76226, Argyle, TX

The 76226 zip code of Argyle, TX has a median home value of $128,000 and a median home equity value of $122,000. The homeownership rate in the 76226 zip code is 68%. The percentage of homes that are owner-occupied is higher than the national average. This may be due to the relatively low cost of living in Argyle or the high level of home ownership among its residents.

The average monthly mortgage payment for a home in the 76226 zip code is $1,521. The average annual property tax bill for a home in this zip code is $2,871. These figures indicate that homeowners in the 76226 zip code are likely paying more than their fair share for government services and taxes relative to their peers nationwide.

Despite these high costs, homeownership rates and home values remain high in Argyle because there are few alternatives available to residents. In addition, many people who live in Argyle own their homes outright rather than using mortgages or other forms of financing. This may be because there are not many opportunities available to them elsewhere in Texas or because they believe that owning a home is an important part of achieving success in life.