Total monthly cost of ownership
Cost to Own a Home in Ranger, Texas
A $50,000 home here costs
$624per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $257. The real number is $367 higher every month — 143% 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.
Ranger against Eastland County and Texas
| Measure | Ranger | Eastland County |
|---|---|---|
| Median home value | $49,700 | $121,700 |
| Median property tax | $912 | $1,451 |
| Effective tax rate | 1.835% | 1.192% |
| Median gross rent | $836 | $803 |
| Population | 2,541 | 17,846 |
The weather behind that power bill
Ranger sits in Eastland County, which averages a high of 96.0°F in its hottest month and a low of 30.4°F in its coldest, with 29.17" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,270 cooling and 2,693 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Eastland County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Eastland County
Common questions
How much does it cost to own a home in Ranger?
A $50,000 home in Ranger, Texas costs approximately $624 per month with 20% down at 6.66%. That is $257 principal and interest, $76 property tax, $33 homeowners insurance, $216 utilities and $42 set aside for maintenance.
What is the property tax rate in Ranger?
Ranger has an effective property tax rate of 1.835%, based on a median home value of $49,700 and median real estate taxes of $912. That is higher than the Eastland County average of 1.192%.
What is the average home price in Ranger?
The median owner-occupied home value in Ranger, Texas is $49,700, against $121,700 across Eastland County.
Is it cheaper to rent or buy in Ranger?
Median gross rent in Ranger is $836 a month, against $624 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ranger — 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.