Total monthly cost of ownership
Cost to Own a Home in Laguna Vista, Texas
A $268,000 home here costs
$2,428per 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 $1,461. The real number is $967 higher every month, 66% more than the payment most buyers budget for.
Compare Cameron County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Laguna Vista from a five-year rolling sample, and with about 3,605 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 Cameron 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.
Laguna Vista against Cameron County and Texas
| Measure | Laguna Vista | Cameron County |
|---|---|---|
| Median home value | $267,500 | $120,000 |
| Median property tax | $3,878 | $1,946 |
| Effective tax rate | 1.450% | 1.622% |
| Median gross rent | — | $899 |
| Population | 3,605 | 423,192 |
The weather behind that power bill
Laguna Vista sits in Cameron County, which averages a high of 93.4°F in its hottest month and a low of 51.9°F in its coldest, with 23.25" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 4,140 cooling and 527 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Cameron County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cameron County
Talk to someone who works this market
These are Laguna Vista 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 Laguna Vista every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Laguna Vista I already own here and may sell
Common questions
How much does it cost to own a home in Laguna Vista?
A $268,000 home in Laguna Vista, Texas costs approximately $2,428 per month with 20% down at 7.24%. That is $1,461 principal and interest, $324 property tax, $177 homeowners insurance, $242 utilities and $223 set aside for maintenance.
What is the property tax rate in Laguna Vista?
Laguna Vista has an effective property tax rate of 1.450%, based on a median home value of $267,500 and median real estate taxes of $3,878. That is lower than the Cameron County average of 1.622%.
What is the average home price in Laguna Vista?
The median owner-occupied home value in Laguna Vista, Texas is $267,500, against $120,000 across Cameron County.
Is it cheaper to rent or buy in Laguna Vista?
Rent data is not published for Laguna Vista at this level of detail.
What salary do you need to buy a home in Laguna Vista?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Laguna Vista, Texas at today's rate takes a household income of roughly $104,000 a year. That covers the full $2,428 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Laguna Vista, 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.