Total monthly cost of ownership
Cost to Own a Home in Sunray, Texas
A $130,000 home here costs
$1,297per 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 $55,500 a year.
A standard mortgage calculator would have told you $709. The real number is $588 higher every month, 83% more than the payment most buyers budget for.
Compare Moore County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Sunray from a five-year rolling sample, and with about 2,771 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 Moore 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.
Sunray against Moore County and Texas
| Measure | Sunray | Moore County |
|---|---|---|
| Median home value | $130,100 | $135,400 |
| Median property tax | $1,817 | $2,066 |
| Effective tax rate | 1.397% | 1.526% |
| Median gross rent | $931 | $894 |
| Population | 2,771 | 21,234 |
The weather behind that power bill
Sunray sits in Moore County, which averages a high of 92.2°F in its hottest month and a low of 22.1°F in its coldest, with 17.7" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 1,428 cooling and 4,479 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Moore County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Moore County
Talk to someone who works this market
These are Sunray 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 Sunray every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Sunray I already own here and may sell
Common questions
How much does it cost to own a home in Sunray?
A $130,000 home in Sunray, Texas costs approximately $1,297 per month with 20% down at 7.24%. That is $709 principal and interest, $151 property tax, $86 homeowners insurance, $242 utilities and $108 set aside for maintenance.
What is the property tax rate in Sunray?
Sunray has an effective property tax rate of 1.397%, based on a median home value of $130,100 and median real estate taxes of $1,817. That is lower than the Moore County average of 1.526%.
What is the average home price in Sunray?
The median owner-occupied home value in Sunray, Texas is $130,100, against $135,400 across Moore County.
Is it cheaper to rent or buy in Sunray?
Median gross rent in Sunray is $931 a month, against $1,297 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 Sunray?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Sunray, Texas at today's rate takes a household income of roughly $55,500 a year. That covers the full $1,297 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sunray, 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.