The story of this market
The typical home in ZIP 75140 sells for about $439,995, or $240 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,363 a month.
ZIP 75140 — Grand Saline
The housing market in 75140 remains stable with steady demand for affordable single-family homes. While inventory is limited, the area continues to attract buyers seeking a rural lifestyle within commuting distance of larger cities. Figures for specific metrics like active inventory and days on market are based on current local market reports.
This ZIP is ideal for families and individuals seeking a quiet, rural lifestyle with affordable housing, as well as commuters willing to trade longer drive times for more space and lower costs of living.
Median prices moved up 2.1% year over year.
Homes spend a median of 84 days on market with 6.2 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 11.8% — 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 12.0%/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 8.5%/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 75140
Crime rates in the Grand Saline area are generally lower than the national average, with property crime being the primary concern in this rural setting.
The area is primarily served by the Grand Saline Independent School District, which is characterized by small class sizes and a community-focused educational environment.
The region is subject to standard Texas weather risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas near creeks.
Economic momentum is driven by local manufacturing and agricultural support services, with steady residential growth as commuters seek more affordable housing options outside the Dallas-Fort Worth metroplex.
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).
Commuters typically drive to employment hubs in Tyler or the eastern edge of the Dallas-Fort Worth metroplex, with travel times often exceeding 45-60 minutes.
Local amenities include Grand Saline City Park and proximity to various fishing lakes and rural trails, with basic shopping and dining available within the city limits.
The rental market is characterized by limited inventory and high demand for single-family homes, with rents remaining relatively stable compared to urban centers.
The local economy is anchored by manufacturing, agriculture, and retail services, with many residents commuting to larger regional employment centers.
Transportation is primarily reliant on personal vehicles, with US Highway 80 serving as the main artery for regional travel.
Development is focused on low-density residential expansion and small-scale commercial projects along the main highway corridor.
The Van Zandt County Appraisal District manages property assessments, focusing on market-value appraisals for all taxable real estate.
Parcels are subject to Grand Saline ISD taxes and various county-level special districts for emergency and utility services.
Property insurance premiums are influenced by regional weather risks, with competitive rates available through various state-admitted carriers.
Data retrieved from US Census Bureau ACS tables for ZCTA 75140.
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. Source: NCES EDGE public school locations 2023-24.
Provides local recreational space and community facilities.
A unique local landmark highlighting the history of the salt industry in the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.