The story of this market
The typical home in ZIP 75164 sells for about $229,000, or $185 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,792 a month.
ZIP 75164 — Josephine
The housing market in 75164 is characterized by low inventory and modest price appreciation. Activity remains limited due to the small geographic footprint and rural nature of the area. Market conditions are stable with minimal turnover.
Median prices moved up 2.5% year over year.
Homes spend a median of 65 days on market with 6.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 11.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 75164
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Terrell exhibits property and violent crime rates slightly higher than Texas and national suburban medians, driven largely by retail corridors along Interstate 20 and Highway 80.
The area is served primarily by Terrell Independent School District, which holds average state accountability ratings with ongoing facility modernization investments.
The area carries minimal coastal flood risk but experiences moderate inland flash flooding in low-lying drainage basins, alongside elevated regional hail, tornado, and severe convective storm insurance exposure.
Terrell continues to see light industrial, logistics, and retail distribution expansion along the US-80 and I-20 corridors, supported by incoming master-planned suburban residential subdivisions.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00). County (Collin County, Texas) — Independent School District Ad Valorem Tax & Mandatory Homestead Exemption: All residential parcels fall into an ISD (e.g., Plano ISD at $1.03955 per $100; Allen ISD at $1.1258 per $100; Prosper ISD at $1.2141 per $100). Imposes standard Maintenance & Operations (M&O) and Interest & Sinking (I&S) rates.
Data retrieved from data.census.gov ZCTA 75164 profile.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.