The story of this market
The typical home in ZIP 77473 sells for about $450,000, or $215 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 77473 — San Felipe
The housing market in 77473 is characterized by low inventory and slow turnover, typical of a rural, semi-isolated community. Prices have seen modest appreciation, driven by spillover demand from the expanding western Houston suburbs, though the market remains stable rather than speculative.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle who are willing to commute to the western suburbs of Houston for work and amenities.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 6.5 months of supply — a balanced-paced market.
12% 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 3.5% · poverty 9.0% — 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 7.0%/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 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 77473, Austin County TX
Crime rates in San Felipe are generally low, consistent with the rural character of Austin County and significantly lower than the regional averages found in the Greater Houston metropolitan area.
Schools serving the area are primarily part of the Bellville Independent School District, which is characterized by small-town community support and moderate academic performance ratings.
The area is subject to flood risks associated with the Brazos River basin, requiring many property owners to maintain flood insurance; wildfire risk is considered low to moderate.
Economic momentum is driven by proximity to the Katy and West Houston employment corridors, though the immediate area remains largely agricultural and residential with limited large-scale commercial development.
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).
Commuting typically requires personal vehicle travel via I-10, with residents often driving 30-45 minutes to reach major employment hubs in Katy or the Energy Corridor.
Recreation is centered on outdoor activities, including access to the Brazos River for fishing and boating, and proximity to local parks and historic sites in the San Felipe de Austin State Historic Site.
The rental market is limited in depth, consisting mostly of single-family homes; vacancy pressure is low due to the scarcity of available rental inventory.
The local economy is primarily agricultural and service-oriented, with many residents employed in the nearby Katy and Houston energy and professional services sectors.
Transportation is entirely dependent on private vehicles, with I-10 serving as the primary artery for regional connectivity.
There are no major high-density developments currently approved or under construction within the ZIP code boundaries.
The Austin Central Appraisal District manages property assessments for the county, utilizing market-based valuation methods for residential parcels.
Parcels are subject to Austin County taxes, Bellville ISD, and various emergency service districts.
Property insurance premiums are influenced by flood zone designations and the proximity to the Brazos River, with market health remaining stable but sensitive to regional weather events.
Data retrieved from data.census.gov ZCTA 77473 profile.
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.
- Dewberry Farm4.110.5 mi
- Typhoon Texas Waterpark Houston4.317.9 mi
- Andretti Indoor Karting & Games Katy4.119.9 mi
- Slick City Action Park4.317.6 mi
- Dig World4.617.6 mi
- Dewberry Farm4.110.5 mi
- Andretti Indoor Karting & Games Katy4.119.9 mi
- Home Run Dugout4.620 mi
- PopStroke4.619.8 mi
- Legacy Stadium4.717.7 mi
- Play Street Museum - Katy4.717.8 mi
- San Felipe de Austin State Historic Site4.80.6 mi
- The Johnny Nelson Katy Heritage Museum4.716.5 mi
- MKT Railroad Museum4.616.8 mi
- A.R TATTOOS519.8 mi
- Stephen F. Austin State Park4.61.6 mi
- B&PW PARK4.44.2 mi
- Discovery Park4.48.7 mi
- Brookshire Brothers4.19.3 mi
- DG Market3.98.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A significant historical landmark detailing the site of the original colony of Stephen F. Austin.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.