How much is a home worth in ZIP code 75056?

The typical home in 75056 is worth $492,397, based on the Zillow Home Value Index.

Are home values rising in 75056?

Home values in 75056 are down 4.7% over the past year, and up 5.2% a year over five years.

What is the typical rent in 75056?

A typical home in 75056 rents for about $1,783 a month, a gross rental yield of 4.3%.

What is the property tax rate in 75056?

The effective property tax rate in 75056 is 1.5% — roughly $7,573 a year on a typical home.

ZIP code 75056 has a population of 69,628 and a median household income of $119,682.

HousingHandbookReference data

…

U.S. ZIP Code · TX75056

Denton County · Dallas-Fort Worth-Arlington, TX

Typical home value

$492,397^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.7%
5-year / yr: +5.2%
10-year / yr: +5.7%

Relative price

vs U.S.: +73.3%
vs metro: +40.4%
vs state: +88.1%

Price history

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

The typical home in 75056 is worth $492,397 — 40.4% above the Dallas-Fort Worth-Arlington, TX median. Over the past year, values have fallen 4.7%. Homes here rent for a typical $1,783 a month — a 4.3% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent: $1,783^[2]
Gross yield: 4.3%^[2]
Cap rate: 2.6%^[2]

#Property tax

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

Effective tax rate: 1.5%^[3]
Typical annual tax: $7,573^[3]

#Climate risk

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

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

#Who lives here

Population: 69,628^[3]
Median household income: $119,682^[3]

#Migration

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

Net migration: +6,517^[5]
Moved in: 44,971
Moved out: 38,454

Schools

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

Public schools: 12
Elementary: 8
Middle: 3
High: 1

THE COLONY H S
High · Grades 9–12 · LEWISVILLE ISD
1,877 students
KILLIAN MIDDLE
Middle · Grades 6–8 · LEWISVILLE ISD
945 students
INDEPENDENCE EL
Elementary · Grades PK–5 · LEWISVILLE ISD
824 students
GRIFFIN MIDDLE
Middle · Grades 6–8 · LEWISVILLE ISD
720 students
CASTLE HILLS EL
Elementary · Grades PK–5 · LEWISVILLE ISD
656 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 yield4.3%

Net yield (after ~40% expenses)2.6%

Annual rent$21,393

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$2,490

Loan principal$393,917

Down payment$98,479

Total interest paid$502,420

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 ratio1.98

Monthly cost to own$3,532

Monthly rent$1,783

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: 83rd percentile^[1]
Rental yield: 22nd percentile^[2]
Property tax: 75th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 75056?: The typical home in 75056 is worth $492,397, based on the Zillow Home Value Index.
Are home values rising in 75056?: Home values in 75056 are down 4.7% over the past year, and up 5.2% a year over five years.
What is the typical rent in 75056?: A typical home in 75056 rents for about $1,783 a month, a gross rental yield of 4.3%.
What is the property tax rate in 75056?: The effective property tax rate in 75056 is 1.5% — roughly $7,573 a year on a typical home.
Who lives in 75056?: ZIP code 75056 has a population of 69,628 and a median household income of $119,682.

#Comparable ZIPs

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

75054 vs 75056 →
Grand Prairie, TX
Typical home
$491,725
Gross yield
4.6%
75001 vs 75056 →
Addison, TX
Typical home
$494,263
Gross yield
3.9%
75077
Highland Village, TX
Typical home
$494,712
Gross yield
4.3%
75071
McKinney, TX
Typical home
$488,530
Gross yield
4.9%
75070
McKinney, TX
Typical home
$484,285
Gross yield
4.1%
75204
Dallas, TX
Typical home
$502,933
Gross yield
4.7%

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Pit ZIP 75056 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · TX75056

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