Total monthly cost of ownership
Cost to Own a Home in Maypearl, Texas
A $316,000 home here costs
$2,632per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,625. The real number is $1,007 higher every month — 62% 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.
Maypearl against Ellis County and Texas
| Measure | Maypearl | Ellis County |
|---|---|---|
| Median home value | $316,000 | $306,400 |
| Median property tax | $3,831 | $4,472 |
| Effective tax rate | 1.212% | 1.460% |
| Median gross rent | $1,398 | $1,449 |
| Population | 1,328 | 203,927 |
The weather behind that power bill
Maypearl sits in Ellis County, which averages a high of 95.3°F in its hottest month and a low of 33.9°F in its coldest, with 40.8" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,543 cooling and 2,431 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Ellis County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ellis County
Common questions
How much does it cost to own a home in Maypearl?
A $316,000 home in Maypearl, Texas costs approximately $2,632 per month with 20% down at 6.66%. That is $1,625 principal and interest, $319 property tax, $209 homeowners insurance, $216 utilities and $263 set aside for maintenance.
What is the property tax rate in Maypearl?
Maypearl has an effective property tax rate of 1.212%, based on a median home value of $316,000 and median real estate taxes of $3,831. That is lower than the Ellis County average of 1.460%.
What is the average home price in Maypearl?
The median owner-occupied home value in Maypearl, Texas is $316,000, against $306,400 across Ellis County.
Is it cheaper to rent or buy in Maypearl?
Median gross rent in Maypearl is $1,398 a month, against $2,632 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 Maypearl — 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.