The story of this market
The typical home in ZIP 76671 sells for about $221,000, or $178 per square foot.
Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,511 a month.
ZIP 76671 — Morgan
The 76671 housing market is currently balanced, offering a lower-cost entry point compared to the broader Waco metro area. Market activity is steady but slower, with price growth remaining flat as the area absorbs regional economic shifts.
This ZIP is best suited for investors seeking a low-entry-price point or buyers looking for a rural-adjacent lifestyle near Lake Whitney, though it requires patience due to slower market movement.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 65 days on market with 5.4 months of supply — a balanced-paced market.
22% of listings have cut prices · homes sell at 97.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 13.8% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 76671, Bosque County TX
The area is characterized by a low-cost basis with limited recent economic absorption compared to the broader Waco region.
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).
The area is centered around Whitney, providing access to Lake Whitney and associated outdoor recreational amenities.
The rental market is characterized by lower-than-average income levels and requires careful management due to slower price appreciation.
The local economy is primarily driven by regional services and tourism associated with Lake Whitney, with broader employment ties to the Waco metropolitan area.
Parcels are subject to local school district and county-level property tax assessments.
Data retrieved from census.gov ZCTA-level tables.
- The Expo at Glen Rose4.519.5 mi
- Walnut Springs Roadhouse4.612.3 mi
- Oakdale Park4.319.2 mi
- Lake Whitney State Park4.612.7 mi
- Meridian State Park4.712.6 mi
- Walling Bend Park4.612.1 mi
- McCown Valley Park4.610.2 mi
- Hamm Creek Park4.511.4 mi
- Lake Whitney Dam4.714.7 mi
- Texas Children's Museum4.517.9 mi
- Lake Whitney State Park4.612.7 mi
- Meridian State Park4.712.6 mi
- Thousand Trails Lake Whitney3.911.7 mi
- Walling Bend Park4.612.1 mi
- McCown Valley Park4.610.2 mi
- Juniper Cove Marina4.310.6 mi
- Parsons Marina at Lake Whitney4.314.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major regional reservoir providing boating, fishing, and water-based recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.