HousingHandbookReference data

U.S. ZIP Code · TX79124

Potter County · Amarillo, TX

Typical home value

$378,928[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.8%
5-year / yr
+5.3%
10-year / yr
+4.5%

Relative price

vs U.S.
+33.4%
vs metro
+114.2%
vs state
+44.8%
ZIP 79124 location in TX
Location of ZIP 79124 in TX

Price history

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

The typical home in 79124 is worth $378,928 — 114.2% above the Amarillo, TX median. Over the past year, values have risen 2.8%. Homes here rent for a typical $1,192 a month — a 3.8% 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
$1,192[2]
Gross yield
3.8%[2]
Cap rate
2.3%[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$5,530[3]

#Climate risk

FEMA National Risk Index ratings for Potter 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
12,019[3]
Median household income
$112,541[3]

#Migration

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

Net migration
-306[5]
Moved in
3,758
Moved out
4,064

Schools

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

Public schools
3
Elementary
1
Middle
2
High
0
  • LORENZO DE ZAVALA MIDDLE

    Middle · Grades 5–8 · AMARILLO ISD

    406 students

  • BUSHLAND J H

    Middle · Grades 6–8 · BUSHLAND ISD

    366 students

  • BUSHLAND EL

    Elementary · Grades PK–2 · BUSHLAND ISD

    292 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 yield3.8%
Net yield (after ~40% expenses)2.3%
Annual rent$14,304

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$1,916
Loan principal$303,143
Down payment$75,786
Total interest paid$386,642

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 ratio2.26
Monthly cost to own$2,693
Monthly rent$1,192

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
65th percentile[1]
Rental yield
0th percentile[2]
Property tax
79th percentile[3]

Frequently asked

How much is a home worth in ZIP code 79124?
The typical home in 79124 is worth $378,928, based on the Zillow Home Value Index.
Are home values rising in 79124?
Home values in 79124 are up 2.8% over the past year, and up 5.3% a year over five years.
What is the typical rent in 79124?
A typical home in 79124 rents for about $1,192 a month, a gross rental yield of 3.8%.
What is the property tax rate in 79124?
The effective property tax rate in 79124 is 1.5% — roughly $5,530 a year on a typical home.
Who lives in 79124?
ZIP code 79124 has a population of 12,019 and a median household income of $112,541.

#Comparable ZIPs

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

  • Amarillo, TX

    Typical home
    $380,974
    Gross yield
    5.5%
  • Amarillo, TX

    Typical home
    $299,982
    Gross yield
  • 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

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