Total monthly cost of ownership
Cost to Own a Home in Premont, Texas
A $81,000 home here costs
$841per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $416. The real number is $425 higher every month — 102% 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.
Premont against Jim Wells County and Texas
| Measure | Premont | Jim Wells County |
|---|---|---|
| Median home value | $80,700 | $104,800 |
| Median property tax | $1,048 | $1,311 |
| Effective tax rate | 1.299% | 1.251% |
| Median gross rent | $733 | $885 |
| Population | 2,424 | 38,863 |
The weather behind that power bill
Premont sits in Jim Wells County, which averages a high of 97.4°F in its hottest month and a low of 47.0°F in its coldest, with 27.06" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 4,071 cooling and 769 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Jim Wells County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jim Wells County
Full Jim Wells County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Premont?
A $81,000 home in Premont, Texas costs approximately $841 per month with 20% down at 6.66%. That is $416 principal and interest, $88 property tax, $54 homeowners insurance, $216 utilities and $68 set aside for maintenance.
What is the property tax rate in Premont?
Premont has an effective property tax rate of 1.299%, based on a median home value of $80,700 and median real estate taxes of $1,048. That is higher than the Jim Wells County average of 1.251%.
What is the average home price in Premont?
The median owner-occupied home value in Premont, Texas is $80,700, against $104,800 across Jim Wells County.
Is it cheaper to rent or buy in Premont?
Median gross rent in Premont is $733 a month, against $841 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 Premont — 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.