Total monthly cost of ownership
Cost to Own a Home in Seven Points, Texas
A $94,000 home here costs
$976per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $42,000 a year.
A standard mortgage calculator would have told you $512. The real number is $464 higher every month, 91% more than the payment most buyers budget for.
Compare Kaufman County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Seven Points from a five-year rolling sample, and with about 1,287 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 Kaufman 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.
Seven Points against Kaufman County and Texas
| Measure | Seven Points | Kaufman County |
|---|---|---|
| Median home value | $94,300 | $290,800 |
| Median property tax | $976 | $5,036 |
| Effective tax rate | 1.035% | 1.732% |
| Median gross rent | $717 | $1,408 |
| Population | 1,287 | 160,718 |
Seven Points extends across 2 counties. Figures here use Kaufman County, where most of its housing sits.
The weather behind that power bill
Seven Points sits in Kaufman County, which averages a high of 96.3°F in its hottest month and a low of 35.7°F in its coldest, with 38.42" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,738 cooling and 2,211 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Kaufman County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kaufman County
Talk to someone who works this market
These are Seven Points 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 Seven Points every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Seven Points I already own here and may sell
Common questions
How much does it cost to own a home in Seven Points?
A $94,000 home in Seven Points, Texas costs approximately $976 per month with 20% down at 7.24%. That is $512 principal and interest, $81 property tax, $62 homeowners insurance, $242 utilities and $78 set aside for maintenance.
What is the property tax rate in Seven Points?
Seven Points has an effective property tax rate of 1.035%, based on a median home value of $94,300 and median real estate taxes of $976. That is lower than the Kaufman County average of 1.732%.
What is the average home price in Seven Points?
The median owner-occupied home value in Seven Points, Texas is $94,300, against $290,800 across Kaufman County.
Is it cheaper to rent or buy in Seven Points?
Median gross rent in Seven Points is $717 a month, against $976 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 Seven Points?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Seven Points, Texas at today's rate takes a household income of roughly $42,000 a year. That covers the full $976 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Seven Points, 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.