77505 Zip Code's October First-Time Homebuyer Report

The 77505 zip code has an older population than other areas in Texas with a median age of 36 years. It is also very affluent with a median income of $73,290 per household. Detached homes account for 89% of the area's current housing market. The best schools in the zip code are Tice Elementary School, Cornerstone Academy, and Kerr High School.

Price Range

Homes in the 77505 zip code are generally more expensive than others in the state with a median home value of $152,000 and an average list price of $236,371. While home sales in the 77505 zip code market have been above average, in this week's report they slid 13.6% to 19 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 77505 zip code:

$229K   $193K   $229K  

Typical Dwelling

The typical dwelling in the 77505 zip code is a three-bedroom detached home worth about $180,137. To purchase a similar home, a buyer with good credit and a $36,027 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,182 monthly payment. The property tax rate is $20.09 per $1,000 of taxable assessed value.

Get started right now by checking out 77505 homes for sale or reviewing 77505 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Gulf Coast Realtors
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Realty Pros of Texas
Snapped 1 home in this area
ZipRealty Inc 281-685-9326 (kelvin.okunonke@ziprealty.com)http://www.ziprealty.com/agent/kokunonke?referredByAgent=kokunonke
Snapped 1 home in this area

Agents that specialize in this area
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