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What does it cost per month to own a house in Cypress, taxes and HOA included?
Answered by Allen Markel, REALTOR®, Texas Premier Realty ·
Short answer
There is no single monthly number for Cypress, because taxes and MUD lines differ by address. As an illustration, at the $421,000 six-month median sale price with 20% down and a 7.03% 30-year rate (Freddie Mac, September 24, 2026), principal and interest is about $2,248 a month. Adding property tax at the 2.63% median rate as of September 25, 2026 (about $922 a month) and HOA dues at the $1,200 median (about $100 a month) gives roughly $3,270 before insurance. For a specific home, use the Home Report.
What are the pieces at the median price?
The $421,000 price is the six-month median sale price in Cypress. With a 20% down payment ($84,200) the loan is $336,800. At 7.03%, the Freddie Mac 30-year average for the week of September 24, 2026, principal and interest is $2,248 a month. Property tax at the median total rate of 2.627% is $11,062 a year, or $922 a month, before exemptions. HOA dues at the $1,200 median are $100 a month. That is $3,270 a month. The state-required $140,000 school homestead exemption saves about $1,494 a year (about $125 a month) at the Cypress-Fairbanks ISD rate, for a total near $3,145. The number to focus on is the total, not the pieces. A buyer targeting a $3,000 all-in monthly budget, using the same tax rate, dues and interest rate, lands near a $385,000 purchase price; a buyer at $3,500 lands near $452,000. Each $10,000 of additional price adds about $53 of principal and interest at 20% down plus about $22 of property tax, so roughly $75 a month per $10,000 at the median rate.
How does the total change with price and district?
The table repeats the calculation at four prices using the same rate, tax rate and dues. Property tax is the swing item. A home in a subdivision with a 3.24% rate adds about $215 a month at $421,000 compared with the 2.63% median, and a home with no MUD at 2.00% saves about $220 a month. Homeowners insurance and flood insurance are not in our data, so they are left out; get quotes for the address, since they can be several hundred dollars a month combined. Mortgage insurance applies when the down payment is under 20%. Rates change daily, so use the current quote. Two other levers change the outcome. A larger or smaller down payment changes the loan directly; at 10% down on $421,000 the loan is $378,900 and principal and interest is $2,528, before mortgage insurance. And the interest rate matters: each 0.25 point moves the payment on the $336,800 loan by roughly $56 a month. Our rate figure is the Freddie Mac survey average for the week of September 24, 2026; a lender quote for your loan will differ.
Amounts and rules change every year. For the most current and accurate answer, contact the county office directly: the Harris Central Appraisal District (hcad.org, 713-957-7800) for values, exemptions and protests, and the Harris County Tax Assessor-Collector (hctax.net, 713-274-8000) for tax bills and payments.
| Price | Principal + interest | Property tax (before exemptions) | HOA | Total before insurance |
|---|---|---|---|---|
| $300,000 | $1,602 | $657 | $100 | $2,359 |
| $421,000 | $2,248 | $922 | $100 | $3,270 |
| $500,000 | $2,669 | $1,095 | $100 | $3,864 |
| $750,000 | $4,004 | $1,642 | $100 | $5,746 |
Common follow-up questions
What is the monthly payment on a median Cypress home?
About $3,270 with 20% down, before insurance: $2,248 principal and interest, $922 tax and $100 HOA.
Does a homestead exemption lower the payment?
It can by roughly $125 a month on the school tax line of the median home, if you qualify and file.
Are insurance costs included?
No. We do not hold insurance data; get quotes for the exact address.
Sources
Talk it through with Allen
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Related questions
How much are property taxes in Cypress, TX?
The median total property-tax rate on Cypress homes for sale is 2.63% of taxable value, measured on the 1,055 of 1,326 active listings where we hold a complete 2025 tax stack.
Read answerHow much are HOA fees in Cypress?
Nearly every Cypress listing carries HOA dues: 1,276 of 1,326 active homes (96%) show a fee, and the median is $1,200 a year, about $100 a month.
Read answerWhat is the median home price in Cypress right now?
The median sale price of Cypress homes that closed in the last six months (March 25 to September 25, 2026) is $420,860, based on 1,919 sales, or about $170 per square foot.
Read answerHow much of a Cypress tax bill is MUD, school, county and flood-control tax?
For a typical Cypress home in Cypress-Fairbanks ISD with a MUD, the 2025 rate stack is about 2.66% in total.
Read answer
Answers describe transactions and public data. They are not legal, tax or financial advice.