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Northlake town, TX

ZIP 76247 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 76247

Median Home Value
$372,700
Median Rent
$1,615
Affordability Snapshot
$103,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,394/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 76247 in Northlake town, TX, a household would need roughly $103,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,394. That sits below the local median household income ($123,173), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics

Newer development area (19% built after 2014)

Owner Occupied
83.3%+27% vs US avg
x
Vacancy Rate
5.2%-49% vs US avg
x
Broadband Access
95.6%+10% vs US avg
x
4+ Bedrooms
9.2%-38% vs US avg
x
Built Pre-1939
0.2%-98% vs US avg
x
Built Post-2014
18.6%+170% vs US avg
x
Rent Burden >30%
7.5%-85% vs US avg
x
Mortgage-Free
23.3%-39% vs US avg
x
$372,700
Home Value
$1,615
Rent
2009
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached82.4%
  • 1-unit attached1.0%
  • 2-9 units1.1%
  • 10+ units3.7%
  • Mobile home & other11.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$372,700
Median rent$1,615
Owner-occupied83.3%
Vacant5.2%
Price-to-income3.0x
Est. income to buy$103,000