HousingHandbookReference data

U.S. ZIP Code · TX79720

Howard County

Typical home value

$144,566[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.0%
5-year / yr
-3.6%
10-year / yr
-0.4%

Relative price

vs U.S.
-49.1%
vs metro
vs state
-44.8%
ZIP 79720 location in TX
Location of ZIP 79720 in TX

Price history

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

The typical home in 79720 is worth $144,566. Over the past year, values have risen 5.0%. Homes here rent for a typical $1,288 a month — a 10.7% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,288[2]
Gross yield
10.7%[2]
Cap rate
6.4%[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$1,617[3]

#Climate risk

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

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

#Who lives here

Population
29,936[3]
Median household income
$68,785[3]

#Migration

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

Net migration
-83[5]
Moved in
654
Moved out
737

Schools

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

Public schools
8
Elementary
4
Middle
1
High
2
  • BIG SPRING H S

    High · Grades 9–12 · BIG SPRING ISD

    1,044 students

  • BIG SPRING INT

    Middle · Grades 5–6 · BIG SPRING ISD

    450 students

  • MOSS EL

    Elementary · Grades K–2 · BIG SPRING ISD

    427 students

  • MARCY EL

    Elementary · Grades K–2 · BIG SPRING ISD

    405 students

  • GOLIAD EL

    Elementary · Grades 4 · BIG SPRING ISD

    271 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 yield10.7%
Net yield (after ~40% expenses)6.4%
Annual rent$15,450

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$731
Loan principal$115,653
Down payment$28,913
Total interest paid$147,509

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 ratio0.77
Monthly cost to own$986
Monthly rent$1,288

Owning 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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 79720?
The typical home in 79720 is worth $144,566, based on the Zillow Home Value Index.
Are home values rising in 79720?
Home values in 79720 are up 5.0% over the past year, and down 3.6% a year over five years.
What is the typical rent in 79720?
A typical home in 79720 rents for about $1,288 a month, a gross rental yield of 10.7%.
What is the property tax rate in 79720?
The effective property tax rate in 79720 is 1.1% — roughly $1,617 a year on a typical home.
Who lives in 79720?
ZIP code 79720 has a population of 29,936 and a median household income of $68,785.

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