Total monthly cost of ownership
Cost to Own a Home in Marion, Texas
A $149,000 home here costs
$1,325per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $766. The real number is $558 higher every month — 73% 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.
Marion against Guadalupe County and Texas
| Measure | Marion | Guadalupe County |
|---|---|---|
| Median home value | $148,900 | $285,900 |
| Median property tax | $1,438 | $4,270 |
| Effective tax rate | 0.966% | 1.494% |
| Median gross rent | $1,210 | $1,439 |
| Population | 1,088 | 178,368 |
The weather behind that power bill
Marion sits in Guadalupe County, which averages a high of 97.5°F in its hottest month and a low of 40.3°F in its coldest, with 31.27" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 3,144 cooling and 1,446 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Guadalupe County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Guadalupe County
Full Guadalupe County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Marion?
A $149,000 home in Marion, Texas costs approximately $1,325 per month with 20% down at 6.66%. That is $766 principal and interest, $120 property tax, $99 homeowners insurance, $216 utilities and $124 set aside for maintenance.
What is the property tax rate in Marion?
Marion has an effective property tax rate of 0.966%, based on a median home value of $148,900 and median real estate taxes of $1,438. That is lower than the Guadalupe County average of 1.494%.
What is the average home price in Marion?
The median owner-occupied home value in Marion, Texas is $148,900, against $285,900 across Guadalupe County.
Is it cheaper to rent or buy in Marion?
Median gross rent in Marion is $1,210 a month, against $1,325 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 Marion — 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.