How much is a home worth in ZIP code 75032?

The typical home in 75032 is worth $535,545, based on the Zillow Home Value Index.

Are home values rising in 75032?

Home values in 75032 are down 1.7% over the past year, and up 4.8% a year over five years.

What is the typical rent in 75032?

A typical home in 75032 rents for about $1,943 a month, a gross rental yield of 4.4%.

What is the property tax rate in 75032?

The effective property tax rate in 75032 is 1.3% — roughly $7,210 a year on a typical home.

ZIP code 75032 has a population of 39,865 and a median household income of $135,742.

HousingHandbookReference data

…

U.S. ZIP Code · TX75032

Rockwall County · Dallas-Fort Worth-Arlington, TX

Typical home value

$535,545^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.7%
5-year / yr: +4.8%
10-year / yr: +5.5%

Relative price

vs U.S.: +88.5%
vs metro: +52.7%
vs state: +104.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 75032 is worth $535,545 — 52.7% above the Dallas-Fort Worth-Arlington, TX median. Over the past year, values have fallen 1.7%. Homes here rent for a typical $1,943 a month — a 4.4% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,943^[2]
Gross yield: 4.4%^[2]
Cap rate: 2.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.3%^[3]
Typical annual tax: $7,210^[3]

#Climate risk

FEMA National Risk Index ratings for Rockwall County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Low
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively Low

#Who lives here

Population: 39,865^[3]
Median household income: $135,742^[3]

#Migration

Household moves in and out of Rockwall County over a year, from IRS tax-return data.

Net migration: +1,492^[5]
Moved in: 6,352
Moved out: 4,860

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 6
Middle: 1
High: 1

ROCKWALL-HEATH H S
High · Grades 9–12 · ROCKWALL ISD
2,944 students
MAURINE CAIN MIDDLE
Middle · Grades 7–8 · ROCKWALL ISD
1,154 students
AMY PARKS-HEATH EL
Elementary · Grades PK–6 · ROCKWALL ISD
725 students
SHARON SHANNON EL
Elementary · Grades PK–6 · ROCKWALL ISD
660 students
DORRIS A JONES EL
Elementary · Grades PK–6 · ROCKWALL ISD
650 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.4%

Net yield (after ~40% expenses)2.6%

Annual rent$23,315

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,708

Loan principal$428,436

Down payment$107,109

Total interest paid$546,446

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.93

Monthly cost to own$3,757

Monthly rent$1,943

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 75th percentile^[1]
Rental yield: 23rd percentile^[2]
Property tax: 40th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 75032?: The typical home in 75032 is worth $535,545, based on the Zillow Home Value Index.
Are home values rising in 75032?: Home values in 75032 are down 1.7% over the past year, and up 4.8% a year over five years.
What is the typical rent in 75032?: A typical home in 75032 rents for about $1,943 a month, a gross rental yield of 4.4%.
What is the property tax rate in 75032?: The effective property tax rate in 75032 is 1.3% — roughly $7,210 a year on a typical home.
Who lives in 75032?: ZIP code 75032 has a population of 39,865 and a median household income of $135,742.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

75028 vs 75032 →
Flower Mound, TX
Typical home
$539,106
Gross yield
4.8%
75009 vs 75032 →
Celina, TX
Typical home
$539,278
Gross yield
4.1%
76008
Fort Worth, TX
Typical home
$541,732
Gross yield
4.1%
76005
Arlington, TX
Typical home
$541,930
Gross yield
4.3%
75010
Carrollton, TX
Typical home
$527,530
Gross yield
3.8%
75220
Dallas, TX
Typical home
$525,505
Gross yield
3.2%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 75032 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · TX75032

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