Total monthly cost of ownership
Cost to Own a Home in Mexia, Texas
A $93,000 home here costs
$962per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $478. The real number is $484 higher every month — 101% 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.
Mexia against Limestone County and Texas
| Measure | Mexia | Limestone County |
|---|---|---|
| Median home value | $92,900 | $154,400 |
| Median property tax | $1,548 | $1,833 |
| Effective tax rate | 1.666% | 1.187% |
| Median gross rent | $786 | $835 |
| Population | 6,867 | 22,185 |
The weather behind that power bill
Mexia sits in Limestone County, which averages a high of 96.0°F in its hottest month and a low of 37.5°F in its coldest, with 39.33" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,772 cooling and 2,021 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Limestone County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Limestone County
Full Limestone County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Mexia?
A $93,000 home in Mexia, Texas costs approximately $962 per month with 20% down at 6.66%. That is $478 principal and interest, $129 property tax, $62 homeowners insurance, $216 utilities and $78 set aside for maintenance.
What is the property tax rate in Mexia?
Mexia has an effective property tax rate of 1.666%, based on a median home value of $92,900 and median real estate taxes of $1,548. That is higher than the Limestone County average of 1.187%.
What is the average home price in Mexia?
The median owner-occupied home value in Mexia, Texas is $92,900, against $154,400 across Limestone County.
Is it cheaper to rent or buy in Mexia?
Median gross rent in Mexia is $786 a month, against $962 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 Mexia — 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.