Frankston, TX—75763
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Frankston, TX
As of Oct '25, the median home price in Frankston, TX is $256,000, with a year-over-year change of -0.8%. This indicates that home prices in Frankston, TX are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $256,000 | -0.8% |
| Single Family | $256,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $296,000 | -1.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Frankston, TX
As of July '25, Rentcast reports the average rent in Frankston, TX is $1,480, with a year-over-year rent change of -8.6%. Per bedroom, the median rent as of July '25 in Frankston, TX is 2-bedrooms: $820, 3-bedrooms: $4,000, 4-bedrooms: $2,300. The most common rental property sizes in Frankston, TX are 3-bedroom and 2-bedroom, accounting for 52.9% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $775 | $1,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $775 | $820 |
| 3 Bed Rent | $4,000 | $4,000 |
| 4 Bed Rent | $2,300 | $2,300 |
% of Rental Stock
Property Listings — Frankston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Frankston, TX is 65. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $426,000 | 6.0% |
Listing Count | 58 | 44.0% |
| Listings as % of Homes | 1.1% | 44.0% |
Days on Market | 65 | -10.0% |
Demographics — Frankston, TX
As of the latest ACS Survey released in 2023, Frankston, TX has a population of 6,320, which has decreased by -2.2% over the past 5 years. Frankston, TX is a moderately popular place for families, as children make up 20.5% of the population. The area has a poorly educated workforce, with 22.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,320 | -2.2% |
% Under 18 | 20.5% | -8.1% |
% Seniors | 22.2% | -3.1% |
% WFH | 7.1% | 61.4% |
% w/ College Degree | 22.1% | 33.1% |
As of the latest ACS Survey released in 2023, Frankston, TX is a predominantly white area, with 78.7% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Frankston, TX is hispanic, making up 7.8% of the population. Foreign-born residents account for 2.6% of the population in Frankston, TX, and this percentage has decreased by 25.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.7% | -5.3% |
% Black | 5.0% | 11.1% |
% Hispanic | 7.8% | 32.2% |
% Asian | 0.5% | -16.7% |
% Foreign Born | 2.6% | -25.7% |
Mortgage and Risk — Frankston, TX
According to HUD data as of 2023, there were 112 mortgage originations in Frankston, TX, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Frankston, TX. Investor activity is low, as 7.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 112 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 7.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Frankston, TX
Frankston, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | $295 | $775 | $1,070 |
| 3 Bedroom | -$2,650 | $4,000 | $1,350 |
| 4 Bedroom | -$690 | $2,300 | $1,610 |
Affordability — Frankston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $256,000 |
| Median Household Income | $62,500 |