The story of this market
The typical home in ZIP 76655 sells for about $416,936, or $203 per square foot.
HUD's fair market rent for a two-bedroom is $2,350 a month.
ZIP 76655 — Lorena
The housing market in 76655 reflects a stable suburban environment with a median home price of $416,936. Specific metrics such as days on market, active inventory, and price cut percentages are not currently published at the ZIP level. The area remains a popular choice for families due to its proximity to Waco and the local school district.
This ZIP is well-suited for families and commuters seeking a suburban lifestyle with proximity to Waco, offering a balance of residential space and regional accessibility.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
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) — 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 6.2%/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 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 76655, McLennan County TX
The area is primarily served by the Lorena Independent School District, which is generally well-regarded within the region.
The area is subject to standard Texas climate risks, including potential for severe thunderstorms and wind events.
Lorena is experiencing steady growth as a residential suburb within the Waco Metropolitan Statistical Area, benefiting from its proximity to Waco's employment and infrastructure hubs.
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 primarily commute via I-35 toward Waco for employment, with most travel times reflecting a suburban-to-urban transit profile.
The area offers access to local parks and is within short driving distance of Lake Waco for water-based recreation and outdoor activities.
The rental market is characterized by single-family home offerings with limited multi-family density, reflecting a suburban residential focus.
The local economy is closely tied to the broader Waco Metropolitan Statistical Area, which features a mix of education, healthcare, and manufacturing sectors.
The area is served by the I-35 corridor, providing the primary transit link to the Waco employment core.
Development is primarily focused on low-density residential expansion consistent with the area's suburban character.
The McLennan County Appraisal District manages property assessments for all parcels within the county, including those in Lorena.
Parcels in this ZIP are subject to Lorena ISD and McLennan County tax jurisdictions.
Property insurance premiums are influenced by regional exposure to severe weather, including wind and hail risks.
Data sourced from US Census Bureau ZCTA-level tables.
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.
- Waco Surf4.319.1 mi
- Camp Fimfo Waco4.514 mi
- Hawaiian Falls Waco414.1 mi
- Urban Air Trampoline and Adventure Park4.18.6 mi
- Chuck E. Cheese3.98.7 mi
- McLane Stadium4.712.2 mi
- Camp Fimfo Waco4.514 mi
- Waco Convention Center4.512.1 mi
- Extraco Events Center4.410.1 mi
- The Backyard Bar Stage and Grill4.411.5 mi
- Dr Pepper Museum4.411.8 mi
- Cameron Park Zoo4.612.6 mi
- Silos at Magnolia4.611.6 mi
- Cinemark Waco and XD4.58.1 mi
- Mayborn Museum Complex4.811.9 mi
- Dr Pepper Museum4.411.8 mi
- Waco Mammoth National Monument4.714.8 mi
- Mayborn Museum Complex4.811.9 mi
- Mount Carmel Center4.218.4 mi
- Texas Ranger Hall of Fame & Museum4.712 mi
- Woodway Park4.69.3 mi
- Jacob's Ladder4.713 mi
- Whitehall Park4.78.1 mi
- Carleen Bright Arboretum4.78.4 mi
- Midway Park4.49.4 mi
- Lake Waco Marina & RV Park4.311.3 mi
- Topgolf Waco4.18 mi
- Cottonwood Creek Golf Course4.38 mi
- Putters: Arcade - Mini Golf - Sports Bar4.412 mi
- Bear Ridge Golf Club3.68.4 mi
- ReadyGolf511.3 mi
- Magnolia Market4.411.6 mi
- Richland Mall4.18.5 mi
- Ross Dress for Less4.27.5 mi
- Spice Village4.612 mi
- Marshalls4.37.6 mi
- Waco Regional Airport4.115.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional reservoir providing boating, fishing, and recreational space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.