Total monthly cost of ownership
Cost to Own a Home in Three Rivers, Texas
A $77,000 home here costs
$783per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $396. The real number is $388 higher every month — 98% 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.
Three Rivers against Live Oak County and Texas
| Measure | Three Rivers | Live Oak County |
|---|---|---|
| Median home value | $76,700 | $142,300 |
| Median property tax | — | $1,255 |
| Effective tax rate | 0.882% | 0.882% |
| Median gross rent | $970 | $949 |
| Population | 1,299 | 11,444 |
The weather behind that power bill
Three Rivers sits in Live Oak County, which averages a high of 96.6°F in its hottest month and a low of 42.8°F in its coldest, with 26.51" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 3,317 cooling and 1,275 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Live Oak County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Live Oak County
Common questions
How much does it cost to own a home in Three Rivers?
A $77,000 home in Three Rivers, Texas costs approximately $783 per month with 20% down at 6.66%. That is $396 principal and interest, $57 property tax, $51 homeowners insurance, $216 utilities and $64 set aside for maintenance.
What is the property tax rate in Three Rivers?
Place-level tax data is not published for Three Rivers, so the Live Oak County rate of 0.882% applies here.
What is the average home price in Three Rivers?
The median owner-occupied home value in Three Rivers, Texas is $76,700, against $142,300 across Live Oak County.
Is it cheaper to rent or buy in Three Rivers?
Median gross rent in Three Rivers is $970 a month, against $783 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Three Rivers — 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.