Total monthly cost of ownership
Cost to Own a Home in Taft, Texas
A $124,000 home here costs
$1,223per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $637. The real number is $585 higher every month — 92% 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.
Taft against San Patricio County and Texas
| Measure | Taft | San Patricio County |
|---|---|---|
| Median home value | $124,200 | $180,400 |
| Median property tax | $2,214 | $2,754 |
| Effective tax rate | 1.783% | 1.527% |
| Median gross rent | $980 | $1,239 |
| Population | 2,847 | 69,519 |
The weather behind that power bill
Taft sits in San Patricio County, which averages a high of 94.6°F in its hottest month and a low of 44.9°F in its coldest, with 32.96" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 3,419 cooling and 1,011 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for San Patricio County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in San Patricio County
Full San Patricio County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Taft?
A $124,000 home in Taft, Texas costs approximately $1,223 per month with 20% down at 6.66%. That is $637 principal and interest, $184 property tax, $82 homeowners insurance, $216 utilities and $103 set aside for maintenance.
What is the property tax rate in Taft?
Taft has an effective property tax rate of 1.783%, based on a median home value of $124,200 and median real estate taxes of $2,214. That is higher than the San Patricio County average of 1.527%.
What is the average home price in Taft?
The median owner-occupied home value in Taft, Texas is $124,200, against $180,400 across San Patricio County.
Is it cheaper to rent or buy in Taft?
Median gross rent in Taft is $980 a month, against $1,223 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 Taft — 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.