Cost to Own
United StatesTexasParker CountyHudson Oaks Population 2,484 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Hudson Oaks, Texas

A $425,000 home here costs

$3,571

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

A standard mortgage calculator would have told you $2,185. The real number is $1,386 higher every month — 63% more than the payment most buyers budget for.

Hudson Oaks median: $424,600
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, $340,000 borrowed $2,185
Property tax1.510% effective rate for Hudson Oaks itself $535
Homeowners insuranceTexas averages $2,124/yr (NAIC), or 0.794% of home value $281
Electricity16.44¢/kWh — Texas residential average, EIA $148
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $354
Total monthly $3,571

Hudson Oaks against Parker County and Texas

MeasureHudson OaksParker County
Median home value$424,600$343,600
Median property tax$6,411$4,978
Effective tax rate1.510%1.449%
Median gross rent$1,330$1,440
Population2,484158,079

The weather behind that power bill

Hudson Oaks sits in Parker County, which averages a high of 94.7°F in its hottest month and a low of 31.8°F in its coldest, with 35.18" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,388 cooling and 2,637 heating degree days, which is what sets the $148 electricity line above.

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

Other cities in Parker County

Full Parker County cost breakdown · Every county in Texas

Common questions

How much does it cost to own a home in Hudson Oaks?

A $425,000 home in Hudson Oaks, Texas costs approximately $3,571 per month with 20% down at 6.66%. That is $2,185 principal and interest, $535 property tax, $281 homeowners insurance, $216 utilities and $354 set aside for maintenance.

What is the property tax rate in Hudson Oaks?

Hudson Oaks has an effective property tax rate of 1.510%, based on a median home value of $424,600 and median real estate taxes of $6,411. That is higher than the Parker County average of 1.449%.

What is the average home price in Hudson Oaks?

The median owner-occupied home value in Hudson Oaks, Texas is $424,600, against $343,600 across Parker County.

Is it cheaper to rent or buy in Hudson Oaks?

Median gross rent in Hudson Oaks is $1,330 a month, against $3,571 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 Hudson Oaks — 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