Insurance + Taxes + Energy + Maintenance + Services = far more than most Austin homeowners expect. Here's the full breakdown — and where most locals are overpaying.
When Austin homeowners think about their monthly housing costs, they think about the mortgage. But for a median-value Austin home ($493,449 assessed value), the non-mortgage costs — property taxes, insurance, energy, maintenance, and services — add up to $18,000-$26,000 per year, or $1,500-$2,167 per month. That's on top of the mortgage payment. Understanding where this money goes, and where the most common overpayments occur, is the first step to potentially saving $3,000-$6,000 annually. Here's the Austin-specific breakdown.
When Austin homeowners think about their monthly housing costs, they think about the mortgage. But for a median-value Austin home ($493,449 assessed value), the non-mortgage costs — property taxes, insurance, energy, maintenance, and services — add up to $18,000-$26,000 per year, or $1,500-$2,167 per month. That's on top of the mortgage payment. Understanding where this money goes, and where the most common overpayments occur, is the first step to potentially saving $3,000-$6,000 annually. Here's the Austin-specific breakdown.
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