The story of this market
The typical home in ZIP 79056 sells for about $145,000, or $112 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 79056 — Lipscomb
The housing market in 79056 remains stable and quiet, characterized by low inventory and modest price appreciation. Market activity is driven by local demand rather than speculative investment, resulting in a balanced environment for buyers and sellers. The lack of new development and the rural nature of the area keep the market insulated from broader regional volatility.
This ZIP is best suited for local families, retirees, and individuals seeking a quiet, rural lifestyle. It is less appropriate for commuters or those requiring proximity to major urban amenities.
Median prices moved up 3.2% year over year.
Homes spend a median of 88 days on market with 4.7 months of supply — a balanced-paced market.
12% 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 3.8% · poverty 11.2% — 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 4.6%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 79056, Lipscomb County TX
Crime rates in this rural area are generally low compared to state and national averages, with property crime being the primary concern. Local law enforcement reports stable trends with no significant spikes in violent activity.
Schools serving this area are part of a small rural district that provides basic educational services with limited extracurricular offerings. Performance metrics are generally consistent with regional rural school averages.
The area faces moderate risk from wind and occasional severe thunderstorms, with standard insurance coverage typically available. Flood risk is generally low, though localized drainage issues can occur during heavy rainfall.
Economic momentum is modest, driven primarily by local agriculture and small-scale service industries. There is limited new commercial development, with infrastructure focused on maintaining existing rural road networks.
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).
Commutes are primarily by private vehicle, with most residents traveling to nearby small towns for employment. There is no public transit infrastructure available in this rural ZIP code.
Recreational opportunities are centered on outdoor activities, including local parks and access to regional hunting and fishing areas. Shopping and dining options are limited, requiring travel to larger neighboring towns.
The rental market is small and characterized by low turnover, with most inventory consisting of single-family homes. Vacancy pressure is low, and there is minimal short-term rental activity.
The economy is heavily reliant on the agricultural sector, including ranching and crop production. Employment is largely localized within small businesses and county government services.
Transportation is entirely dependent on private vehicles, with no public transit or major highway corridors passing through the immediate area. Road maintenance is managed by the county.
There are no major commercial or residential developments currently approved or under construction in this ZIP code. Planning is focused on long-term maintenance of existing infrastructure.
The Lipscomb County Appraisal District manages assessments, focusing on agricultural valuations and standard residential property tax rolls.
Parcels are subject to standard county, school district, and local utility district taxes. There are no complex MUD or PID structures in this area.
Property insurance remains available, though premiums have seen moderate increases due to regional weather risks. Market health is stable with standard coverage options.
Net domestic migration is relatively flat, with a slight trend of younger residents moving to larger urban centers for employment. The population remains stable due to long-term residency.
Texas is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults. Notice periods and redemption rights are governed by state property code.
Sellers are required to provide a standard Seller's Disclosure Notice detailing the condition of the property. This must be provided to the buyer prior to the execution of a binding contract.
Data retrieved from data.census.gov 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.
Provides basic outdoor space and community gathering areas.
Serves as the primary venue for local events and meetings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.