The story of this market
The typical home in ZIP 79843 sells for about $425,000.
Homes take about 178 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $477 a month.
ZIP 79843 — Marfa
The Marfa, TX market is a unique, arts-focused desert destination with tight housing supply. While it maintains price stability compared to high-growth Texas metros, high entry prices relative to local income create an affordability gap. Demand is sustained by its identity as a cultural hub.
This area fits investors and second-home buyers interested in the arts and desert culture. It is less ideal for commuters due to extreme geographic isolation.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 178 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 17.0% — a stable, low-distress profile.
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 -3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 79843
Reported crime trends are consistent with a small, rural, and isolated town. Marfa generally sees low rates of violent crime, largely owing to its low population density and remote location.
The area is served by Marfa Independent School District, which is characterized by smaller student populations and mixed performance ratings.
The region faces risks typical of West Texas, including extreme heat, aridity, and high wind events. Wildfire and flood risks are managed through regional planning, though the primary climate challenge remains water scarcity.
Economic momentum is driven primarily by tourism, the arts, and the retail/hospitality sectors. Infrastructure investment is limited but focused on maintaining the town's historic and cultural character.
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).
Extremely long commutes are common due to the remoteness of the region. Most internal travel is by personal vehicle.
Proximity to Big Bend National Park and desert art installations like the Chinati Foundation are primary drivers. Shopping and dining are centralized within the town of Marfa.
The rental market has a highly limited supply. The market is tight due to seasonal and short-term rental usage.
The economy is highly dependent on tourism, the arts, and seasonal hospitality.
There are no major large-scale industrial or commercial developments; focus remains on small-scale, local-character maintenance.
The area includes the Big Bend Regional Hospital District and Marfa Independent School District.
The area has a high-risk designation for wildfire and wind, and insurance premiums can be elevated compared to the national average.
Data retrieved from census.gov and local market reports.
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.
- The Sentinel Marfa4.313.6 mi
- The Chinati Foundation4.213.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Contemporary art museum founded by Donald Judd.
Public viewing area for the mysterious Marfa lights.
Centralized district featuring historic architecture and local businesses.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.