Total monthly cost of ownership
Cost to Own a Home in Kerens, Texas
A $126,000 home here costs
$1,220per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $648. The real number is $572 higher every month — 88% 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.
Kerens against Navarro County and Texas
| Measure | Kerens | Navarro County |
|---|---|---|
| Median home value | $126,400 | $159,900 |
| Median property tax | $2,022 | $2,119 |
| Effective tax rate | 1.600% | 1.325% |
| Median gross rent | $807 | $1,039 |
| Population | 1,898 | 53,735 |
The weather behind that power bill
Kerens sits in Navarro County, which averages a high of 96.0°F in its hottest month and a low of 37.5°F in its coldest, with 39.33" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,772 cooling and 2,021 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Navarro County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Navarro County
Common questions
How much does it cost to own a home in Kerens?
A $126,000 home in Kerens, Texas costs approximately $1,220 per month with 20% down at 6.66%. That is $648 principal and interest, $168 property tax, $83 homeowners insurance, $216 utilities and $105 set aside for maintenance.
What is the property tax rate in Kerens?
Kerens has an effective property tax rate of 1.600%, based on a median home value of $126,400 and median real estate taxes of $2,022. That is higher than the Navarro County average of 1.325%.
What is the average home price in Kerens?
The median owner-occupied home value in Kerens, Texas is $126,400, against $159,900 across Navarro County.
Is it cheaper to rent or buy in Kerens?
Median gross rent in Kerens is $807 a month, against $1,220 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 Kerens — 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.