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Cost of homeownership in Borden County, Texas

Real dollar cost of ownership, rent-vs-buy analysis, and flood risk, backed by Census ACS, FEMA, and FHFA data. Population: 686.

Median home value
$104,200
Median property tax
$583
Monthly owner cost
-
with mortgage
Affordability (cost % of income)
9.0%

Total annual ownership cost

Breakdown of what owning a typical home in Borden County costs each year.

  • Property taxes$583
  • Insurance estimate$1,500
  • Utilities / energy$1,671
  • Maintenance (1% of value)$1,042
  • Total$4,796/yr · $400/mo

Insurance and energy figures typically vary by property. Adjust in the calculators for a personalized estimate.

Total
$4,796
/ year

Rent vs. buy in Borden County

Pre-filled with local median home value, median gross rent (Census ACS / HUD FMR), and current FRED rate.

Home price trend in Texas

FHFA House Price Index, quarterly.

vs. Texas average
Home value below state average.
Property tax below state average.
Homeownership
73.5%

Share of units owner-occupied (Census ACS).

Median household income
$80,625

Census ACS 5-year estimate.

Housing cost burden in Borden County

Share of households paying 30% or more of income on housing (HUD CHAS 2017-2021). HUD does not publish county-level CHAS rollups through the public API, so Texas state data is shown for local context alongside the US average.

Texas: 30%+ cost burdened
45.6%
6,391,060 households surveyed
Texas: severely burdened (50%+)
20.5%
Paying at least half of income on housing.
Owner vs renter burden
Owner 30%+: 32.2%
Renter 30%+: 33.3%
Renters typically carry a heavier cost burden than owners with a fixed-rate mortgage.

HUD area median income (4-person household) for Texas: $98,800. Income limits define 80% AMI at $79,050 and 50% AMI at $49,400.

Frequently asked questions

How much does it cost to own a home in Borden County?

Based on Census ACS, typical total annual cost in Borden County is around $4,796 ($400 per month), covering property tax, insurance estimate, utilities, and 1% maintenance. Your actual cost varies by home age, size, and location within the county.

What is the property tax in Borden County?

Median annual property tax is $583 on the county's median home value of $104,200 (Census ACS).

Is it cheaper to rent or buy in Borden County?

Rent data pending for Borden County.

What is the flood risk in Borden County?

FEMA NFIP data for Borden County is pending.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.