HousingHandbookReference data

U.S. ZIP Code · TX77587

Harris County · Houston-Pasadena-The Woodlands, TX

Typical home value

$194,502[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.3%
5-year / yr
+3.1%
10-year / yr
+6.4%

Relative price

vs U.S.
-31.5%
vs metro
-29.4%
vs state
-25.7%
ZIP 77587 location in TX
Location of ZIP 77587 in TX

Price history

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

The typical home in 77587 is worth $194,502 — 29.4% below the Houston-Pasadena-The Woodlands, TX median. Over the past year, values have fallen 3.3%. The effective property tax rate is 1.6%.

#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
1.6%[3]
Typical annual tax
$3,039[3]

#Climate risk

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

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Relatively High
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Very High
Hurricane
Very High
Tornado
Very High
Earthquake
Relatively Moderate
Winter weather
Relatively High

#Who lives here

Population
16,033[3]
Median household income
$53,497[3]

#Migration

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

Net migration
-7,225[5]
Moved in
94,726
Moved out
101,951

Schools

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

Public schools
6
Elementary
4
Middle
1
High
1
  • SOUTH HOUSTON H S

    High · Grades 9–12 · PASADENA ISD

    2,214 students

  • L F SMITH EL

    Elementary · Grades PK–4 · PASADENA ISD

    605 students

  • SOUTH HOUSTON INT

    Middle · Grades 7–8 · PASADENA ISD

    567 students

  • PEARL HALL EL

    Elementary · Grades PK–4 · PASADENA ISD

    540 students

  • MATTHYS EL

    Elementary · Grades PK–4 · PASADENA ISD

    520 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$984
Loan principal$155,602
Down payment$38,900
Total interest paid$198,461

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$1,398
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
37th percentile[1]
Rental yield
[2]
Property tax
75th percentile[3]

Frequently asked

How much is a home worth in ZIP code 77587?
The typical home in 77587 is worth $194,502, based on the Zillow Home Value Index.
Are home values rising in 77587?
Home values in 77587 are down 3.3% over the past year, and up 3.1% a year over five years.
What is the property tax rate in 77587?
The effective property tax rate in 77587 is 1.6% — roughly $3,039 a year on a typical home.
Who lives in 77587?
ZIP code 77587 has a population of 16,033 and a median household income of $53,497.

#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
    $194,139
    Gross yield
  • Houston, TX

    Typical home
    $193,963
    Gross yield
    5.1%
  • Houston, TX

    Typical home
    $196,520
    Gross yield
    6.5%
  • Stowell CDP, TX

    Typical home
    $196,952
    Gross yield
  • Houston, TX

    Typical home
    $191,910
    Gross yield
    11.0%
  • Houston, TX

    Typical home
    $197,938
    Gross yield
    10.9%

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