HousingHandbookReference data

U.S. ZIP Code · TX75223

Dallas County · Dallas-Fort Worth-Arlington, TX

Typical home value

$251,676[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-6.1%
5-year / yr
+2.1%
10-year / yr
+8.0%

Relative price

vs U.S.
-11.4%
vs metro
-28.2%
vs state
-3.8%
ZIP 75223 location in TX
Location of ZIP 75223 in TX

Price history

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

The typical home in 75223 is worth $251,676 — 28.2% below the Dallas-Fort Worth-Arlington, TX median. Over the past year, values have fallen 6.1%. Homes here rent for a typical $1,595 a month — a 7.6% 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
$1,595[2]
Gross yield
7.6%[2]
Cap rate
4.6%[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$3,189[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
11,994[3]
Median household income
$73,318[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
3
Elementary
3
Middle
0
High
0
  • EAST GRAND PREPARATORY ACADEMY

    Elementary · Grades PK–8 · CITYSCAPE SCHOOLS

    836 students

  • MOUNT AUBURN STEAM ACADEMY

    Elementary · Grades PK–5 · DALLAS ISD

    533 students

  • ORAN M ROBERTS EL

    Elementary · Grades PK–5 · DALLAS ISD

    349 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.

Gross yield7.6%
Net yield (after ~40% expenses)4.6%
Annual rent$19,143

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.

Monthly payment$1,273
Loan principal$201,341
Down payment$50,335
Total interest paid$256,799

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.

Own : rent ratio1.10
Monthly cost to own$1,749
Monthly rent$1,595

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
6th percentile[1]
Rental yield
79th percentile[2]
Property tax
28th percentile[3]

Frequently asked

How much is a home worth in ZIP code 75223?
The typical home in 75223 is worth $251,676, based on the Zillow Home Value Index.
Are home values rising in 75223?
Home values in 75223 are down 6.1% over the past year, and up 2.1% a year over five years.
What is the typical rent in 75223?
A typical home in 75223 rents for about $1,595 a month, a gross rental yield of 7.6%.
What is the property tax rate in 75223?
The effective property tax rate in 75223 is 1.3% — roughly $3,189 a year on a typical home.
Who lives in 75223?
ZIP code 75223 has a population of 11,994 and a median household income of $73,318.

#Comparable ZIPs

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

  • Grand Prairie, TX

    Typical home
    $251,377
    Gross yield
    7.9%
  • Hutchins, TX

    Typical home
    $251,162
    Gross yield
  • Fort Worth, TX

    Typical home
    $252,352
    Gross yield
    8.7%
  • Fort Worth, TX

    Typical home
    $250,225
    Gross yield
    8.6%
  • Garland, TX

    Typical home
    $248,481
    Gross yield
    7.7%
  • Mesquite, TX

    Typical home
    $255,310
    Gross yield
    6.2%

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