Total monthly cost of ownership
Cost to Own a Home in Keene, Texas
A $220,000 home here costs
$1,904per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,131. The real number is $773 higher every month — 68% 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.
Keene against Johnson County and Texas
| Measure | Keene | Johnson County |
|---|---|---|
| Median home value | $219,900 | $254,600 |
| Median property tax | $2,741 | $3,259 |
| Effective tax rate | 1.246% | 1.280% |
| Median gross rent | $950 | $1,343 |
| Population | 6,574 | 188,820 |
The weather behind that power bill
Keene sits in Johnson County, which averages a high of 95.3°F in its hottest month and a low of 33.3°F in its coldest, with 37.69" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,484 cooling and 2,442 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Johnson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Johnson County
Common questions
How much does it cost to own a home in Keene?
A $220,000 home in Keene, Texas costs approximately $1,904 per month with 20% down at 6.66%. That is $1,131 principal and interest, $228 property tax, $146 homeowners insurance, $216 utilities and $183 set aside for maintenance.
What is the property tax rate in Keene?
Keene has an effective property tax rate of 1.246%, based on a median home value of $219,900 and median real estate taxes of $2,741. That is lower than the Johnson County average of 1.280%.
What is the average home price in Keene?
The median owner-occupied home value in Keene, Texas is $219,900, against $254,600 across Johnson County.
Is it cheaper to rent or buy in Keene?
Median gross rent in Keene is $950 a month, against $1,904 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 Keene — 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.