The story of this market
The typical home in ZIP 76040 sells for about $366,900, or $226 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 76040
The housing market in 76040 remains stable with steady demand and moderate price appreciation. Inventory levels are tight, which continues to support home values despite higher interest rates. Most figures are sourced from local market reports; some specific metrics like exact active inventory counts are estimated based on current listing activity.
This ZIP is ideal for commuters and families seeking a central location within the DFW metroplex, offering a balance of affordability and access to major employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 35 days on market with 2.8 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.5% — a stable, low-distress profile.
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 9.3%/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 8.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 76040, Tarrant County TX
Crime rates in the Euless area are generally consistent with regional averages for Tarrant County, with property crime being the primary concern.
Schools serving the area are primarily part of the Hurst-Euless-Bedford ISD, which is widely recognized for high academic performance and strong extracurricular programs.
The area is subject to standard North Texas climate risks, including severe thunderstorms and occasional hail, with flood risk concentrated in specific low-lying zones near the Trinity River basin.
Economic momentum is driven by proximity to DFW International Airport and major corporate headquarters in the Mid-Cities region, supporting steady demand for residential housing.
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).
Residents benefit from central access to the DFW metroplex via State Highway 183 and Highway 360, providing efficient transit to both Dallas and Fort Worth employment hubs.
The area features extensive local park systems, including the Euless Founders Plaza and nearby trails, with convenient access to shopping and dining along the Highway 183 corridor.
The rental market is characterized by moderate vacancy pressure and steady demand from commuters, with a mix of apartment complexes and single-family rental homes.
The local economy is heavily influenced by the aviation and logistics sectors due to the proximity of DFW International Airport, alongside a diverse mix of retail and service-based employers.
The area is served by a robust network of highways, including SH 183 and SH 360, facilitating regional connectivity.
Development is largely focused on the revitalization of commercial corridors and the addition of high-density residential units near major transit arteries.
The Tarrant Appraisal District manages property assessments, utilizing mass appraisal techniques to determine market values for tax purposes.
Parcels are subject to taxes from the Hurst-Euless-Bedford ISD, Tarrant County, and various municipal utility districts.
Property insurance premiums in the region have seen upward pressure due to increased frequency of severe weather events, particularly hail and wind damage.
Texas continues to experience strong net domestic migration, driven by corporate relocations and a relatively low cost of living compared to coastal states.
Texas operates under a non-judicial foreclosure process, allowing for relatively expedited timelines for lenders to recover collateral in the event of default.
Texas law requires sellers to provide a written disclosure notice to buyers, detailing the condition of the property and any known defects.
Data retrieved from US Census Bureau ACS tables for ZCTA 76040.
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.
- Six Flags Over Texas4.34.9 mi
- Great Wolf Lodge | Grapevine4.18.7 mi
- Traders Village Grand Prairie4.59.2 mi
- Meow Wolf Grapevine's The Real Unreal4.410.7 mi
- Epic Waters Indoor Waterpark4.49.2 mi
- AT&T Stadium4.75.1 mi
- Six Flags Over Texas4.34.9 mi
- American Airlines Center4.617.2 mi
- Globe Life Field4.75.2 mi
- Dickies Arena4.616.4 mi
- AT&T Stadium4.75.1 mi
- Six Flags Over Texas4.34.9 mi
- Great Wolf Lodge | Grapevine4.18.7 mi
- Meow Wolf Grapevine's The Real Unreal4.410.7 mi
- Toyota Music Factory4.59.9 mi
- Fort Worth Stockyards4.814.3 mi
- Perot Museum of Nature and Science4.717.4 mi
- Dallas Museum of Art4.717.7 mi
- Meow Wolf Grapevine's The Real Unreal4.410.7 mi
- Fort Worth Botanic Garden4.716.1 mi
- Epic Central Park4.89.5 mi
- River Legacy Parks4.82.2 mi
- EpicCentral4.79.3 mi
- Grapevine Botanical Garden at Heritage Park4.68.1 mi
- Bear Creek Park4.711 mi
- Euless Yacht Club4.42 mi
- Topgolf Fort Worth4.412.9 mi
- Bear Creek Golf Club4.13.9 mi
- Sky Creek Ranch Golf Club4.39.4 mi
- Las Colinas Country Club4.69.5 mi
- Waterchase Golf Club4.74.9 mi
- Grapevine Mills4.510.6 mi
- Grand Prairie Premium Outlets4.410.2 mi
- The Parks Mall at Arlington4.49.8 mi
- Traders Village Grand Prairie4.59.2 mi
- North East Mall4.35.6 mi
- Dallas Fort Worth International Airport4.16.2 mi
- Dallas Love Field4.414.9 mi
- Arlington Memorial Hospital Heliport4.45 mi
- Capital One Lounge at DFW46.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A community park featuring walking paths and green space.
A major mixed-use development with retail, dining, and entertainment options.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).