Total monthly cost of ownership
Cost to Own a Home in Shepherd, Texas
A $144,000 home here costs
$1,307per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $740. The real number is $567 higher every month — 77% 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.
Shepherd against San Jacinto County and Texas
| Measure | Shepherd | San Jacinto County |
|---|---|---|
| Median home value | $144,100 | $183,100 |
| Median property tax | $1,628 | $2,086 |
| Effective tax rate | 1.130% | 1.139% |
| Median gross rent | $642 | $1,018 |
| Population | 2,124 | 27,983 |
The weather behind that power bill
Shepherd sits in San Jacinto County, which averages a high of 94.5°F in its hottest month and a low of 39.3°F in its coldest, with 47.65" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,721 cooling and 1,704 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for San Jacinto County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in San Jacinto County
Full San Jacinto County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Shepherd?
A $144,000 home in Shepherd, Texas costs approximately $1,307 per month with 20% down at 6.66%. That is $740 principal and interest, $136 property tax, $95 homeowners insurance, $216 utilities and $120 set aside for maintenance.
What is the property tax rate in Shepherd?
Shepherd has an effective property tax rate of 1.130%, based on a median home value of $144,100 and median real estate taxes of $1,628. That is in line with the San Jacinto County average of 1.139%.
What is the average home price in Shepherd?
The median owner-occupied home value in Shepherd, Texas is $144,100, against $183,100 across San Jacinto County.
Is it cheaper to rent or buy in Shepherd?
Median gross rent in Shepherd is $642 a month, against $1,307 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Shepherd — 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.