Total monthly cost of ownership
Cost to Own a Home in Marlin, Texas
A $50,000 home here costs
$704per 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 $30,000 a year.
A standard mortgage calculator would have told you $273. The real number is $431 higher every month, 158% more than the payment most buyers budget for.
Compare Falls County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Marlin against Falls County and Texas
| Measure | Marlin | Falls County |
|---|---|---|
| Median home value | $49,800 | $97,300 |
| Median property tax | $1,363 | $1,429 |
| Effective tax rate | 2.737% | 1.469% |
| Median gross rent | $739 | $747 |
| Population | 5,500 | 17,063 |
The weather behind that power bill
Marlin sits in Falls County, which averages a high of 95.5°F in its hottest month and a low of 33.5°F in its coldest, with 39.1" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,429 cooling and 2,295 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Falls County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Falls County
Talk to someone who works this market
These are Marlin 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 Marlin every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Marlin I already own here and may sell
Common questions
How much does it cost to own a home in Marlin?
A $50,000 home in Marlin, Texas costs approximately $704 per month with 20% down at 7.24%. That is $273 principal and interest, $114 property tax, $33 homeowners insurance, $242 utilities and $42 set aside for maintenance.
What is the property tax rate in Marlin?
Marlin has an effective property tax rate of 2.737%, based on a median home value of $49,800 and median real estate taxes of $1,363. That is higher than the Falls County average of 1.469%.
What is the average home price in Marlin?
The median owner-occupied home value in Marlin, Texas is $49,800, against $97,300 across Falls County.
Is it cheaper to rent or buy in Marlin?
Median gross rent in Marlin is $739 a month, against $704 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Marlin?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Marlin, Texas at today's rate takes a household income of roughly $30,000 a year. That covers the full $704 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Marlin, 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.