Texas

Washington County

ZIP 78932

36,156 residents205 permits TTM$75,085 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$270,100

ACS 5-Year

Cap rate proxy

4.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.4%

HUD FMR ÷ ACS HHI

Net migration

+1.65%

IRS SOI

Permits (TTM)

205

Census BPS

Climate risk

72.0

FEMA NRI (0–100)

ZIP 78932

Median home value

Gross yield

Cap rate

4.8%

Rent gap

Affordability

P/I: 8.7R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown5 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
778335.4%
789324.8%
778802.5%
778352.4%
774262.1%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

73.1%

Census ACS

Vacancy rate

12.1%

Census ACS

Bachelor's degree +

31.0%

Census ACS

Rent burdened

38.8%

Census ACS (>30% income)

Median age

40.9

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026