HousingHandbookReference data

U.S. ZIP Code · TX79065

Gray County

Typical home value

$104,320[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-4.3%
5-year / yr
+1.4%
10-year / yr
+0.8%

Relative price

vs U.S.
-63.3%
vs metro
vs state
-60.1%
ZIP 79065 location in TX
Location of ZIP 79065 in TX

Price history

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

The typical home in 79065 is worth $104,320. Over the past year, values have fallen 4.3%. 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]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$1,497[3]

#Climate risk

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

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

#Who lives here

Population
19,378[3]
Median household income
$58,912[3]

#Migration

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

Net migration
-72[5]
Moved in
418
Moved out
490

Schools

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

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

    High · Grades 9–12 · PAMPA ISD

    1,055 students

  • PAMPA J H

    Middle · Grades 6–8 · PAMPA ISD

    708 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$527
Loan principal$83,456
Down payment$20,864
Total interest paid$106,443

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$740
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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 79065?
The typical home in 79065 is worth $104,320, based on the Zillow Home Value Index.
Are home values rising in 79065?
Home values in 79065 are down 4.3% over the past year, and up 1.4% a year over five years.
What is the property tax rate in 79065?
The effective property tax rate in 79065 is 1.4% — roughly $1,497 a year on a typical home.
Who lives in 79065?
ZIP code 79065 has a population of 19,378 and a median household income of $58,912.

Compare ZIPs

Pit ZIP 79065 against any other ZIP — full side-by-side table.

Compare 79065

#Jump to section