HousingHandbookReference data

U.S. ZIP Code · TX76087

Parker County · Dallas-Fort Worth-Arlington, TX

Typical home value

$457,220[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.3%
5-year / yr
+4.2%
10-year / yr
+5.4%

Relative price

vs U.S.
+61.0%
vs metro
+30.4%
vs state
+74.7%
ZIP 76087 location in TX
Location of ZIP 76087 in TX

Price history

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

The typical home in 76087 is worth $457,220 — 30.4% above the Dallas-Fort Worth-Arlington, TX median. Over the past year, values have fallen 0.3%. Homes here rent for a typical $1,677 a month — a 4.4% 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
$1,677[2]
Gross yield
4.4%[2]
Cap rate
2.6%[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$6,043[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
36,822[3]
Median household income
$114,306[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
8
Elementary
4
Middle
2
High
2
  • TISON MIDDLE

    Middle · Grades 6–8 · WEATHERFORD ISD

    901 students

  • MCCALL EL

    Elementary · Grades K–5 · ALEDO ISD

    633 students

  • BROCK H S

    High · Grades 9–12 · BROCK ISD

    628 students

  • BROCK INT

    Elementary · Grades 3–5 · BROCK ISD

    535 students

  • MARTIN EL

    Elementary · Grades PK–5 · WEATHERFORD ISD

    532 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 yield4.4%
Net yield (after ~40% expenses)2.6%
Annual rent$20,124

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$2,312
Loan principal$365,776
Down payment$91,444
Total interest paid$466,527

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 ratio1.91
Monthly cost to own$3,196
Monthly rent$1,677

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
53rd percentile[1]
Rental yield
23rd percentile[2]
Property tax
35th percentile[3]

Frequently asked

How much is a home worth in ZIP code 76087?
The typical home in 76087 is worth $457,220, based on the Zillow Home Value Index.
Are home values rising in 76087?
Home values in 76087 are down 0.3% over the past year, and up 4.2% a year over five years.
What is the typical rent in 76087?
A typical home in 76087 rents for about $1,677 a month, a gross rental yield of 4.4%.
What is the property tax rate in 76087?
The effective property tax rate in 76087 is 1.3% — roughly $6,043 a year on a typical home.
Who lives in 76087?
ZIP code 76087 has a population of 36,822 and a median household income of $114,306.

#Comparable ZIPs

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

  • Richardson, TX

    Typical home
    $458,327
    Gross yield
    4.8%
  • TX

    Typical home
    $456,043
    Gross yield
  • Midlothian, TX

    Typical home
    $459,433
    Gross yield
    5.2%
  • Paradise, TX

    Typical home
    $452,006
    Gross yield
  • Rockwall, TX

    Typical home
    $451,650
    Gross yield
    5.4%
  • Plano, TX

    Typical home
    $463,253
    Gross yield
    4.0%

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