HousingHandbookReference data

U.S. ZIP Code · TX76020

Parker County · Dallas-Fort Worth-Arlington, TX

Typical home value

$332,518[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.4%
5-year / yr
+3.9%
10-year / yr
+6.5%

Relative price

vs U.S.
+17.1%
vs metro
-5.2%
vs state
+27.0%
ZIP 76020 location in TX
Location of ZIP 76020 in TX

Price history

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

The typical home in 76020 is worth $332,518 — 5.2% below the Dallas-Fort Worth-Arlington, TX median. Over the past year, values have fallen 1.4%. Homes here rent for a typical $1,810 a month — a 6.5% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

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

Monthly rent
$1,810[2]
Gross yield
6.5%[2]
Cap rate
3.9%[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$3,622[3]

#Climate risk

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

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

#Who lives here

Population
34,602[3]
Median household income
$87,298[3]

#Migration

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

Net migration
+2,023[5]
Moved in
7,287
Moved out
5,264

Schools

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

Public schools
11
Elementary
5
Middle
4
High
2
  • AZLE H S

    High · Grades 9–12 · AZLE ISD

    2,147 students

  • AZLE J H SOUTH

    Middle · Grades 7–8 · AZLE ISD

    577 students

  • AZLE EL

    Middle · Grades 5–6 · AZLE ISD

    573 students

  • LIBERTY EL

    Elementary · Grades PK–4 · AZLE ISD

    569 students

  • W E HOOVER EL

    Middle · Grades 5–6 · AZLE ISD

    518 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 yield6.5%
Net yield (after ~40% expenses)3.9%
Annual rent$21,715

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$1,681
Loan principal$266,014
Down payment$66,504
Total interest paid$339,286

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 ratio1.25
Monthly cost to own$2,261
Monthly rent$1,810

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
39th percentile[1]
Rental yield
64th percentile[2]
Property tax
15th percentile[3]

Frequently asked

How much is a home worth in ZIP code 76020?
The typical home in 76020 is worth $332,518, based on the Zillow Home Value Index.
Are home values rising in 76020?
Home values in 76020 are down 1.4% over the past year, and up 3.9% a year over five years.
What is the typical rent in 76020?
A typical home in 76020 rents for about $1,810 a month, a gross rental yield of 6.5%.
What is the property tax rate in 76020?
The effective property tax rate in 76020 is 1.1% — roughly $3,622 a year on a typical home.
Who lives in 76020?
ZIP code 76020 has a population of 34,602 and a median household income of $87,298.

#Comparable ZIPs

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

  • Pilot Point, TX

    Typical home
    $333,742
    Gross yield
  • Fort Worth, TX

    Typical home
    $327,605
    Gross yield
    6.8%
  • DeSoto, TX

    Typical home
    $327,585
    Gross yield
    6.6%
  • Fort Worth, TX

    Typical home
    $337,946
    Gross yield
    6.7%
  • Grand Prairie, TX

    Typical home
    $326,341
    Gross yield
    6.1%
  • North Richland Hills, TX

    Typical home
    $339,331
    Gross yield
    5.2%

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