Total monthly cost of ownership
Cost to Own a Home in White Oak, Texas
A $219,000 home here costs
$1,811per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,126. The real number is $685 higher every month — 61% 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.
White Oak against Gregg County and Texas
| Measure | White Oak | Gregg County |
|---|---|---|
| Median home value | $219,200 | $185,800 |
| Median property tax | $1,700 | $2,271 |
| Effective tax rate | 0.776% | 1.222% |
| Median gross rent | $1,134 | $1,072 |
| Population | 6,208 | 124,860 |
The weather behind that power bill
White Oak sits in Gregg County, which averages a high of 94.7°F in its hottest month and a low of 36.7°F in its coldest, with 45.31" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,613 cooling and 2,136 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Gregg County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gregg County
Common questions
How much does it cost to own a home in White Oak?
A $219,000 home in White Oak, Texas costs approximately $1,811 per month with 20% down at 6.66%. That is $1,126 principal and interest, $142 property tax, $145 homeowners insurance, $216 utilities and $183 set aside for maintenance.
What is the property tax rate in White Oak?
White Oak has an effective property tax rate of 0.776%, based on a median home value of $219,200 and median real estate taxes of $1,700. That is lower than the Gregg County average of 1.222%.
What is the average home price in White Oak?
The median owner-occupied home value in White Oak, Texas is $219,200, against $185,800 across Gregg County.
Is it cheaper to rent or buy in White Oak?
Median gross rent in White Oak is $1,134 a month, against $1,811 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 White Oak — 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.