Total monthly cost of ownership
Cost to Own a Home in Plains, Texas
A $113,000 home here costs
$1,020per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $581. The real number is $440 higher every month — 76% 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.
Plains against Yoakum County and Texas
| Measure | Plains | Yoakum County |
|---|---|---|
| Median home value | $112,500 | $183,000 |
| Median property tax | $655 | $1,795 |
| Effective tax rate | 0.582% | 0.981% |
| Median gross rent | $858 | $931 |
| Population | 1,190 | 7,589 |
The weather behind that power bill
Plains sits in Yoakum County, which averages a high of 92.5°F in its hottest month and a low of 24.5°F in its coldest, with 16.19" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,603 cooling and 3,575 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Yoakum County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Yoakum County
No other places of this size are published in Yoakum County.
Common questions
How much does it cost to own a home in Plains?
A $113,000 home in Plains, Texas costs approximately $1,020 per month with 20% down at 6.66%. That is $581 principal and interest, $55 property tax, $75 homeowners insurance, $216 utilities and $94 set aside for maintenance.
What is the property tax rate in Plains?
Plains has an effective property tax rate of 0.582%, based on a median home value of $112,500 and median real estate taxes of $655. That is lower than the Yoakum County average of 0.981%.
What is the average home price in Plains?
The median owner-occupied home value in Plains, Texas is $112,500, against $183,000 across Yoakum County.
Is it cheaper to rent or buy in Plains?
Median gross rent in Plains is $858 a month, against $1,020 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 Plains — 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.