US5.com
  1. Home
  2. States
  3. Texas
  4. ZIP 75803
  5. Housing & Real Estate
Palestine city, TX

ZIP 75803 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 75803

Median Home Value
$197,800
Median Rent
$763
Affordability Snapshot
$54,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,271/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 75803 in Palestine city, TX, a household would need roughly $54,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,271. That is roughly in line with the local median household income ($59,947). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.6%+12% vs US avg
x
Vacancy Rate
16.3%+58% vs US avg
x
Broadband Access
84.7%-3% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
2.2%-83% vs US avg
x
Built Post-2014
3.2%-54% vs US avg
x
Rent Burden >30%
32.0%-36% vs US avg
x
Mortgage-Free
61.2%+60% vs US avg
x
$197,800
Home Value
$763
Rent
1984
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached66.3%
  • 1-unit attached2.9%
  • 2-9 units2.6%
  • 10+ units3.7%
  • Mobile home & other24.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$197,800
Median rent$763
Owner-occupied73.6%
Vacant16.3%
Price-to-income3.3x
Est. income to buy$54,000