Total monthly cost of ownership
Cost to Own a Home in Thorndale, Texas
A $139,000 home here costs
$1,349per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $58,000 a year.
A standard mortgage calculator would have told you $770. The real number is $579 higher every month, 75% more than the payment most buyers budget for.
Compare Williamson County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Thorndale from a five-year rolling sample, and with about 1,295 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 Williamson 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.
Thorndale against Williamson County and Texas
| Measure | Thorndale | Williamson County |
|---|---|---|
| Median home value | $139,400 | $414,600 |
| Median property tax | $1,557 | $7,079 |
| Effective tax rate | 1.117% | 1.707% |
| Median gross rent | $923 | $1,720 |
| Population | 1,295 | 643,889 |
Thorndale extends across 2 counties. Figures here use Williamson County, where most of its housing sits.
The weather behind that power bill
Thorndale sits in Williamson County, which averages a high of 96.8°F in its hottest month and a low of 36.2°F in its coldest, with 37.08" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,748 cooling and 1,949 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Williamson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Williamson County
Full Williamson County cost breakdown · Every county in Texas
Talk to someone who works this market
These are Thorndale 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 Thorndale every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Thorndale I already own here and may sell
Common questions
How much does it cost to own a home in Thorndale?
A $139,000 home in Thorndale, Texas costs approximately $1,349 per month with 20% down at 7.4%. That is $770 principal and interest, $129 property tax, $92 homeowners insurance, $242 utilities and $116 set aside for maintenance.
What is the property tax rate in Thorndale?
Thorndale has an effective property tax rate of 1.117%, based on a median home value of $139,400 and median real estate taxes of $1,557. That is lower than the Williamson County average of 1.707%.
What is the average home price in Thorndale?
The median owner-occupied home value in Thorndale, Texas is $139,400, against $414,600 across Williamson County.
Is it cheaper to rent or buy in Thorndale?
Median gross rent in Thorndale is $923 a month, against $1,349 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 Thorndale?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Thorndale, Texas at today's rate takes a household income of roughly $58,000 a year. That covers the full $1,349 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Thorndale, 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.