The story of this market
The typical home in ZIP 76118 sells for about $379,667, or $184 per square foot.
Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $1,750 a month.
ZIP 76118 — Fort Worth
The 76118 housing market is characterized by stable demand and a mix of established and new construction homes. Specific metrics such as months of supply, price cuts, and sale-to-list ratios are not currently published at the ZIP level, limiting a granular assessment of market velocity. The area remains an attractive, relatively affordable option for commuters within the DFW metroplex.
This ZIP is well-suited for family buyers and commuters seeking established neighborhoods with convenient access to the broader DFW employment core.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 40 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 6.2% — 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 9.6%/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 9.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 76118
Crime rates in the area are generally consistent with suburban Tarrant County averages, with property crime being the primary concern. Local law enforcement maintains a visible presence, and residents typically report feeling secure in established residential neighborhoods.
Schools serving the area are primarily part of the Birdville ISD, which maintains a solid reputation for academic performance and extracurricular programming. Most campuses in the vicinity are rated as meeting or exceeding state standards.
The area is primarily at low risk for major natural disasters, though standard North Texas weather risks such as severe thunderstorms, hail, and occasional high winds apply. Flood risk is minimal for most residential parcels, and standard homeowners insurance remains widely available.
The area benefits from its proximity to the Fort Worth employment core and major logistics hubs, with steady infill development and renovation of existing housing stock. Infrastructure improvements along major corridors continue to support regional connectivity.
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). City (Fort Worth, Texas) — City of Fort Worth Property Tax: The tax rate is $0.7020 per $100 of assessed valuation. The tax is calculated by multiplying the assessed value of the property (after applicable exemptions) by the tax rate divided by 100.
The mean travel time to work for residents is approximately 25 minutes, reflecting a central location within the Dallas-Fort Worth-Arlington metro area.
The area features local parks and green spaces, with proximity to broader Fort Worth recreational amenities and shopping districts.
The rental market is characterized by steady demand from families and commuters, with a mix of single-family rentals and apartment communities. Vacancy rates remain low, and rent growth has tracked with broader regional trends.
The area benefits from the diverse industry mix of the Dallas-Fort Worth-Arlington metro area, including major sectors like aerospace, logistics, and technology.
The area is served by major highway corridors providing access to the wider Fort Worth and Dallas employment centers.
Development is primarily focused on residential infill and the modernization of existing commercial corridors to support a growing population.
The Tarrant Appraisal District manages property assessments, utilizing annual market value updates to determine tax liabilities for all parcels.
Parcels are subject to taxes from the Birdville ISD, Tarrant County, and the City of Richland Hills, with potential additional levies for local utility or flood control districts.
Property insurance premiums are influenced by regional weather patterns, with standard coverage readily available for residential properties.
Data retrieved from Census Reporter and ACS 5-year estimates.
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 Texas4.36.3 mi
- Great Wolf Lodge | Grapevine4.112.5 mi
- Traders Village Grand Prairie4.59.6 mi
- Meow Wolf Grapevine's The Real Unreal4.414.5 mi
- Epic Waters Indoor Waterpark4.410.2 mi
- AT&T Stadium4.75.5 mi
- Six Flags Over Texas4.36.3 mi
- Globe Life Field4.75.9 mi
- Dickies Arena4.611.8 mi
- Fort Worth Zoo4.611.6 mi
- AT&T Stadium4.75.5 mi
- Six Flags Over Texas4.36.3 mi
- Fort Worth Stockyards4.810.1 mi
- Fort Worth Zoo4.611.6 mi
- Great Wolf Lodge | Grapevine4.112.5 mi
- Fort Worth Stockyards4.810.1 mi
- Meow Wolf Grapevine's The Real Unreal4.414.5 mi
- Fort Worth Botanic Garden4.711.6 mi
- Fort Worth Museum of Science and History4.411.8 mi
- Kimbell Art Museum4.811.5 mi
- Fort Worth Water Gardens4.69.3 mi
- Fort Worth Botanic Garden4.711.6 mi
- Epic Central Park4.810.6 mi
- River Legacy Parks4.83.4 mi
- Dream Park Playground4.711.2 mi
- Euless Yacht Club4.46.6 mi
- Topgolf Fort Worth4.48.3 mi
- Bear Creek Golf Club4.18.4 mi
- Sky Creek Ranch Golf Club4.39.5 mi
- Waterchase Golf Club4.72 mi
- Texas Rangers Golf Club4.34.2 mi
- Grand Prairie Premium Outlets4.410.3 mi
- H-E-B4.611.7 mi
- La Gran Plaza de Fort Worth4.311.2 mi
- The Parks Mall at Arlington4.47.9 mi
- Traders Village Grand Prairie4.59.6 mi
- Dallas Fort Worth International Airport4.110.6 mi
- Dallas Love Field4.419.3 mi
- Arlington Memorial Hospital Heliport4.44.3 mi
- Capital One Lounge at DFW410.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Neighborhood-level green spaces and parks serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Governs Parkview Hills
Governs Keller Crossing
Governs Mira Vista
Governs Saratoga
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.