The story of this market
The typical home in ZIP 76035 sells for about $280,000, or $185 per square foot.
Prices are down 21.7% from a year ago, which gives buyers more room to negotiate. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,485 a month.
ZIP 76035 — Cresson
The 76035 housing market is currently experiencing a correction, with median prices declining significantly year-over-year. High interest rates and a shift in buyer demand toward more affordable, established areas are driving this cooling trend. Investors should note that while the area has potential, it remains a local-operator market with specific challenges regarding rental turnover and maintenance.
This ZIP is best suited for families and commuters seeking a rural lifestyle within reach of the Fort Worth metro area, though investors should account for higher maintenance and turnover friction.
Median prices moved down 21.7% year over year.
Homes spend a median of 68 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.5% — 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 6.7%/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 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 76035
Schools serving the area are primarily managed by the Granbury and Aledo ISDs, which generally maintain favorable accountability ratings within the region.
The area is subject to standard North Texas climate risks, including severe thunderstorms and occasional wind events; flood risk is localized to specific drainage basins.
Economic momentum is driven by proximity to the Fort Worth employment core and local industrial development along the Highway 377 corridor.
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).
Residents primarily commute via Highway 377 toward Fort Worth, with a mean travel time to work of approximately 43.8 minutes.
The area offers access to rural outdoor recreation, including proximity to Lake Granbury and local community parks, with limited immediate retail density.
The rental market is characterized by higher turnover rates compared to neighboring ZIPs, with a 22.4% renter share and ongoing delinquency risk for investors.
The local economy is a mix of rural services, regional logistics, and a significant commuter base working in the Dallas-Fort Worth metroplex.
Transportation is heavily reliant on private vehicle use via Highway 377, with limited public transit infrastructure available.
Development is focused on low-density residential expansion and commercial service nodes along the primary highway corridor.
The Hood County Appraisal District manages property assessments, typically conducting annual reappraisals to align with market values.
Parcels may be subject to various special districts, including local school districts and potential utility or emergency service districts.
Property insurance premiums in this region are influenced by North Texas severe weather patterns, including hail and wind risk.
Data retrieved from Census Reporter and US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Mainstay Farm4.319.8 mi
- Altitude Trampoline Park at Cityview4.415.3 mi
- Urban Air Trampoline and Adventure Park4.514 mi
- Chuck E. Cheese4.116.3 mi
- Urban Air Trampoline and Adventure Park4.414.7 mi
- Fort Worth Zoo4.619.9 mi
- AMC DINE-IN Clearfork 84.317.2 mi
- Mainstay Farm4.319.8 mi
- Japanese Garden4.819.9 mi
- Amon G. Carter Stadium4.718.8 mi
- Granbury City Beach Park4.411.6 mi
- Mustang Park4.410 mi
- Dutch Branch Park4.611.9 mi
- Cinergy Cinemas in Granbury4.411.8 mi
- Hunter Park4.410.7 mi
- Japanese Garden4.819.9 mi
- Log Cabin Village4.719.5 mi
- Historic Granbury Square4.811.8 mi
- Play Street Museum - Fort Worth4.916.3 mi
- Airfield Falls4.818.9 mi
- Granbury City Beach Park4.411.6 mi
- Mustang Park4.410 mi
- Dutch Branch Park4.611.9 mi
- Hunter Park4.410.7 mi
- North Holiday Park4.311.3 mi
- Stumpy's Lakeside Grill4.613 mi
- Tavern on The Lake4.515.4 mi
- Lake Granbury Marina4.713 mi
- Pecan Plantation Marina and The Pit Barbecue4.413.1 mi
- Benbrook 3 Par, Driving Range, Mini Golf & Batting Cages4.312.1 mi
- Split Rail Golf Club3.79.6 mi
- Shottenkirk Toyota of Granbury4.57.2 mi
- Shottenkirk Ford Granbury4.67.4 mi
- Granbury Nissan4.57.4 mi
- Shottenkirk Chrysler Dodge Jeep Ram Granbury4.77.3 mi
- Marshalls4.48.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional reservoir providing boating and fishing access.
Private motorsports facility and track located within the ZIP.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.