Total monthly cost of ownership
Cost to Own a Home in Kerrville, Texas
A $273,000 home here costs
$2,429per 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 $104,000 a year.
A standard mortgage calculator would have told you $1,488. The real number is $941 higher every month, 63% more than the payment most buyers budget for.
Compare Kerr County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Kerrville against Kerr County and Texas
| Measure | Kerrville | Kerr County |
|---|---|---|
| Median home value | $272,700 | $285,100 |
| Median property tax | $3,477 | $3,115 |
| Effective tax rate | 1.275% | 1.093% |
| Median gross rent | $1,075 | $1,079 |
| Population | 24,532 | 53,166 |
The weather behind that power bill
Kerrville sits in Kerr County, which averages a high of 95.5°F in its hottest month and a low of 35.2°F in its coldest, with 36.27" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 2,516 cooling and 1,909 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Kerr County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kerr County
Talk to someone who works this market
These are Kerrville 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 Kerrville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Kerrville I already own here and may sell
Common questions
How much does it cost to own a home in Kerrville?
A $273,000 home in Kerrville, Texas costs approximately $2,429 per month with 20% down at 7.24%. That is $1,488 principal and interest, $290 property tax, $181 homeowners insurance, $242 utilities and $228 set aside for maintenance.
What is the property tax rate in Kerrville?
Kerrville has an effective property tax rate of 1.275%, based on a median home value of $272,700 and median real estate taxes of $3,477. That is higher than the Kerr County average of 1.093%.
What is the average home price in Kerrville?
The median owner-occupied home value in Kerrville, Texas is $272,700, against $285,100 across Kerr County.
Is it cheaper to rent or buy in Kerrville?
Median gross rent in Kerrville is $1,075 a month, against $2,429 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 Kerrville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Kerrville, Texas at today's rate takes a household income of roughly $104,000 a year. That covers the full $2,429 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Kerrville, 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.