The story of this market
The typical home in ZIP 79255 sells for about $136,000, or $58 per square foot.
Prices are down 20.7% from a year ago, which gives buyers more room to negotiate. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 79255 — Quitaque
The Quitaque housing market is characterized by low volume and price volatility typical of a small, isolated rural economy. Recent data shows a decline in median prices compared to the previous year, reflecting a cooling trend in the broader regional market. Demand remains limited, with properties often staying on the market for extended periods.
This ZIP is best suited for retirees, remote workers seeking a quiet rural lifestyle, or outdoor enthusiasts who prioritize proximity to Caprock Canyons over urban amenities.
Median prices moved down 20.7% year over year.
Homes spend a median of 120 days on market with 6.5 months of supply — a slower-moving market.
10% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 14.0% — 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 6.8%/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 4.6%/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 79255, Briscoe County TX
Crime rates in Quitaque are generally low, consistent with the rural nature of the Texas Panhandle and significantly lower than state and national averages.
Schools serving the area are part of the Valley Independent School District, which provides small-town educational settings with limited extracurricular variety compared to larger urban districts.
The area faces risks primarily from severe thunderstorms, high winds, and occasional flash flooding, with wildfire risk being a significant concern during dry summer months.
Economic momentum is limited, driven primarily by agriculture and local tourism associated with Caprock Canyons State Park; there is minimal large-scale industrial or corporate 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 is primarily by private vehicle, with long drive times to regional employment hubs like Amarillo or Lubbock, which are over an hour away.
The area is anchored by proximity to Caprock Canyons State Park, offering extensive hiking, biking, and wildlife viewing, while local shopping and dining options are sparse.
The rental market is very thin with limited inventory, primarily consisting of single-family homes; vacancy pressure is low due to the lack of new supply.
The local economy is heavily reliant on agriculture, ranching, and tourism related to state park visitors.
Transportation is entirely dependent on personal vehicles; there is no public transit infrastructure.
There are no major commercial or residential developments currently in the pipeline for this area.
The Briscoe County Appraisal District handles property assessments, generally reflecting conservative rural land and residential valuations.
Parcels are subject to Valley ISD taxes and local county-level special districts for emergency services and hospital support.
Property insurance premiums are rising due to regional exposure to wind, hail, and wildfire risks in the Texas Panhandle.
Net domestic migration is generally flat or slightly negative as younger residents move to larger urban centers for employment.
Texas is a non-judicial foreclosure state, allowing for relatively fast lender recovery processes.
Sellers are required to provide a standard Texas Real Estate Commission Seller's Disclosure Notice detailing the condition of the property.
Data retrieved from data.census.gov for ZCTA 79255.
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.
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional attraction featuring the official Texas State Bison Herd and extensive trail systems.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.