How much is a home worth in ZIP code 75051?

The typical home in 75051 is worth $251,377, based on the Zillow Home Value Index.

Are home values rising in 75051?

Home values in 75051 are down 3.0% over the past year, and up 4.0% a year over five years.

What is the typical rent in 75051?

A typical home in 75051 rents for about $1,656 a month, a gross rental yield of 7.9%.

What is the property tax rate in 75051?

The effective property tax rate in 75051 is 1.4% — roughly $3,420 a year on a typical home.

ZIP code 75051 has a population of 40,884 and a median household income of $58,245.

HousingHandbookReference data

…

U.S. ZIP Code · TX75051

Dallas County · Dallas-Fort Worth-Arlington, TX

Typical home value

$251,377^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.0%
5-year / yr: +4.0%
10-year / yr: +8.6%

Relative price

vs U.S.: -11.5%
vs metro: -28.3%
vs state: -4.0%

Price history

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

The typical home in 75051 is worth $251,377 — 28.3% below the Dallas-Fort Worth-Arlington, TX median. Over the past year, values have fallen 3.0%. Homes here rent for a typical $1,656 a month — a 7.9% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent: $1,656^[2]
Gross yield: 7.9%^[2]
Cap rate: 4.7%^[2]

#Property tax

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

Effective tax rate: 1.4%^[3]
Typical annual tax: $3,420^[3]

#Climate risk

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

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

#Who lives here

Population: 40,884^[3]
Median household income: $58,245^[3]

#Migration

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

Net migration: -9,194^[5]
Moved in: 76,480
Moved out: 85,674

Schools

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

Public schools: 15
Elementary: 10
Middle: 1
High: 2

ADVANTAGE ACADEMY
Other · Grades PK–12 · ADVANTAGE ACADEMY
971 students
ELLEN OCHOA STEM ACADEMY AT BEN MILIAM EL
Elementary · Grades PK–5 · GRAND PRAIRIE ISD
664 students
JAMES BOWIE FINE ARTS ACADEMY
Elementary · Grades PK–5 · GRAND PRAIRIE ISD
634 students
HOBBS WILLIAMS EL
Elementary · Grades PK–5 · GRAND PRAIRIE ISD
623 students
PATRICK EL
Elementary · Grades PK–6 · ARLINGTON ISD
568 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 yield7.9%

Net yield (after ~40% expenses)4.7%

Annual rent$19,874

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$1,271

Loan principal$201,101

Down payment$50,275

Total interest paid$256,494

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 ratio1.07

Monthly cost to own$1,765

Monthly rent$1,656

Owning and renting are roughly even.

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: 43rd percentile^[1]
Rental yield: 84th percentile^[2]
Property tax: 42nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 75051?: The typical home in 75051 is worth $251,377, based on the Zillow Home Value Index.
Are home values rising in 75051?: Home values in 75051 are down 3.0% over the past year, and up 4.0% a year over five years.
What is the typical rent in 75051?: A typical home in 75051 rents for about $1,656 a month, a gross rental yield of 7.9%.
What is the property tax rate in 75051?: The effective property tax rate in 75051 is 1.4% — roughly $3,420 a year on a typical home.
Who lives in 75051?: ZIP code 75051 has a population of 40,884 and a median household income of $58,245.

#Comparable ZIPs

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

75141 vs 75051 →
Hutchins, TX
Typical home
$251,162
Gross yield
—
75223 vs 75051 →
Dallas, TX
Typical home
$251,676
Gross yield
7.6%
76134
Fort Worth, TX
Typical home
$252,352
Gross yield
8.7%
76140
Fort Worth, TX
Typical home
$250,225
Gross yield
8.6%
75041
Garland, TX
Typical home
$248,481
Gross yield
7.7%
75150
Mesquite, TX
Typical home
$255,310
Gross yield
6.2%

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Pit ZIP 75051 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · TX75051

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