Total monthly cost of ownership
Cost to Own a Home in La Villa, Texas
A $116,000 home here costs
$1,122per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $596. The real number is $526 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.
La Villa against Hidalgo County and Texas
| Measure | La Villa | Hidalgo County |
|---|---|---|
| Median home value | $115,700 | $124,000 |
| Median property tax | $1,636 | $2,187 |
| Effective tax rate | 1.414% | 1.764% |
| Median gross rent | $981 | $925 |
| Population | 2,931 | 880,921 |
The weather behind that power bill
La Villa sits in Hidalgo County, which averages a high of 98.2°F in its hottest month and a low of 48.7°F in its coldest, with 23.63" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 4,269 cooling and 644 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Hidalgo County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hidalgo County
Common questions
How much does it cost to own a home in La Villa?
A $116,000 home in La Villa, Texas costs approximately $1,122 per month with 20% down at 6.66%. That is $596 principal and interest, $137 property tax, $77 homeowners insurance, $216 utilities and $97 set aside for maintenance.
What is the property tax rate in La Villa?
La Villa has an effective property tax rate of 1.414%, based on a median home value of $115,700 and median real estate taxes of $1,636. That is lower than the Hidalgo County average of 1.764%.
What is the average home price in La Villa?
The median owner-occupied home value in La Villa, Texas is $115,700, against $124,000 across Hidalgo County.
Is it cheaper to rent or buy in La Villa?
Median gross rent in La Villa is $981 a month, against $1,122 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 La Villa — 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.