The story of this market
The typical home in ZIP 76462 sells for about $477,000, or $226 per square foot.
Prices are up +36.5% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,800 a month.
ZIP 76462 — Lipan
The 76462 housing market shows significant price appreciation over the last year, with a median price of $477,000. Many specific metrics such as months of supply, sale-to-list ratio, and tax rates are not currently published at the ZIP level. The area is characterized by a family-oriented demographic and a relatively low population density.
This area is primarily suited for families, as it features a large population of children and a high concentration of residents in their late 20s to early 40s.
Median prices moved up 36.5% year over year.
Homes spend a median of 57 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — 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 10.5%/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 9.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 76462
Lipan maintains a rural safety profile with crime rates significantly lower than the regional average for the Dallas-Fort Worth metroplex. Reported incidents are primarily property-related, with violent crime remaining rare.
The area is served by Lipan ISD, which is highly regarded for its small class sizes and strong academic performance relative to state averages. The district is a central pillar of the community's identity.
The region faces moderate risks from severe thunderstorms and occasional high winds, typical of North Texas. Flood risk is generally low, though localized drainage issues can occur in low-lying rural tracts.
Economic momentum is driven by the expansion of the DFW metroplex, with residents increasingly commuting to jobs in Granbury and Weatherford. Infrastructure development remains focused on maintaining rural road connectivity while supporting modest residential 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).
Commutes are primarily car-dependent, with residents traveling via US Highway 281 and FM roads toward employment hubs in Granbury, Weatherford, and the broader Fort Worth area.
The area offers access to rural outdoor activities, including proximity to the Brazos River and local community parks. Shopping and dining options are limited within the ZIP, requiring travel to nearby larger towns.
The rental market is limited in depth, consisting primarily of single-family homes and rural properties. Vacancy pressure is low due to the scarcity of rental inventory, and short-term rentals are not a significant market factor.
The local economy is anchored by agriculture, education, and small-scale service businesses. Many residents participate in the broader regional economy of the Dallas-Fort Worth metroplex.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure available. The area relies on state and county highways for connectivity.
Development is primarily focused on low-density residential subdivisions and agricultural land preservation. There are no major commercial or high-density projects currently approved.
The county appraisal districts utilize mass appraisal techniques to determine market value for tax purposes, with annual updates based on local sales data.
Parcels are subject to school district taxes, county taxes, and potential special utility or emergency service district assessments.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk. Market health is stable, though costs have trended upward due to regional claims history.
The area is experiencing modest net in-migration as residents seek more affordable, spacious living options outside the dense urban core.
Texas operates as a non-judicial foreclosure state, allowing for relatively efficient processes for lenders, though homeowners retain specific notice rights.
Sellers are required to provide a standard Seller's Disclosure Notice detailing the condition of the property, including known defects and repairs.
Data sourced from ACS and Census Bureau tables for ZCTA 76462.
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.
- Warrens Backyard4.716.5 mi
- Granbury Opera House4.817.4 mi
- Farina's Winery & Cafe Granbury4.317.3 mi
- Eighteen Ninety Grille and Lounge4.717.4 mi
- Silver Saddle Saloon4.617.4 mi
- Historic Granbury Square4.817.4 mi
- Crazy Water Company4.820 mi
- National Vietnam War Museum4.818.9 mi
- D'Vine Wine Granbury517.4 mi
- Coven Crafted Ink - Tattoo Shop4.718.6 mi
- Stumpy's Lakeside Grill4.618.1 mi
- Lake Granbury Marina4.718.1 mi
- Sugar Tree Golf Club4.59.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community space for outdoor recreation and events.
Provides regional access for fishing and outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.