Total monthly cost of ownership
Cost to Own a Home in Mason, Texas
A $155,000 home here costs
$1,372per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $797. The real number is $575 higher every month — 72% 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.
Mason against Mason County and Texas
| Measure | Mason | Mason County |
|---|---|---|
| Median home value | $154,900 | $274,600 |
| Median property tax | $1,527 | $2,239 |
| Effective tax rate | 0.986% | 0.815% |
| Median gross rent | $751 | $751 |
| Population | 1,993 | 3,951 |
The weather behind that power bill
Mason sits in Mason County, which averages a high of 95.8°F in its hottest month and a low of 33.6°F in its coldest, with 28.9" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,517 cooling and 2,115 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Mason County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mason County
No other places of this size are published in Mason County.
Common questions
How much does it cost to own a home in Mason?
A $155,000 home in Mason, Texas costs approximately $1,372 per month with 20% down at 6.66%. That is $797 principal and interest, $127 property tax, $103 homeowners insurance, $216 utilities and $129 set aside for maintenance.
What is the property tax rate in Mason?
Mason has an effective property tax rate of 0.986%, based on a median home value of $154,900 and median real estate taxes of $1,527. That is higher than the Mason County average of 0.815%.
What is the average home price in Mason?
The median owner-occupied home value in Mason, Texas is $154,900, against $274,600 across Mason County.
Is it cheaper to rent or buy in Mason?
Median gross rent in Mason is $751 a month, against $1,372 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 Mason — 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.