HousingHandbookReference data

U.S. ZIP Code · TX76305

Clay County · Wichita Falls, TX

Typical home value

$246,682[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
0.0%
5-year / yr
+4.4%
10-year / yr
+6.3%

Relative price

vs U.S.
-13.2%
vs metro
+28.3%
vs state
-5.8%
ZIP 76305 location in TX
Location of ZIP 76305 in TX

Price history

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

The typical home in 76305 is worth $246,682 — 28.3% above the Wichita Falls, TX median. Over the past year, values have fallen 0.0%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$2,506[3]

#Climate risk

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

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

#Who lives here

Population
4,941[3]
Median household income
$78,071[3]

#Migration

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

Net migration
+57[5]
Moved in
379
Moved out
322

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • HIRSCHI H S

    High · Grades 8–12 · WICHITA FALLS ISD

    770 students

  • BURGESS EL

    Elementary · Grades PK–5 · WICHITA FALLS ISD

    376 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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,247
Loan principal$197,346
Down payment$49,336
Total interest paid$251,704

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 ratio
Monthly cost to own$1,663
Monthly rent

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
54th percentile[1]
Rental yield
[2]
Property tax
20th percentile[3]

Frequently asked

How much is a home worth in ZIP code 76305?
The typical home in 76305 is worth $246,682, based on the Zillow Home Value Index.
Are home values rising in 76305?
Home values in 76305 are down 0.0% over the past year, and up 4.4% a year over five years.
What is the property tax rate in 76305?
The effective property tax rate in 76305 is 1.0% — roughly $2,506 a year on a typical home.
Who lives in 76305?
ZIP code 76305 has a population of 4,941 and a median household income of $78,071.

#Comparable ZIPs

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

  • Bellevue, TX

    Typical home
    $247,691
    Gross yield
  • Wichita Falls, TX

    Typical home
    $252,540
    Gross yield
    8.2%
  • Wichita Falls, TX

    Typical home
    $221,624
    Gross yield
    7.2%
  • Scotland, TX

    Typical home
    $207,507
    Gross yield
  • Iowa Park, TX

    Typical home
    $198,435
    Gross yield
  • Windthorst, TX

    Typical home
    $295,379
    Gross yield

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