Total monthly cost of ownership
Cost to Own a Home in Timberwood Park, Texas
A $470,000 home here costs
$3,990per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,416. The real number is $1,573 higher every month — 65% 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.
Timberwood Park against Bexar County and Texas
| Measure | Timberwood Park | Bexar County |
|---|---|---|
| Median home value | $469,900 | $244,100 |
| Median property tax | $7,856 | $4,429 |
| Effective tax rate | 1.672% | 1.814% |
| Median gross rent | $2,012 | $1,290 |
| Population | 34,980 | 2,037,344 |
The weather behind that power bill
Timberwood Park sits in Bexar County, which averages a high of 97.5°F in its hottest month and a low of 40.3°F in its coldest, with 31.27" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 3,144 cooling and 1,446 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Bexar County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bexar County
Common questions
How much does it cost to own a home in Timberwood Park?
A $470,000 home in Timberwood Park, Texas costs approximately $3,990 per month with 20% down at 6.66%. That is $2,416 principal and interest, $655 property tax, $311 homeowners insurance, $216 utilities and $392 set aside for maintenance.
What is the property tax rate in Timberwood Park?
Timberwood Park has an effective property tax rate of 1.672%, based on a median home value of $469,900 and median real estate taxes of $7,856. That is lower than the Bexar County average of 1.814%.
What is the average home price in Timberwood Park?
The median owner-occupied home value in Timberwood Park, Texas is $469,900, against $244,100 across Bexar County.
Is it cheaper to rent or buy in Timberwood Park?
Median gross rent in Timberwood Park is $2,012 a month, against $3,990 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 Timberwood Park — 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.