Total monthly cost of ownership
Cost to Own a Home in Waskom, Texas
A $91,000 home here costs
$869per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $468. The real number is $401 higher every month — 86% 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.
Waskom against Harrison County and Texas
| Measure | Waskom | Harrison County |
|---|---|---|
| Median home value | $91,300 | $178,200 |
| Median property tax | $592 | $1,811 |
| Effective tax rate | 0.648% | 1.016% |
| Median gross rent | $1,115 | $977 |
| Population | 1,862 | 69,584 |
The weather behind that power bill
Waskom sits in Harrison County, which averages a high of 94.2°F in its hottest month and a low of 33.1°F in its coldest, with 51.34" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,281 cooling and 2,498 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Harrison County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Harrison County
Common questions
How much does it cost to own a home in Waskom?
A $91,000 home in Waskom, Texas costs approximately $869 per month with 20% down at 6.66%. That is $468 principal and interest, $49 property tax, $60 homeowners insurance, $216 utilities and $76 set aside for maintenance.
What is the property tax rate in Waskom?
Waskom has an effective property tax rate of 0.648%, based on a median home value of $91,300 and median real estate taxes of $592. That is lower than the Harrison County average of 1.016%.
What is the average home price in Waskom?
The median owner-occupied home value in Waskom, Texas is $91,300, against $178,200 across Harrison County.
Is it cheaper to rent or buy in Waskom?
Median gross rent in Waskom is $1,115 a month, against $869 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 Waskom — 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.