Total monthly cost of ownership
Cost to Own a Home in Pottsboro, Texas
A $246,000 home here costs
$2,206per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,265. The real number is $941 higher every month — 74% 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.
Pottsboro against Grayson County and Texas
| Measure | Pottsboro | Grayson County |
|---|---|---|
| Median home value | $246,300 | $228,300 |
| Median property tax | $4,292 | $2,953 |
| Effective tax rate | 1.743% | 1.293% |
| Median gross rent | $1,233 | $1,178 |
| Population | 2,624 | 139,988 |
The weather behind that power bill
Pottsboro sits in Grayson County, which averages a high of 92.7°F in its hottest month and a low of 33.9°F in its coldest, with 44.29" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,261 cooling and 2,727 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Grayson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grayson County
Common questions
How much does it cost to own a home in Pottsboro?
A $246,000 home in Pottsboro, Texas costs approximately $2,206 per month with 20% down at 6.66%. That is $1,265 principal and interest, $357 property tax, $163 homeowners insurance, $216 utilities and $205 set aside for maintenance.
What is the property tax rate in Pottsboro?
Pottsboro has an effective property tax rate of 1.743%, based on a median home value of $246,300 and median real estate taxes of $4,292. That is higher than the Grayson County average of 1.293%.
What is the average home price in Pottsboro?
The median owner-occupied home value in Pottsboro, Texas is $246,300, against $228,300 across Grayson County.
Is it cheaper to rent or buy in Pottsboro?
Median gross rent in Pottsboro is $1,233 a month, against $2,206 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 Pottsboro — 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.