How much is a home worth in ZIP code 76123?

The typical home in 76123 is worth $300,646, based on the Zillow Home Value Index.

Are home values rising in 76123?

Home values in 76123 are down 3.5% over the past year, and up 3.3% a year over five years.

What is the typical rent in 76123?

A typical home in 76123 rents for about $1,938 a month, a gross rental yield of 7.7%.

What is the property tax rate in 76123?

The effective property tax rate in 76123 is 1.5% — roughly $4,622 a year on a typical home.

ZIP code 76123 has a population of 42,957 and a median household income of $102,768.

HousingHandbookReference data

…

U.S. ZIP Code · TX76123

Tarrant County · Dallas-Fort Worth-Arlington, TX

Typical home value

$300,646^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.5%
5-year / yr: +3.3%
10-year / yr: +6.1%

Relative price

vs U.S.: +5.8%
vs metro: -14.3%
vs state: +14.9%

Price history

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

The typical home in 76123 is worth $300,646 — 14.3% below the Dallas-Fort Worth-Arlington, TX median. Over the past year, values have fallen 3.5%. Homes here rent for a typical $1,938 a month — a 7.7% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent: $1,938^[2]
Gross yield: 7.7%^[2]
Cap rate: 4.6%^[2]

#Property tax

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

Effective tax rate: 1.5%^[3]
Typical annual tax: $4,622^[3]

#Climate risk

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

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

#Who lives here

Population: 42,957^[3]
Median household income: $102,768^[3]

#Migration

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

Net migration: +1,996^[5]
Moved in: 61,211
Moved out: 59,215

Schools

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

Public schools: 12
Elementary: 9
Middle: 1
High: 2

NORTH CROWLEY H S
High · Grades 9–12 · CROWLEY ISD
2,933 students
GREAT HEARTS LAKESIDE
Elementary · Grades K–8 · GREAT HEARTS TEXAS
1,119 students
HARMONY SCHOOL OF INNOVATION - FORT WORTH
High · Grades 6–12 · HARMONY PUBLIC SCHOOLS - NORTH TEXAS
1,041 students
CROWLEY MIDDLE
Middle · Grades 6–8 · CROWLEY ISD
864 students
JUNE W DAVIS EL
Elementary · Grades PK–5 · CROWLEY ISD
693 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.

Home value$Monthly rent$

Gross yield7.7%

Net yield (after ~40% expenses)4.6%

Annual rent$23,257

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,520

Loan principal$240,517

Down payment$60,129

Total interest paid$306,766

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.11

Monthly cost to own$2,157

Monthly rent$1,938

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: 18th percentile^[1]
Rental yield: 82nd percentile^[2]
Property tax: 74th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 76123?: The typical home in 76123 is worth $300,646, based on the Zillow Home Value Index.
Are home values rising in 76123?: Home values in 76123 are down 3.5% over the past year, and up 3.3% a year over five years.
What is the typical rent in 76123?: A typical home in 76123 rents for about $1,938 a month, a gross rental yield of 7.7%.
What is the property tax rate in 76123?: The effective property tax rate in 76123 is 1.5% — roughly $4,622 a year on a typical home.
Who lives in 76123?: ZIP code 76123 has a population of 42,957 and a median household income of $102,768.

#Comparable ZIPs

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

75061 vs 76123 →
Irving, TX
Typical home
$302,177
Gross yield
5.3%
75231 vs 76123 →
Dallas, TX
Typical home
$302,528
Gross yield
5.4%
75142
Kaufman, TX
Typical home
$298,585
Gross yield
6.2%
76116
Fort Worth, TX
Typical home
$298,548
Gross yield
5.6%
76071
Pecan Acres CDP, TX
Typical home
$303,949
Gross yield
8.0%
75254
Dallas, TX
Typical home
$304,152
Gross yield
5.4%

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Pit ZIP 76123 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · TX76123

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