HousingHandbookReference data

U.S. ZIP Code · TX79316

Terry County

Typical home value

$125,308[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-4.5%
5-year / yr
-4.9%
10-year / yr
-1.5%

Relative price

vs U.S.
-55.9%
vs metro
vs state
-52.1%
ZIP 79316 location in TX
Location of ZIP 79316 in TX

Price history

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

The typical home in 79316 is worth $125,308. Over the past year, values have fallen 4.5%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$1,824[3]

#Climate risk

FEMA National Risk Index ratings for Terry 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
Very Low
Drought
Relatively High
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
10,055[3]
Median household income
$43,063[3]

#Migration

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

Net migration
+41[5]
Moved in
253
Moved out
212

Schools

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

Public schools
5
Elementary
1
Middle
1
High
2
  • OAK GROVE EL

    Elementary · Grades K–5 · BROWNFIELD ISD

    663 students

  • BROWNFIELD H S

    High · Grades 9–12 · BROWNFIELD ISD

    467 students

  • BROWNFIELD MIDDLE

    Middle · Grades 6–8 · BROWNFIELD ISD

    359 students

  • COLONIAL HEIGHTS EL

    Prekindergarten · Grades PK · BROWNFIELD ISD

    137 students

  • BROWNFIELD EDUCATION CENTER

    High · Grades 9–12 · BROWNFIELD ISD

    29 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$634
Loan principal$100,246
Down payment$25,062
Total interest paid$127,859

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$891
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 79316?
The typical home in 79316 is worth $125,308, based on the Zillow Home Value Index.
Are home values rising in 79316?
Home values in 79316 are down 4.5% over the past year, and down 4.9% a year over five years.
What is the property tax rate in 79316?
The effective property tax rate in 79316 is 1.5% — roughly $1,824 a year on a typical home.
Who lives in 79316?
ZIP code 79316 has a population of 10,055 and a median household income of $43,063.

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