HousingHandbookReference data

U.S. ZIP Code · TX76088

Parker County · Dallas-Fort Worth-Arlington, TX

Typical home value

$467,428[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.6%
5-year / yr
+5.1%
10-year / yr
+6.7%

Relative price

vs U.S.
+64.5%
vs metro
+33.3%
vs state
+78.6%
ZIP 76088 location in TX
Location of ZIP 76088 in TX

Price history

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

The typical home in 76088 is worth $467,428 — 33.3% above the Dallas-Fort Worth-Arlington, TX median. Over the past year, values have risen 0.6%. Homes here rent for a typical $1,662 a month — a 4.3% 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
$1,662[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
1.1%[3]
Typical annual tax
$4,930[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
15,290[3]
Median household income
$104,038[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
4
Elementary
1
Middle
1
High
1
  • PEASTER EL

    Elementary · Grades PK–3 · PEASTER ISD

    523 students

  • PEASTER H S

    High · Grades 9–12 · PEASTER ISD

    511 students

  • GARNER COLLEGE AND CAREER PREPARATORY ACADEMY

    Other · Grades PK–11 · GARNER ISD

    365 students

  • PEASTER J H

    Middle · Grades 7–8 · PEASTER ISD

    241 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 yield4.3%
Net yield (after ~40% expenses)2.6%
Annual rent$19,947

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$2,364
Loan principal$373,942
Down payment$93,486
Total interest paid$476,943

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 ratio1.90
Monthly cost to own$3,162
Monthly rent$1,662

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
81st percentile[1]
Rental yield
20th percentile[2]
Property tax
12th percentile[3]

Frequently asked

How much is a home worth in ZIP code 76088?
The typical home in 76088 is worth $467,428, based on the Zillow Home Value Index.
Are home values rising in 76088?
Home values in 76088 are up 0.6% over the past year, and up 5.1% a year over five years.
What is the typical rent in 76088?
A typical home in 76088 rents for about $1,662 a month, a gross rental yield of 4.3%.
What is the property tax rate in 76088?
The effective property tax rate in 76088 is 1.1% — roughly $4,930 a year on a typical home.
Who lives in 76088?
ZIP code 76088 has a population of 15,290 and a median household income of $104,038.

#Comparable ZIPs

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

  • Weatherford, TX

    Typical home
    $465,929
    Gross yield
    3.9%
  • Irving, TX

    Typical home
    $465,646
    Gross yield
    3.6%
  • Lucas, TX

    Typical home
    $465,430
    Gross yield
    5.7%
  • Dallas, TX

    Typical home
    $471,302
    Gross yield
    3.4%
  • Plano, TX

    Typical home
    $463,253
    Gross yield
    4.0%
  • Midlothian, TX

    Typical home
    $459,433
    Gross yield
    5.2%

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