Total monthly cost of ownership
Cost to Own a Home in Martindale, Texas
A $289,000 home here costs
$2,580per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,486. The real number is $1,094 higher every month — 74% 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.
Martindale against Caldwell County and Texas
| Measure | Martindale | Caldwell County |
|---|---|---|
| Median home value | $289,000 | $215,600 |
| Median property tax | $5,359 | $2,871 |
| Effective tax rate | 1.854% | 1.332% |
| Median gross rent | $964 | $1,145 |
| Population | 1,090 | 47,184 |
The weather behind that power bill
Martindale sits in Caldwell County, which averages a high of 98.2°F in its hottest month and a low of 39.6°F in its coldest, with 35.39" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 3,192 cooling and 1,547 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Caldwell County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Caldwell County
Common questions
How much does it cost to own a home in Martindale?
A $289,000 home in Martindale, Texas costs approximately $2,580 per month with 20% down at 6.66%. That is $1,486 principal and interest, $447 property tax, $191 homeowners insurance, $216 utilities and $241 set aside for maintenance.
What is the property tax rate in Martindale?
Martindale has an effective property tax rate of 1.854%, based on a median home value of $289,000 and median real estate taxes of $5,359. That is higher than the Caldwell County average of 1.332%.
What is the average home price in Martindale?
The median owner-occupied home value in Martindale, Texas is $289,000, against $215,600 across Caldwell County.
Is it cheaper to rent or buy in Martindale?
Median gross rent in Martindale is $964 a month, against $2,580 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 Martindale — 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.