Total monthly cost of ownership
Cost to Own a Home in Lumberton, Texas
A $272,000 home here costs
$2,289per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,398. The real number is $891 higher every month — 64% 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.
Lumberton against Hardin County and Texas
| Measure | Lumberton | Hardin County |
|---|---|---|
| Median home value | $271,500 | $188,200 |
| Median property tax | $3,211 | $2,174 |
| Effective tax rate | 1.183% | 1.155% |
| Median gross rent | $982 | $1,011 |
| Population | 13,803 | 57,126 |
The weather behind that power bill
Lumberton sits in Hardin County, which averages a high of 93.4°F in its hottest month and a low of 39.4°F in its coldest, with 63.23" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,722 cooling and 1,646 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Hardin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hardin County
Common questions
How much does it cost to own a home in Lumberton?
A $272,000 home in Lumberton, Texas costs approximately $2,289 per month with 20% down at 6.66%. That is $1,398 principal and interest, $268 property tax, $180 homeowners insurance, $216 utilities and $227 set aside for maintenance.
What is the property tax rate in Lumberton?
Lumberton has an effective property tax rate of 1.183%, based on a median home value of $271,500 and median real estate taxes of $3,211. That is higher than the Hardin County average of 1.155%.
What is the average home price in Lumberton?
The median owner-occupied home value in Lumberton, Texas is $271,500, against $188,200 across Hardin County.
Is it cheaper to rent or buy in Lumberton?
Median gross rent in Lumberton is $982 a month, against $2,289 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 Lumberton — 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.