The story of this market
The typical home in ZIP 77074 sells for about $195,000, or $185 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,570 a month.
ZIP 77074 — Houston
The 77074 housing market is currently experiencing a period of price stabilization following recent volatility. Demand remains steady, driven by the area's affordability relative to the broader Houston metro, though inventory levels are sufficient to keep price growth in check. Figures for active listings and specific price-cut percentages are not currently published at the ZIP level.
This ZIP is well-suited for budget-conscious first-time homebuyers, renters, and investors seeking proximity to major employment hubs like the Texas Medical Center. It offers a dense, urban environment with diverse housing stock ranging from mid-century single-family homes to modern apartment complexes.
Median prices moved down 2.4% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 21.5% — a mixed stability 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 5.8%/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 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 77074, Harris County TX
The area experiences crime rates typical of dense urban Houston neighborhoods, with property crime being the primary concern. Residents are encouraged to utilize local community policing resources and stay informed via Houston Police Department neighborhood reports.
Schools serving the area are part of the Houston Independent School District, with performance ratings varying significantly across individual campuses. Many families supplement public education with local charter or private options.
The ZIP code is located in a region susceptible to heavy rainfall and localized flooding, particularly near Brays Bayou. Property owners are generally advised to maintain flood insurance coverage.
Development momentum is driven by infill residential projects and proximity to the Texas Medical Center and the Westchase District. Infrastructure improvements focus on drainage and road connectivity within the Sharpstown and Brays Oaks areas.
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 benefit from direct access to the Southwest Freeway (US-59) and the Sam Houston Tollway, providing a commute to Downtown Houston or the Galleria area typically ranging from 20 to 40 minutes depending on traffic.
The area features access to community parks such as Braeburn Glen Park and proximity to the extensive Brays Bayou Greenway trail system. Shopping and dining are concentrated along the major corridors of Bellaire Boulevard and Bissonnet Street.
The rental market is highly active with a significant share of multi-family units and townhomes, catering to a transient workforce and students. Vacancy pressure remains moderate due to the high volume of available apartment inventory.
The economy is anchored by the nearby Texas Medical Center, the Westchase District, and the retail/service sectors along major thoroughfares. The area serves as a residential base for a diverse workforce employed across Houston's major industries.
The area is served by METRO bus routes providing connectivity to the regional transit network. Major highway access is provided by US-59 and the Sam Houston Tollway.
Development is primarily focused on the renovation of existing multi-family properties and small-scale residential infill. City planning efforts prioritize infrastructure resilience and commercial corridor revitalization.
The Harris Central Appraisal District (HCAD) manages property assessments for the county, utilizing mass appraisal techniques to determine market values for tax purposes.
Parcels are subject to taxes from the Houston Independent School District, Harris County, and various municipal utility districts responsible for water and sewer services.
Property insurance premiums in this area are influenced by flood risk designations and the general volatility of the Texas coastal insurance market. Many properties require separate flood insurance policies.
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Data retrieved from US Census Bureau ZCTA 77074 profiles.
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.
- Downtown Aquarium4.110.1 mi
- Cidercade Houston4.511.1 mi
- Meow Wolf Houston's Radio Tave4.411.4 mi
- Children's Museum Houston4.68 mi
- Dave & Buster's Houston - Katy Fwy4.27.1 mi
- Reliant Stadium4.66.2 mi
- Daikin Park4.710.6 mi
- Toyota Center4.610 mi
- George R. Brown Convention Center4.510.2 mi
- POST Houston4.610.4 mi
- Houston Zoo4.67.6 mi
- Houston Museum of Natural Science4.87.8 mi
- Discovery Green4.710.2 mi
- Hermann Park4.77.7 mi
- The Museum of Fine Arts, Houston4.87.8 mi
- Houston Museum of Natural Science4.87.8 mi
- POST Houston4.610.4 mi
- The Museum of Fine Arts, Houston4.87.8 mi
- Meow Wolf Houston's Radio Tave4.411.4 mi
- Children's Museum Houston4.68 mi
- Discovery Green4.710.2 mi
- Hermann Park4.77.7 mi
- MemorialPark4.86.7 mi
- Buffalo Bayou Park4.79.7 mi
- Gerald D. Hines Waterwall Park4.74.4 mi
- Topgolf Houston - Katy4.410.4 mi
- Memorial Park Golf Course and Driving Range4.57.4 mi
- East River 94.412 mi
- Wildcat Golf Club4.46.6 mi
- Puttery4.79.8 mi
- The Galleria4.54.5 mi
- Memorial City Mall4.56.3 mi
- First Colony Mall4.49.6 mi
- PlazAmericas4.11 mi
- CITYCENTRE4.66.7 mi
- George Bush Intercontinental Airport423.3 mi
- William P. Hobby Airport4.414.6 mi
- The St. James Restaurant & Cabaret3.820 mi
- Ember3.122.9 mi
- Vida Taqueria3.823 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park with green space and recreational facilities.
Extensive hike and bike trail system connecting the area to broader Houston.
Major retail hub serving the local community.
Key-figure check: median price diverges 15.4% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $225,000 (+15.4% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.