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Iowa Colony village, TX

ZIP 77583 — 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 77583

Median Home Value
$298,000
Median Rent
$1,156
Affordability Snapshot
$82,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,914/mo PITI).

13%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.5 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 77583 in Iowa Colony village, TX, a household would need roughly $82,000 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 $1,914. That sits below the local median household income ($107,510), 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

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
92.1%+41% vs US avg
x
Vacancy Rate
10.0%-3% vs US avg
x
Broadband Access
94.9%+9% vs US avg
x
4+ Bedrooms
11.4%-23% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
8.7%+25% vs US avg
x
Rent Burden >30%
20.9%-58% vs US avg
x
Mortgage-Free
29.5%-23% vs US avg
x
$298,000
Home Value
$1,156
Rent
2011
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached83.5%
  • 1-unit attached4.6%
  • 2-9 units0.3%
  • 10+ units1.0%
  • Mobile home & other10.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$298,000
Median rent$1,156
Owner-occupied92.1%
Vacant10.0%
Price-to-income2.8x
Est. income to buy$82,000