Total monthly cost of ownership
Cost to Own a Home in Kerrville, Texas
A $273,000 home here costs
$2,317per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,403. The real number is $914 higher every month — 65% 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.
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 $148 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
Common questions
How much does it cost to own a home in Kerrville?
A $273,000 home in Kerrville, Texas costs approximately $2,317 per month with 20% down at 6.66%. That is $1,403 principal and interest, $290 property tax, $181 homeowners insurance, $216 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 $2,317 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 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.