The story of this market
The typical home in ZIP 78583 sells for about $296,000, or $85 per square foot.
Prices are roughly flat from a year ago (-0.86%), a market in balance. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,600 a month.
ZIP 78583 — Rio Hondo
The housing market in the 78583 area remains stable, reflecting broader trends in Cameron County where median listing prices hover near $296,000. Market activity is influenced by regional economic shifts, though specific ZIP-level inventory and sales data are limited.
This ZIP is well-suited for families and individuals seeking a quieter, rural lifestyle with proximity to the amenities of the Rio Grande Valley.
Median prices moved down 0.9% year over year.
Homes spend a median of 78 days on market with 0.0 months of supply — a balanced-paced 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) — a stable, low-distress profile.
The area is influenced by regional economic activity in Cameron County, including the expansion of the aerospace sector near the coast.
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 rely on personal vehicles for commuting to employment hubs in Rio Hondo and the broader Brownsville-Harlingen metropolitan area.
The area features access to the Arroyo Colorado for fishing and boating, with proximity to local parks and rural outdoor spaces.
The rental market is characterized by a mix of single-family homes and rural housing, with limited high-density inventory.
The local economy is driven by agriculture, regional trade, and proximity to the industrial and aerospace developments in the Brownsville-Harlingen MSA.
Transportation is primarily served by regional highway corridors connecting Rio Hondo to larger cities in Cameron County.
The Cameron County Appraisal District manages property assessments for all parcels within the county, including those in 78583.
Parcels in this ZIP are subject to local school district taxes and county-level assessments.
Property insurance in this region is influenced by coastal windstorm exposure and flood risk management protocols.
Data sourced from regional income statistics and county-level housing reports.
- Urban Air Trampoline and Adventure Park4.316 mi
- Bobz World4.314.2 mi
- Xtreme Jump San Benito4.312.8 mi
- Chuck E. Cheese4.316.3 mi
- Stefano's Brooklyn Pizza4.417.3 mi
- Harlingen Convention Center4.715.8 mi
- Golden Corral Buffet & Grill4.515.4 mi
- The Broken Sprocket4.719.3 mi
- Bobby Morrow Stadium4.613.6 mi
- Laguna Atascosa National Wildlife Refuge4.68.8 mi
- Adolph Thomae Jr County Park4.56.6 mi
- Hugh Ramsey Nature Park4.612.8 mi
- Pendleton Park4.612.8 mi
- Harlingen Arts and Heritage Museum4.712.1 mi
- Palo Alto Battlefield National Historical Park4.617.7 mi
- Bobz World4.314.2 mi
- South Texas EcoTourism Center4.816.8 mi
- Harlingen Arts and Heritage Museum4.712.1 mi
- Harlingen Cultural Arts Center4.513.8 mi
- Laguna Atascosa National Wildlife Refuge4.68.8 mi
- Adolph Thomae Jr County Park4.56.6 mi
- Hugh Ramsey Nature Park4.612.8 mi
- Pendleton Park4.612.8 mi
- Funeraria Del Angel Mont Meta & Memorial Park4.79.2 mi
- Port Mansfield Marina4.519.9 mi
- Port Mansfield Harbor4.619.7 mi
- Treasure Hills Golf Club4.211.8 mi
- Valley International Airport4.511.7 mi
- Brownsville South Padre Island International Airport4.325.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major waterway providing opportunities for fishing, boating, and wildlife observation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.