The story of this market
The typical home in ZIP 75973 sells for about $98,400, or $85 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $552 a month.
ZIP 75973 — Shelbyville
The housing market in 75973 remains stable with low transaction volume and modest price appreciation. Affordability remains a significant challenge for the local population, driven by low median household incomes and limited economic growth. The market is characterized by a high poverty rate and a reliance on older housing stock.
This area is best suited for retirees, long-term residents, and those seeking a low cost of living in a rural setting.
Median prices moved up 2.1% year over year.
Homes spend a median of 120 days on market with 6.2 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.9% · poverty 46.0% — elevated distress and economic pressure.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 75973, San Augustine County TX
Local schools are primarily served by the San Augustine Independent School District, which faces challenges typical of rural East Texas districts.
The area is subject to standard East Texas weather risks, including heavy rainfall and potential wind damage; flood insurance is recommended for low-lying parcels.
Economic momentum is limited, with the local economy primarily driven by agriculture, timber, and local government services.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuting is primarily car-dependent, with residents typically traveling to nearby regional hubs for employment.
The area offers access to outdoor recreation including nearby national forests, fishing, and local community parks.
The rental market is characterized by low inventory and high demand for affordable housing, with limited new multi-family development.
The economy is anchored by agriculture, timber production, and public sector employment.
Transportation is entirely reliant on personal vehicles, with no public transit infrastructure available.
There are no major large-scale commercial or residential developments currently under construction.
The San Augustine County Appraisal District manages property assessments for all taxing jurisdictions within the county.
Parcels are subject to school district taxes and county-level levies for emergency services and road maintenance.
Property insurance premiums are influenced by regional wildfire and windstorm risk profiles common to East Texas.
Texas is a non-judicial foreclosure state with relatively short timelines for lenders to initiate proceedings.
Texas law requires sellers to provide a written disclosure notice regarding the condition of the property.
Data retrieved from Census Bureau ACS 2024 profiles for ZCTA 75973.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community green space.
Major regional destination for fishing and boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.