HousingHandbookReference data

U.S. ZIP Code · TX79121

Randall County · Amarillo, TX

Typical home value

$299,982[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.6%
5-year / yr
+5.0%
10-year / yr
+4.1%

Relative price

vs U.S.
+5.6%
vs metro
+69.6%
vs state
+14.6%
ZIP 79121 location in TX
Location of ZIP 79121 in TX

Price history

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

The typical home in 79121 is worth $299,982 — 69.6% above the Amarillo, TX median. Over the past year, values have risen 2.6%. The effective property tax rate is 1.3%.

#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
1.3%[3]
Typical annual tax
$4,033[3]

#Climate risk

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

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Relatively High
Heat wave
Relatively Low
Hurricane
No Rating
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Very High

#Who lives here

Population
6,437[3]
Median household income
$74,659[3]

#Migration

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

Net migration
+405[5]
Moved in
5,199
Moved out
4,794

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • SLEEPY HOLLOW EL

    Elementary · Grades PK–5 · AMARILLO ISD

    515 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$1,517
Loan principal$239,986
Down payment$59,996
Total interest paid$306,089

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$2,102
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
41st percentile[1]
Rental yield
[2]
Property tax
47th percentile[3]

Frequently asked

How much is a home worth in ZIP code 79121?
The typical home in 79121 is worth $299,982, based on the Zillow Home Value Index.
Are home values rising in 79121?
Home values in 79121 are up 2.6% over the past year, and up 5.0% a year over five years.
What is the property tax rate in 79121?
The effective property tax rate in 79121 is 1.3% — roughly $4,033 a year on a typical home.
Who lives in 79121?
ZIP code 79121 has a population of 6,437 and a median household income of $74,659.

#Comparable ZIPs

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

  • Canyon, TX

    Typical home
    $297,465
    Gross yield
    5.0%
  • Amarillo, TX

    Typical home
    $259,540
    Gross yield
    8.7%
  • Amarillo, TX

    Typical home
    $235,087
    Gross yield
    6.1%
  • Claude, TX

    Typical home
    $228,226
    Gross yield
  • Amarillo, TX

    Typical home
    $378,928
    Gross yield
    3.8%
  • Amarillo, TX

    Typical home
    $380,974
    Gross yield
    5.5%

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