Total monthly cost of ownership
Cost to Own a Home in Woodville, Texas
A $188,000 home here costs
$1,687per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $967. The real number is $720 higher every month — 75% 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.
Woodville against Tyler County and Texas
| Measure | Woodville | Tyler County |
|---|---|---|
| Median home value | $188,200 | $138,400 |
| Median property tax | $2,682 | $1,428 |
| Effective tax rate | 1.425% | 1.032% |
| Median gross rent | $945 | $951 |
| Population | 2,884 | 20,084 |
The weather behind that power bill
Woodville sits in Tyler County, which averages a high of 91.9°F in its hottest month and a low of 37.8°F in its coldest, with 59.1" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 2,410 cooling and 1,916 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Tyler County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Tyler County
Common questions
How much does it cost to own a home in Woodville?
A $188,000 home in Woodville, Texas costs approximately $1,687 per month with 20% down at 6.66%. That is $967 principal and interest, $223 property tax, $124 homeowners insurance, $216 utilities and $157 set aside for maintenance.
What is the property tax rate in Woodville?
Woodville has an effective property tax rate of 1.425%, based on a median home value of $188,200 and median real estate taxes of $2,682. That is higher than the Tyler County average of 1.032%.
What is the average home price in Woodville?
The median owner-occupied home value in Woodville, Texas is $188,200, against $138,400 across Tyler County.
Is it cheaper to rent or buy in Woodville?
Median gross rent in Woodville is $945 a month, against $1,687 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 Woodville — 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.