Total monthly cost of ownership
Cost to Own a Home in Topaz Ranch Estates, Nevada
A $263,000 home here costs
$1,901per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,352. The real number is $549 higher every month — 41% 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.
Topaz Ranch Estates against Douglas County and Nevada
| Measure | Topaz Ranch Estates | Douglas County |
|---|---|---|
| Median home value | $262,600 | $587,400 |
| Median property tax | $1,124 | $2,649 |
| Effective tax rate | 0.428% | 0.451% |
| Median gross rent | $1,327 | $1,545 |
| Population | 1,646 | 49,624 |
The weather behind that power bill
Topaz Ranch Estates sits in Douglas County, which averages a high of 91.2°F in its hottest month and a low of 18.7°F in its coldest, with 9.34" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 385 cooling and 5,805 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Douglas County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Douglas County
Common questions
How much does it cost to own a home in Topaz Ranch Estates?
A $263,000 home in Topaz Ranch Estates, Nevada costs approximately $1,901 per month with 20% down at 6.66%. That is $1,352 principal and interest, $94 property tax, $46 homeowners insurance, $190 utilities and $219 set aside for maintenance.
What is the property tax rate in Topaz Ranch Estates?
Topaz Ranch Estates has an effective property tax rate of 0.428%, based on a median home value of $262,600 and median real estate taxes of $1,124. That is lower than the Douglas County average of 0.451%.
What is the average home price in Topaz Ranch Estates?
The median owner-occupied home value in Topaz Ranch Estates, Nevada is $262,600, against $587,400 across Douglas County.
Is it cheaper to rent or buy in Topaz Ranch Estates?
Median gross rent in Topaz Ranch Estates is $1,327 a month, against $1,901 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 Topaz Ranch Estates — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nevada.
- 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.