Total monthly cost of ownership
Cost to Own a Home in Raymondville, Texas
A $48,000 home here costs
$629per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $247. The real number is $383 higher every month — 155% 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.
Raymondville against Willacy County and Texas
| Measure | Raymondville | Willacy County |
|---|---|---|
| Median home value | $48,200 | $60,800 |
| Median property tax | $1,146 | $1,164 |
| Effective tax rate | 2.378% | 1.914% |
| Median gross rent | $945 | $868 |
| Population | 10,243 | 20,218 |
The weather behind that power bill
Raymondville sits in Willacy County, which averages a high of 97.2°F in its hottest month and a low of 49.8°F in its coldest, with 24.04" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 4,220 cooling and 569 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Willacy County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Willacy County
Common questions
How much does it cost to own a home in Raymondville?
A $48,000 home in Raymondville, Texas costs approximately $629 per month with 20% down at 6.66%. That is $247 principal and interest, $95 property tax, $32 homeowners insurance, $216 utilities and $40 set aside for maintenance.
What is the property tax rate in Raymondville?
Raymondville has an effective property tax rate of 2.378%, based on a median home value of $48,200 and median real estate taxes of $1,146. That is higher than the Willacy County average of 1.914%.
What is the average home price in Raymondville?
The median owner-occupied home value in Raymondville, Texas is $48,200, against $60,800 across Willacy County.
Is it cheaper to rent or buy in Raymondville?
Median gross rent in Raymondville is $945 a month, against $629 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 Raymondville — 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.