Hallsville has an effective property tax rate of 1.539%, based on a median home value of $194,600 and median real estate taxes of $2,994. That is higher than the Harrison County average of 1.016%.
What is the average home price in Hallsville?
The median owner-occupied home value in Hallsville, Texas is $194,600, against $178,200 across Harrison County.
Is it cheaper to rent or buy in Hallsville?
Median gross rent in Hallsville is $1,220 a month, against $1,847 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 Hallsville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Hallsville, Texas at today's rate takes a household income of roughly $79,000 a year. That covers the full $1,847 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hallsville, 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.