Total monthly cost of ownership
Cost to Own a Home in Mount Pleasant, Texas
A $161,000 home here costs
$1,533per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $65,500 a year.
A standard mortgage calculator would have told you $878. The real number is $655 higher every month, 75% more than the payment most buyers budget for.
Compare Titus County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Mount Pleasant against Titus County and Texas
| Measure | Mount Pleasant | Titus County |
|---|---|---|
| Median home value | $160,500 | $157,900 |
| Median property tax | $2,057 | $1,897 |
| Effective tax rate | 1.282% | 1.201% |
| Median gross rent | $798 | $817 |
| Population | 16,061 | 31,284 |
The weather behind that power bill
Mount Pleasant sits in Titus County, which averages a high of 94.1°F in its hottest month and a low of 32.0°F in its coldest, with 48.57" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,237 cooling and 2,702 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Titus County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Titus County
No other places of this size are published in Titus County.
Talk to someone who works this market
These are Mount Pleasant averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Mount Pleasant every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Mount Pleasant I already own here and may sell
Common questions
How much does it cost to own a home in Mount Pleasant?
A $161,000 home in Mount Pleasant, Texas costs approximately $1,533 per month with 20% down at 7.24%. That is $878 principal and interest, $172 property tax, $107 homeowners insurance, $242 utilities and $134 set aside for maintenance.
What is the property tax rate in Mount Pleasant?
Mount Pleasant has an effective property tax rate of 1.282%, based on a median home value of $160,500 and median real estate taxes of $2,057. That is higher than the Titus County average of 1.201%.
What is the average home price in Mount Pleasant?
The median owner-occupied home value in Mount Pleasant, Texas is $160,500, against $157,900 across Titus County.
Is it cheaper to rent or buy in Mount Pleasant?
Median gross rent in Mount Pleasant is $798 a month, against $1,533 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Mount Pleasant?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Mount Pleasant, Texas at today's rate takes a household income of roughly $65,500 a year. That covers the full $1,533 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Mount Pleasant, 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.