Total monthly cost of ownership
Cost to Own a Home in Sweetwater, Texas
A $84,000 home here costs
$876per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $432. The real number is $444 higher every month — 103% 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.
Sweetwater against Nolan County and Texas
| Measure | Sweetwater | Nolan County |
|---|---|---|
| Median home value | $84,000 | $98,300 |
| Median property tax | $1,237 | $1,485 |
| Effective tax rate | 1.473% | 1.511% |
| Median gross rent | $862 | $866 |
| Population | 10,484 | 14,565 |
The weather behind that power bill
Sweetwater sits in Nolan County, which averages a high of 95.0°F in its hottest month and a low of 29.3°F in its coldest, with 23.91" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 2,198 cooling and 2,644 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Nolan County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Nolan County
Common questions
How much does it cost to own a home in Sweetwater?
A $84,000 home in Sweetwater, Texas costs approximately $876 per month with 20% down at 6.66%. That is $432 principal and interest, $103 property tax, $56 homeowners insurance, $216 utilities and $70 set aside for maintenance.
What is the property tax rate in Sweetwater?
Sweetwater has an effective property tax rate of 1.473%, based on a median home value of $84,000 and median real estate taxes of $1,237. That is lower than the Nolan County average of 1.511%.
What is the average home price in Sweetwater?
The median owner-occupied home value in Sweetwater, Texas is $84,000, against $98,300 across Nolan County.
Is it cheaper to rent or buy in Sweetwater?
Median gross rent in Sweetwater is $862 a month, against $876 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 Sweetwater — 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.