The story of this market
The typical home in ZIP 76123 sells for about $335,000, or $163 per square foot.
Prices are down 2.9% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,234 a month.
ZIP 76123 — Fort Worth
The 76123 housing market is currently experiencing a cooling trend with median prices down 2.9% year-over-year. Limited inventory and shifting buyer sentiment have contributed to a slower pace of sales. Several metrics, including specific school ratings and detailed tax history, were not determinable at the ZIP level from current public sources.
This ZIP is ideal for family buyers and commuters seeking a balance of suburban lifestyle, access to quality schools, and reasonable proximity to the Fort Worth metro employment centers.
Median prices moved down 2.9% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.2% — 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 6.8%/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 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 76123, Tarrant County TX
The area is served by well-regarded public schools within the Fort Worth Independent School District, which families often cite as a primary draw for the neighborhood.
The region is subject to standard North Texas climate risks, including severe thunderstorms and occasional hail, with property insurance premiums reflecting these regional hazard profiles.
The area benefits from its proximity to the broader Fort Worth employment core, with ongoing residential development and infrastructure improvements supporting steady growth.
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). City (Fort Worth, Texas) — City of Fort Worth Property Tax: The tax rate is $0.7020 per $100 of assessed valuation. The tax is calculated by multiplying the assessed value of the property (after applicable exemptions) by the tax rate divided by 100.
Residents typically face a 25-30 minute commute to the Fort Worth employment core, primarily utilizing major highway corridors.
The ZIP features numerous local parks and recreational facilities, with convenient access to shopping and dining districts within a 3-mile radius.
The rental market is robust with high demand for single-family rentals, supported by the area's family-oriented amenities and proximity to major employment hubs.
The local economy is anchored by the broader Dallas-Fort Worth-Arlington metro area, with a diverse mix of industries including aerospace, logistics, and healthcare.
The area is primarily served by major highway corridors facilitating access to the wider Fort Worth metropolitan region.
Ongoing residential development continues to expand the housing stock, with local planning focused on maintaining suburban infrastructure.
Tarrant Appraisal District manages property assessments, utilizing annual market value updates to determine tax liabilities.
Parcels are subject to Tarrant County property taxes, Fort Worth ISD school taxes, and various municipal utility district assessments where applicable.
Property insurance premiums are influenced by regional exposure to severe weather events, including wind and hail, common in North Texas.
Data retrieved from data.census.gov ZCTA 76123 profile.
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.
- PEPPA PIG Theme Park Dallas-Fort Worth4.119.4 mi
- Malibu Jack's North Richland Hills4.318.7 mi
- NRH2O Family Water Park4.519.6 mi
- Andretti Indoor Karting & Games Fort Worth4.319.4 mi
- Mainstay Farm4.310.8 mi
- AT&T Stadium4.719.4 mi
- Globe Life Field4.719.8 mi
- Dickies Arena4.68.5 mi
- Fort Worth Zoo4.67.4 mi
- Billy Bob's Texas4.512.1 mi
- Fort Worth Stockyards4.812 mi
- Fort Worth Zoo4.67.4 mi
- Fort Worth Stockyards Station4.712 mi
- Fort Worth Water Gardens4.69.6 mi
- Fort Worth Botanic Garden4.78.5 mi
- Fort Worth Stockyards4.812 mi
- Fort Worth Botanic Garden4.78.5 mi
- Fort Worth Museum of Science and History4.48.7 mi
- Kimbell Art Museum4.89 mi
- Japanese Garden4.88.1 mi
- Fort Worth Water Gardens4.69.6 mi
- Fort Worth Botanic Garden4.78.5 mi
- Dream Park Playground4.78.6 mi
- Japanese Garden4.88.1 mi
- Trinity Park4.78.8 mi
- Topgolf Fort Worth4.410.9 mi
- Pecan Valley Golf Course44.3 mi
- Tierra Verde Golf Club4.411.9 mi
- Ridglea Country Club - North4.67.4 mi
- Rockwood Park Golf Course4.210.8 mi
- La Gran Plaza de Fort Worth4.36 mi
- Hulen Mall4.34.1 mi
- Fort Worth Stockyards Station4.712 mi
- WinCo Foods4.42.5 mi
- Sundance Square4.69.9 mi
- Dallas Fort Worth International Airport4.127.7 mi
- Arlington Memorial Hospital Heliport4.418.3 mi
- Capital One Lounge at DFW427.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Multiple neighborhood parks providing hiking, biking, and picnic areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Governs Parkview Hills
Governs Keller Crossing
Governs Mira Vista
Governs Saratoga
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.