The story of this market
The typical home in ZIP 76424 sells for about $192,000, or $115 per square foot.
Prices are up +16.4% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 76424 — Breckenridge
The Breckenridge housing market remains stable with modest price appreciation and low inventory levels. Market activity is driven by local demand and limited new construction, keeping the area affordable compared to larger Texas metros.
This area is best suited for families and retirees seeking a quiet, rural lifestyle with affordable housing options and proximity to outdoor recreation.
Median prices moved up 16.4% year over year.
Homes spend a median of 88 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 15.0% — 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 8.1%/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 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 76424, Stephens County TX
Crime rates in Breckenridge are generally lower than the national average, with property crime being the most frequently reported incident type in the region.
Schools in the area are primarily served by the Breckenridge Independent School District, which maintains a stable academic reputation within the rural Stephens County context.
The area faces moderate risks related to wildfire and occasional severe wind events, typical of the North Central Texas plains.
Economic momentum is driven by the energy sector, agriculture, and local government services, with limited large-scale industrial development currently underway.
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).
Commuting is primarily car-dependent, with residents typically traveling to local employment hubs within Breckenridge or to larger regional centers like Abilene or Weatherford.
The area features access to Lake Hubbard Creek for fishing and boating, alongside local municipal parks and community sports facilities.
The rental market is characterized by limited inventory and steady demand, with a mix of single-family homes and small multi-family units.
The local economy is anchored by the oil and gas industry, agriculture, and public sector employment, including the school district and county government.
Transportation is dominated by private vehicle use, with US Highway 180 serving as the primary corridor for regional connectivity.
Development is currently focused on small-scale residential infill and maintenance of existing commercial infrastructure.
The Stephens County Appraisal District manages property assessments, focusing on annual market value adjustments for all taxable parcels.
Parcels are subject to levies from the Breckenridge ISD, Stephens County, and the City of Breckenridge, with no major MUDs reported.
Property insurance premiums are influenced by regional weather patterns, including hail and wind risk, leading to moderate cost pressures.
Data retrieved from data.census.gov ZCTA-level tables.
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.
Major reservoir providing fishing, boating, and recreational opportunities.
Central community space with picnic areas and playgrounds.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.