Total monthly cost of ownership
Cost to Own a Home in Lamesa, Texas
A $86,000 home here costs
$907per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $442. The real number is $464 higher every month — 105% 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.
Lamesa against Dawson County and Texas
| Measure | Lamesa | Dawson County |
|---|---|---|
| Median home value | $85,800 | $90,800 |
| Median property tax | $1,438 | $1,567 |
| Effective tax rate | 1.676% | 1.726% |
| Median gross rent | $903 | $873 |
| Population | 8,527 | 12,311 |
The weather behind that power bill
Lamesa sits in Dawson County, which averages a high of 94.3°F in its hottest month and a low of 26.2°F in its coldest, with 16.84" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 1,814 cooling and 3,287 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Dawson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dawson County
No other places of this size are published in Dawson County.
Common questions
How much does it cost to own a home in Lamesa?
A $86,000 home in Lamesa, Texas costs approximately $907 per month with 20% down at 6.66%. That is $442 principal and interest, $120 property tax, $57 homeowners insurance, $216 utilities and $72 set aside for maintenance.
What is the property tax rate in Lamesa?
Lamesa has an effective property tax rate of 1.676%, based on a median home value of $85,800 and median real estate taxes of $1,438. That is lower than the Dawson County average of 1.726%.
What is the average home price in Lamesa?
The median owner-occupied home value in Lamesa, Texas is $85,800, against $90,800 across Dawson County.
Is it cheaper to rent or buy in Lamesa?
Median gross rent in Lamesa is $903 a month, against $907 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 Lamesa — 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.