Total monthly cost of ownership
Cost to Own a Home in Marlin, Texas
A $50,000 home here costs
$662per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $257. The real number is $405 higher every month — 157% 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.
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 $148 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
Common questions
How much does it cost to own a home in Marlin?
A $50,000 home in Marlin, Texas costs approximately $662 per month with 20% down at 6.66%. That is $257 principal and interest, $114 property tax, $33 homeowners insurance, $216 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 $662 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
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.