77407 Zip Code First-Time Homebuyer Report for January

77407 is a larger than average zip code in Texas with 28,672 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 1,281.1%. With an ownership ratio of 82.1%, the vast majority of people in the 77407 zip code are homeowners. The best school in the zip code is Stephen F Austin Elementary School.

Culture

If you are interested in the bar scene in 77407, Foursquare says that Churchill's Sports Bar & Grill is the most popular place to grab a drink. If you'd like to grab some coffee, a popular spot is Starbucks. Lastly, Kroger, Randalls, and Walgreens are well-known places to shop.

Price Range

The 77407 zip code has some of the more expensive homes in the state with a median home value of $165,700 and a current average list price of $317,663. The 77407 zip code market may be experiencing a prolonged pullback as sales slumped again this week by 24.0% to 19 homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in the 77407 zip code that generated the most views from potential buyers:

$304K   $349K   $449K  

Typical Dwelling

A four-bedroom detached home valued around $306,325 is considered a typical dwelling in the 77407 zip code. If a buyer was looking for a similar home, they would need good credit and a $61,265 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,764 and the property tax rate is $24.03 per $1,000 of taxable assessed value.

Get started right now by checking out 77407 homes for sale or reviewing 77407 real estate trends.


Data reported through 1/12/2017

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