HousingHandbookReference data

U.S. ZIP Code · TX77381

Montgomery County · Houston-Pasadena-The Woodlands, TX

Typical home value

$574,337[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.6%
5-year / yr
+8.1%
10-year / yr
+5.2%

Relative price

vs U.S.
+102.2%
vs metro
+108.5%
vs state
+119.4%
ZIP 77381 location in TX
Location of ZIP 77381 in TX

Price history

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

The typical home in 77381 is worth $574,337 — 108.5% above the Houston-Pasadena-The Woodlands, TX median. Over the past year, values have risen 4.6%. Homes here rent for a typical $2,223 a month — a 4.6% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent
$2,223[2]
Gross yield
4.6%[2]
Cap rate
2.8%[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$7,792[3]

#Climate risk

FEMA National Risk Index ratings for Montgomery 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 Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Relatively High
Tornado
Very High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
36,139[3]
Median household income
$143,565[3]

#Migration

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

Net migration
+8,344[5]
Moved in
28,333
Moved out
19,989

Schools

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

Public schools
8
Elementary
5
Middle
2
High
1
  • THE WOODLANDS H S

    High · Grades 9–12 · CONROE ISD

    4,498 students

  • MCCULLOUGH J H

    Middle · Grades 7–8 · CONROE ISD

    2,163 students

  • POWELL EL

    Elementary · Grades PK–4 · CONROE ISD

    876 students

  • GALATAS EL

    Elementary · Grades PK–4 · CONROE ISD

    810 students

  • COLLINS INT

    Middle · Grades 5–6 · CONROE ISD

    779 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 yield4.6%
Net yield (after ~40% expenses)2.8%
Annual rent$26,672

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$2,904
Loan principal$459,470
Down payment$114,867
Total interest paid$586,028

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 ratio1.81
Monthly cost to own$4,034
Monthly rent$2,223

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
100th percentile[1]
Rental yield
14th percentile[2]
Property tax
47th percentile[3]

Frequently asked

How much is a home worth in ZIP code 77381?
The typical home in 77381 is worth $574,337, based on the Zillow Home Value Index.
Are home values rising in 77381?
Home values in 77381 are up 4.6% over the past year, and up 8.1% a year over five years.
What is the typical rent in 77381?
A typical home in 77381 rents for about $2,223 a month, a gross rental yield of 4.6%.
What is the property tax rate in 77381?
The effective property tax rate in 77381 is 1.4% — roughly $7,792 a year on a typical home.
Who lives in 77381?
ZIP code 77381 has a population of 36,139 and a median household income of $143,565.

#Comparable ZIPs

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

  • Houston, TX

    Typical home
    $568,269
    Gross yield
    3.5%
  • Houston, TX

    Typical home
    $566,559
    Gross yield
    3.4%
  • The Woodlands CDP, TX

    Typical home
    $594,314
    Gross yield
    4.6%
  • Houston, TX

    Typical home
    $595,896
    Gross yield
    3.8%
  • New Ulm CDP, TX

    Typical home
    $596,761
    Gross yield
  • Sugar Land, TX

    Typical home
    $548,643
    Gross yield
    4.8%

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