Lacy-Lakeview, TX—76705
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lacy-Lakeview, TX
As of Oct '25, the median home price in Lacy-Lakeview, TX is $204,000, with a year-over-year change of -3.7%. This indicates that home prices in Lacy-Lakeview, TX are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $204,000 | -3.7% |
| Single Family | $204,000 | -3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $111,000 | -9.8% |
2 Bed | $125,000 | -9.4% |
3 Bed | $211,000 | -2.8% |
4 Bed | $310,000 | -1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lacy-Lakeview, TX
As of July '25, Rentcast reports the average rent in Lacy-Lakeview, TX is $1,580, with a year-over-year rent change of 11.3%. Per bedroom, the median rent as of July '25 in Lacy-Lakeview, TX is studios: $841, 1-bedrooms: $963, 2-bedrooms: $1,290, 3-bedrooms: $1,880, 4-bedrooms: $1,450. The most common rental property sizes in Lacy-Lakeview, TX are 2-bedroom and 3-bedroom, accounting for 44.2% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,580 |
| Studio Rent | $700 | $841 |
| 1 Bed Rent | $950 | $963 |
| 2 Bed Rent | $1,200 | $1,290 |
| 3 Bed Rent | $1,850 | $1,880 |
| 4 Bed Rent | $1,200 | $1,450 |
% of Rental Stock
Property Listings — Lacy-Lakeview, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Lacy-Lakeview, TX is 93. This is a increase of 78.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $274,000 | 4.0% |
Listing Count | 177 | 96.0% |
| Listings as % of Homes | 0.5% | 96.0% |
Days on Market | 93 | 78.0% |
Demographics — Lacy-Lakeview, TX
As of the latest ACS Survey released in 2023, Lacy-Lakeview, TX has a population of 31,800, which has increased by 1.7% over the past 5 years. Lacy-Lakeview, TX is a moderately popular place for families, as children make up 24.9% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,800 | 1.7% |
% Under 18 | 24.9% | 0.0% |
% Seniors | 13.7% | 16.1% |
% WFH | 6.4% | 82.9% |
% w/ College Degree | 16.8% | 40.0% |
As of the latest ACS Survey released in 2023, Lacy-Lakeview, TX is a predominantly white area, with 43.2% of the population identifying as white. The white population has shrunk by 16.1% in the last 5 years. The second most common race or ethnicity in Lacy-Lakeview, TX is hispanic, making up 32.2% of the population. Foreign-born residents account for 13.4% of the population in Lacy-Lakeview, TX, and this percentage has increased by 44.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 43.2% | -16.1% |
% Black | 19.1% | 8.5% |
% Hispanic | 32.2% | 14.6% |
% Asian | 1.3% | 0.0% |
% Foreign Born | 13.4% | 44.1% |
Mortgage and Risk — Lacy-Lakeview, TX
According to HUD data as of 2023, there were 302 mortgage originations in Lacy-Lakeview, TX, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Lacy-Lakeview, TX. Investor activity is low, as 14.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 302 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 14.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Lacy-Lakeview, TX
As of 2024, the percent of homes in Lacy-Lakeview, TX under the Section 8 program is 11.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Lacy-Lakeview, TX, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 462 |
Total Units Section 8 | 462 |
% Rentals under Section 8 | 11.6% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $950 | $920 |
| 2 Bedroom | -$60 | $1,200 | $1,140 |
| 3 Bedroom | -$380 | $1,850 | $1,470 |
| 4 Bedroom | $320 | $1,200 | $1,520 |
Affordability — Lacy-Lakeview, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $204,000 |
| Median Household Income | $54,900 |