75422 Zip Code's January First-Time Homebuyer Report

75422 is a smaller-than-average zip code in Texas with 2,800 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 11.2%. Keep in mind, most people in the 75422 zip code own their homes, with a 77.4% ownership ratio.

Culture

If you're interested in the nightlife, one of the most popular places to get a drink in 75422, according to Foursquare, is Texas Beach Club. If you're looking to explore the outdoors, some favorite spots are Lake Tawakoni and some where in the pasture.

Price Range

The 75422 zip code has some of the more expensive homes in the state with a median home value of $131,300 and a current average list price of $227,613. A three-week rough patch for the overall sales trend continues in the 75422 zip code market, with number of sales staying even at one over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 75422 zip code:

$1.1M   $269K   $219K  

Typical Dwelling

The typical dwelling in the 75422 zip code is a three-bedroom detached home worth about $202,133. To purchase a similar home, a buyer with good credit and a $40,427 cash down payment could obtain a mortgage with a 3.95% interest rate and a $662 monthly payment. The property tax rate is $14.15 per $1,000 of taxable assessed value.

Get started right now by checking out 75422 homes for sale or reviewing 75422 real estate trends.


Data reported through 1/12/2017

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