Total monthly cost of ownership
Cost to Own a Home in Rio Bravo, Texas
A $78,000 home here costs
$896per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $38,500 a year.
A standard mortgage calculator would have told you $432. The real number is $464 higher every month, 107% more than the payment most buyers budget for.
Compare Webb County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Rio Bravo from a five-year rolling sample, and with about 4,502 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Webb County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Rio Bravo against Webb County and Texas
| Measure | Rio Bravo | Webb County |
|---|---|---|
| Median home value | $78,200 | $178,900 |
| Median property tax | $1,270 | $3,312 |
| Effective tax rate | 1.624% | 1.851% |
| Median gross rent | $681 | $997 |
| Population | 4,502 | 267,731 |
The weather behind that power bill
Rio Bravo sits in Webb County, which averages a high of 100.9°F in its hottest month and a low of 46.5°F in its coldest, with 21.35" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 4,341 cooling and 811 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Webb County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Webb County
Talk to someone who works this market
These are Rio Bravo averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Rio Bravo every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Rio Bravo?
A $78,000 home in Rio Bravo, Texas costs approximately $896 per month with 20% down at 7.4%. That is $432 principal and interest, $106 property tax, $52 homeowners insurance, $242 utilities and $65 set aside for maintenance.
What is the property tax rate in Rio Bravo?
Rio Bravo has an effective property tax rate of 1.624%, based on a median home value of $78,200 and median real estate taxes of $1,270. That is lower than the Webb County average of 1.851%.
What is the average home price in Rio Bravo?
The median owner-occupied home value in Rio Bravo, Texas is $78,200, against $178,900 across Webb County.
Is it cheaper to rent or buy in Rio Bravo?
Median gross rent in Rio Bravo is $681 a month, against $896 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Rio Bravo?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Rio Bravo, Texas at today's rate takes a household income of roughly $38,500 a year. That covers the full $896 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Rio Bravo, 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.