Total monthly cost of ownership
Cost to Own a Home in Seth Ward, Texas
A $58,000 home here costs
$655per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $298. The real number is $357 higher every month — 120% 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.
Seth Ward against Hale County and Texas
| Measure | Seth Ward | Hale County |
|---|---|---|
| Median home value | $57,500 | $106,100 |
| Median property tax | $650 | $1,471 |
| Effective tax rate | 1.130% | 1.386% |
| Median gross rent | $844 | $798 |
| Population | 1,909 | 32,247 |
The weather behind that power bill
Seth Ward sits in Hale County, which averages a high of 91.4°F in its hottest month and a low of 23.7°F in its coldest, with 18.42" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,547 cooling and 3,866 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Hale County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hale County
Common questions
How much does it cost to own a home in Seth Ward?
A $58,000 home in Seth Ward, Texas costs approximately $655 per month with 20% down at 6.66%. That is $298 principal and interest, $55 property tax, $38 homeowners insurance, $216 utilities and $48 set aside for maintenance.
What is the property tax rate in Seth Ward?
Seth Ward has an effective property tax rate of 1.130%, based on a median home value of $57,500 and median real estate taxes of $650. That is lower than the Hale County average of 1.386%.
What is the average home price in Seth Ward?
The median owner-occupied home value in Seth Ward, Texas is $57,500, against $106,100 across Hale County.
Is it cheaper to rent or buy in Seth Ward?
Median gross rent in Seth Ward is $844 a month, against $655 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 Seth Ward — 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.