Total monthly cost of ownership
Cost to Own a Home in Kempner, Texas
A $197,000 home here costs
$1,836per 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 $78,500 a year.
A standard mortgage calculator would have told you $1,074. The real number is $762 higher every month, 71% more than the payment most buyers budget for.
Compare Lampasas County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Kempner from a five-year rolling sample, and with about 1,242 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 Lampasas 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.
Kempner against Lampasas County and Texas
| Measure | Kempner | Lampasas County |
|---|---|---|
| Median home value | $196,900 | $236,000 |
| Median property tax | $2,705 | $2,993 |
| Effective tax rate | 1.374% | 1.268% |
| Median gross rent | $1,067 | $961 |
| Population | 1,242 | 22,267 |
The weather behind that power bill
Kempner sits in Lampasas County, which averages a high of 96.7°F in its hottest month and a low of 33.7°F in its coldest, with 32.17" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 2,622 cooling and 2,212 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Lampasas County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lampasas County
Talk to someone who works this market
These are Kempner 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 Kempner every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Kempner?
A $197,000 home in Kempner, Texas costs approximately $1,836 per month with 20% down at 7.24%. That is $1,074 principal and interest, $226 property tax, $130 homeowners insurance, $242 utilities and $164 set aside for maintenance.
What is the property tax rate in Kempner?
Kempner has an effective property tax rate of 1.374%, based on a median home value of $196,900 and median real estate taxes of $2,705. That is higher than the Lampasas County average of 1.268%.
What is the average home price in Kempner?
The median owner-occupied home value in Kempner, Texas is $196,900, against $236,000 across Lampasas County.
Is it cheaper to rent or buy in Kempner?
Median gross rent in Kempner is $1,067 a month, against $1,836 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 Kempner?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Kempner, Texas at today's rate takes a household income of roughly $78,500 a year. That covers the full $1,836 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Kempner, 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.