Total monthly cost of ownership
Cost to Own a Home in Henrietta, Texas
A $131,000 home here costs
$1,270per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $673. The real number is $596 higher every month — 89% 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.
Henrietta against Clay County and Texas
| Measure | Henrietta | Clay County |
|---|---|---|
| Median home value | $131,100 | $161,300 |
| Median property tax | $2,219 | $2,194 |
| Effective tax rate | 1.693% | 1.360% |
| Median gross rent | $684 | $825 |
| Population | 3,143 | 10,402 |
The weather behind that power bill
Henrietta sits in Clay County, which averages a high of 96.5°F in its hottest month and a low of 28.9°F in its coldest, with 32.03" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,290 cooling and 2,998 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Clay County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clay County
No other places of this size are published in Clay County.
Common questions
How much does it cost to own a home in Henrietta?
A $131,000 home in Henrietta, Texas costs approximately $1,270 per month with 20% down at 6.66%. That is $673 principal and interest, $185 property tax, $87 homeowners insurance, $216 utilities and $109 set aside for maintenance.
What is the property tax rate in Henrietta?
Henrietta has an effective property tax rate of 1.693%, based on a median home value of $131,100 and median real estate taxes of $2,219. That is higher than the Clay County average of 1.360%.
What is the average home price in Henrietta?
The median owner-occupied home value in Henrietta, Texas is $131,100, against $161,300 across Clay County.
Is it cheaper to rent or buy in Henrietta?
Median gross rent in Henrietta is $684 a month, against $1,270 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 Henrietta — 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.