Dallas-Fort Worth-Arlington, TX · Texas
Parker County
ZIP 76487
158,079 residents370 permits TTM$102,099 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$343,600
ACS 5-Year
Cap rate proxy
6.0%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.9%
HUD FMR ÷ ACS HHI
Net migration
+3.63%
IRS SOI
Permits (TTM)
370
Census BPS
Climate risk
81.1
FEMA NRI (0–100)
ZIP 76487
Median home value
$447,147
Gross yield
6.2%
Cap rate
3.9%
Rent gap
37.9%
Affordability
P/I: 4.4R/I: —
Section 8 detail
SAFMR: $2,320Rent: $1,440Gap: 61.1%
ZIP code breakdown12 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 76086 | $272,699 | $1,660 | 7.3% | 6.4% | 12.2% |
| 76020 | $327,615 | $1,540 | 5.6% | 6.2% | -10.1% |
| 76008 | $530,694 | $2,580 | 5.8% | 5.5% | 6.0% |
| 76439 | $343,600county est. | $1,680 | 5.9% | 5.0% | 14.3% |
| 76490 | $343,600county est. | $1,080 | 3.8% | 5.0% | -33.3% |
| 76082 | $383,174 | $1,490 | 4.7% | 4.5% | 3.4% |
| 76087 | $447,037 | $1,950 | 5.2% | 4.5% | 14.9% |
| 76088 | $459,463 | $1,640 | 4.3% | 4.4% | -2.9% |
| 76066 | $425,095 | $1,110 | 3.1% | 4.1% | -29.7% |
| 76487 | $447,147 | $2,320 | 6.2% | 3.9% | 37.9% |
| 76085 | $456,348 | $1,890 | 5.0% | 3.8% | 23.8% |
| 76035 | $509,759 | $1,650 | 3.9% | 3.4% | 12.7% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
82.1%
Census ACS
Vacancy rate
7.7%
Census ACS
Bachelor's degree +
31.6%
Census ACS
Rent burdened
44.9%
Census ACS (>30% income)
Median age
39.3
Census ACS
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