Rent vs. Buy in Burnet County, TX

Should you rent or buy in Burnet County? Here are the numbers.

Median Home Price

$268,300

Median Rent

$1,232/mo

Price-to-Rent Ratio

18.1x

Homeownership Rate

79.4%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$1,357
Property Tax$271
Insurance$89

Total Monthly$1,717

Renting

Monthly Rent$1,232
Renter's Insurance$25

Total Monthly$1,257

In Burnet County, buying costs approximately $485/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Burnet County, Texas

Burnet County in Texas has a median household income of $71,482 and an effective property tax rate of 1.2%. With a price-to-rent ratio of 18.1x, the rent-vs-buy decision is nuanced and depends on your timeline.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Texas

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.