HousingHandbookReference data

U.S. ZIP Code · TX76048

Hood County

Typical home value

$315,852[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.9%
5-year / yr
+3.5%
10-year / yr
+6.2%

Relative price

vs U.S.
+11.2%
vs metro
vs state
+20.7%
ZIP 76048 location in TX
Location of ZIP 76048 in TX

Price history

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

The typical home in 76048 is worth $315,852. Over the past year, values have fallen 0.9%. Homes here rent for a typical $1,556 a month — a 5.9% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent
$1,556[2]
Gross yield
5.9%[2]
Cap rate
3.5%[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$3,188[3]

#Climate risk

FEMA National Risk Index ratings for Hood 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 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
27,000[3]
Median household income
$70,346[3]

#Migration

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

Net migration
+556[5]
Moved in
2,750
Moved out
2,194

Schools

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

Public schools
10
Elementary
3
Middle
2
High
4
  • GRANBURY H S

    High · Grades 8–12 · GRANBURY ISD

    2,209 students

  • ACTON MIDDLE

    Middle · Grades 6–8 · GRANBURY ISD

    917 students

  • JOHN AND LYNN BRAWNER EL

    Elementary · Grades PK–5 · GRANBURY ISD

    890 students

  • GRANBURY MIDDLE

    Middle · Grades 6–8 · GRANBURY ISD

    832 students

  • MAMBRINO SCHOOL

    Elementary · Grades PK–5 · GRANBURY ISD

    830 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 yield5.9%
Net yield (after ~40% expenses)3.5%
Annual rent$18,673

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$1,597
Loan principal$252,681
Down payment$63,170
Total interest paid$322,281

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 ratio1.37
Monthly cost to own$2,126
Monthly rent$1,556

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 76048?
The typical home in 76048 is worth $315,852, based on the Zillow Home Value Index.
Are home values rising in 76048?
Home values in 76048 are down 0.9% over the past year, and up 3.5% a year over five years.
What is the typical rent in 76048?
A typical home in 76048 rents for about $1,556 a month, a gross rental yield of 5.9%.
What is the property tax rate in 76048?
The effective property tax rate in 76048 is 1.0% — roughly $3,188 a year on a typical home.
Who lives in 76048?
ZIP code 76048 has a population of 27,000 and a median household income of $70,346.

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