Total monthly cost of ownership
Cost to Own a Home in Lowry Crossing, Texas
A $371,000 home here costs
$3,106per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,907. The real number is $1,199 higher every month — 63% 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.
Lowry Crossing against Collin County and Texas
| Measure | Lowry Crossing | Collin County |
|---|---|---|
| Median home value | $371,400 | $447,600 |
| Median property tax | $5,144 | $7,432 |
| Effective tax rate | 1.385% | 1.660% |
| Median gross rent | $1,167 | $1,792 |
| Population | 1,842 | 1,116,601 |
The weather behind that power bill
Lowry Crossing sits in Collin County, which averages a high of 95.5°F in its hottest month and a low of 33.9°F in its coldest, with 38.3" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,531 cooling and 2,497 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Collin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Collin County
Common questions
How much does it cost to own a home in Lowry Crossing?
A $371,000 home in Lowry Crossing, Texas costs approximately $3,106 per month with 20% down at 6.66%. That is $1,907 principal and interest, $428 property tax, $245 homeowners insurance, $216 utilities and $309 set aside for maintenance.
What is the property tax rate in Lowry Crossing?
Lowry Crossing has an effective property tax rate of 1.385%, based on a median home value of $371,400 and median real estate taxes of $5,144. That is lower than the Collin County average of 1.660%.
What is the average home price in Lowry Crossing?
The median owner-occupied home value in Lowry Crossing, Texas is $371,400, against $447,600 across Collin County.
Is it cheaper to rent or buy in Lowry Crossing?
Median gross rent in Lowry Crossing is $1,167 a month, against $3,106 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 Lowry Crossing — 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.