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Homestead Meadows North CDP, TX

ZIP 79938 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 79938

Median Home Value
$199,700
Median Rent
$1,234
Affordability Snapshot
$55,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,283/mo PITI).

20%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.5 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 79938 in Homestead Meadows North CDP, TX, a household would need roughly $55,000 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 $1,283. That sits below the local median household income ($75,801), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
81.2%+24% vs US avg
x
Vacancy Rate
4.0%-62% vs US avg
x
Broadband Access
94.2%+8% vs US avg
x
4+ Bedrooms
3.1%-79% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
3.3%-53% vs US avg
x
Rent Burden >30%
16.7%-66% vs US avg
x
Mortgage-Free
28.5%-25% vs US avg
x
$199,700
Home Value
$1,234
Rent
2010
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached84.3%
  • 1-unit attached1.5%
  • 2-9 units5.2%
  • 10+ units1.9%
  • Mobile home & other7.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$199,700
Median rent$1,234
Owner-occupied81.2%
Vacant4.0%
Price-to-income2.6x
Est. income to buy$55,000