Total monthly cost of ownership
Cost to Own a Home in Sheldon, Texas
A $94,000 home here costs
$974per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $483. The real number is $491 higher every month — 102% 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.
Sheldon against Harris County and Texas
| Measure | Sheldon | Harris County |
|---|---|---|
| Median home value | $94,400 | $255,000 |
| Median property tax | — | $4,382 |
| Effective tax rate | 1.718% | 1.718% |
| Median gross rent | $1,432 | $1,349 |
| Population | 2,449 | 4,758,579 |
The weather behind that power bill
Sheldon sits in Harris County, which averages a high of 94.9°F in its hottest month and a low of 43.7°F in its coldest, with 51.84" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 3,288 cooling and 1,266 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Harris County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Harris County
Common questions
How much does it cost to own a home in Sheldon?
A $94,000 home in Sheldon, Texas costs approximately $974 per month with 20% down at 6.66%. That is $483 principal and interest, $135 property tax, $62 homeowners insurance, $216 utilities and $78 set aside for maintenance.
What is the property tax rate in Sheldon?
Place-level tax data is not published for Sheldon, so the Harris County rate of 1.718% applies here.
What is the average home price in Sheldon?
The median owner-occupied home value in Sheldon, Texas is $94,400, against $255,000 across Harris County.
Is it cheaper to rent or buy in Sheldon?
Median gross rent in Sheldon is $1,432 a month, against $974 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 Sheldon — 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.