HousingHandbookReference data

U.S. ZIP Code · TX79765

Midland County · Midland, TX

Typical home value

$335,494[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.9%
5-year / yr
+2.0%
10-year / yr
+2.8%

Relative price

vs U.S.
+18.1%
vs metro
≈ metro median
vs state
+28.2%
ZIP 79765 location in TX
Location of ZIP 79765 in TX

Price history

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

The typical home in 79765 is worth $335,494. Over the past year, values have risen 4.9%. Homes here rent for a typical $1,818 a month — a 6.5% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent
$1,818[2]
Gross yield
6.5%[2]
Cap rate
3.9%[2]

#Property tax

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

Effective tax rate
1.6%[3]
Typical annual tax
$5,251[3]

#Climate risk

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

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

#Who lives here

Population
25,904[3]
Median household income
$104,965[3]

#Migration

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

Net migration
+785[5]
Moved in
6,399
Moved out
5,614

Schools

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

Public schools
5
Elementary
3
Middle
1
High
0
  • COMPASS ACADEMY CHARTER SCHOOL

    Other · Grades K–12 · COMPASS ACADEMY CHARTER SCHOOL

    1,448 students

  • BARBARA JORDAN EL

    Elementary · Grades K–5 · ECTOR COUNTY ISD

    886 students

  • LEE BUICE EL

    Elementary · Grades K–5 · ECTOR COUNTY ISD

    821 students

  • IDEA YUKON ACADEMY

    Elementary · Grades K–5 · IDEA PUBLIC SCHOOLS

    717 students

  • IDEA YUKON COLLEGE PREPARATORY

    Middle · Grades 6–8 · IDEA PUBLIC SCHOOLS

    376 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 yield6.5%
Net yield (after ~40% expenses)3.9%
Annual rent$21,816

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$1,696
Loan principal$268,395
Down payment$67,099
Total interest paid$342,323

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 ratio1.33
Monthly cost to own$2,415
Monthly rent$1,818

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
17th percentile[1]
Rental yield
40th percentile[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 79765?
The typical home in 79765 is worth $335,494, based on the Zillow Home Value Index.
Are home values rising in 79765?
Home values in 79765 are up 4.9% over the past year, and up 2.0% a year over five years.
What is the typical rent in 79765?
A typical home in 79765 rents for about $1,818 a month, a gross rental yield of 6.5%.
What is the property tax rate in 79765?
The effective property tax rate in 79765 is 1.6% — roughly $5,251 a year on a typical home.
Who lives in 79765?
ZIP code 79765 has a population of 25,904 and a median household income of $104,965.

#Comparable ZIPs

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

  • Midland, TX

    Typical home
    $354,847
    Gross yield
    5.5%
  • Midland, TX

    Typical home
    $380,348
    Gross yield
    6.7%
  • Midland, TX

    Typical home
    $420,808
    Gross yield
    4.3%
  • Stanton, TX

    Typical home
    $248,092
    Gross yield
  • Midland, TX

    Typical home
    $244,080
    Gross yield
    7.1%
  • Midland, TX

    Typical home
    $222,796
    Gross yield
    9.0%

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