How much is a home worth in ZIP code 78573?

The typical home in 78573 is worth $215,597, based on the Zillow Home Value Index.

Are home values rising in 78573?

Home values in 78573 are up 0.7% over the past year, and up 5.9% a year over five years.

What is the typical rent in 78573?

A typical home in 78573 rents for about $1,070 a month, a gross rental yield of 6.0%.

What is the property tax rate in 78573?

The effective property tax rate in 78573 is 1.5% — roughly $3,208 a year on a typical home.

ZIP code 78573 has a population of 44,809 and a median household income of $55,000.

HousingHandbookReference data

…

U.S. ZIP Code · TX78573

Hidalgo County · McAllen-Edinburg-Mission, TX

Typical home value

$215,597^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.7%
5-year / yr: +5.9%
10-year / yr: +6.8%

Relative price

vs U.S.: -24.1%
vs metro: +27.0%
vs state: -17.6%

Price history

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

The typical home in 78573 is worth $215,597 — 27.0% above the McAllen-Edinburg-Mission, TX median. Over the past year, values have risen 0.7%. Homes here rent for a typical $1,070 a month — a 6.0% 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: $1,070^[2]
Gross yield: 6.0%^[2]
Cap rate: 3.6%^[2]

#Property tax

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

Effective tax rate: 1.5%^[3]
Typical annual tax: $3,208^[3]

#Climate risk

FEMA National Risk Index ratings for Hidalgo 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 High
Heat wave: Relatively High
Hurricane: Very High
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 44,809^[3]
Median household income: $55,000^[3]

#Migration

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

Net migration: -898^[5]
Moved in: 8,132
Moved out: 9,030

Schools

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

Public schools: 10
Elementary: 6
Middle: 3
High: 1

ALTON MEMORIAL J H
Middle · Grades 6–8 · MISSION CISD
828 students
DOMINGO TREVINO MIDDLE
Middle · Grades 6–8 · LA JOYA ISD
594 students
RAFAEL A CANTU J H
Middle · Grades 6–8 · MISSION CISD
581 students
JESSIE L JENSEN EL
Elementary · Grades PK–6 · SHARYLAND ISD
567 students
RAQUEL CAVAZOS EL
Elementary · Grades PK–5 · MISSION CISD
539 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 yield6.0%

Net yield (after ~40% expenses)3.6%

Annual rent$12,844

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$1,090

Loan principal$172,477

Down payment$43,119

Total interest paid$219,985

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 ratio1.44

Monthly cost to own$1,538

Monthly rent$1,070

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: 25th percentile^[1]
Rental yield: 13th percentile^[2]
Property tax: 14th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 78573?: The typical home in 78573 is worth $215,597, based on the Zillow Home Value Index.
Are home values rising in 78573?: Home values in 78573 are up 0.7% over the past year, and up 5.9% a year over five years.
What is the typical rent in 78573?: A typical home in 78573 rents for about $1,070 a month, a gross rental yield of 6.0%.
What is the property tax rate in 78573?: The effective property tax rate in 78573 is 1.5% — roughly $3,208 a year on a typical home.
Who lives in 78573?: ZIP code 78573 has a population of 44,809 and a median household income of $55,000.

#Comparable ZIPs

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

78541 vs 78573 →
Edinburg, TX
Typical home
$212,493
Gross yield
5.6%
78542 vs 78573 →
Linn CDP, TX
Typical home
$205,459
Gross yield
6.9%
78501
McAllen, TX
Typical home
$196,837
Gross yield
7.1%
78572
Mission, TX
Typical home
$196,184
Gross yield
8.1%
78574
La Homa CDP, TX
Typical home
$194,629
Gross yield
11.3%
78557
Hidalgo, TX
Typical home
$191,399
Gross yield
—

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#Jump to section

U.S. ZIP Code · TX78573

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