Cities / Texas / Spans 2 counties / Mesquite
Mesquite cityscape
City housing brief · Incorporated place

Mesquite, TX

City evidence stays city-level. County, metro and national records appear separately to explain the wider market without changing the city figures.

City gross yield6.6%ZORI × 12 ÷ ZHVI · before costs
City market snapshot

Four figures that frame the city

Typical home value
$263k
▼ 3.3% year over year
Zillow ZHVI · 2026-06
Observed market rent
$1,437
▼ 1.0% year over year
Zillow ZORI · 2026-06
Entry affordability
3.6x
home value ÷ household income
Zillow + Census ACS
Population
149,299
▲ 4.1% between ACS vintages
ACS 2024 5-year
Decision brief

What the city-level evidence says

01Decision frame

Mesquite's current Zillow ZHVI typical home value is $262,798 and its ZORI typical observed market rent is $1,437 a month, implying a 6.6% gross yield before every operating cost. ZHVI is down 3.3% year over year and ZORI is down 1.0%, so the headline yield does not indicate stable revenue or resale value. The Zillow value equals 3.6x ACS median household income, while annual ZORI equals 23.8% of that income; these are city-level affordability screens, not a borrower or tenant budget.

02Housing stock

Mesquite has 53,953 housing units; 7.0% are vacant, and renters occupy 37.2% of occupied units. ACS reports a $245,700 median value for occupied owner housing and $1,513 median gross rent for occupied rentals, including selected utilities. Those surveyed measures differ in concept and period from Zillow's typical value and observed market rent and should not be averaged.

03City depth

City structure mix is 73.2% single-family units and 9.1% units in large multifamily structures; these ACS shares do not measure available investment inventory. Among city renters, 60.9% meet the ACS rent-burden threshold, indicating affordability pressure but not individual payment performance. Of vacant units, 58.8% are classified for rent; that reason does not establish current availability or leasing speed. Population is 149,299, up 4.1% between overlapping ACS five-year vintages; this is not annualized and may reflect boundary changes. Median household income is $72,537, while poverty is 13.4% and unemployment is 5.4%; these are descriptive demand constraints, not causal property outcomes.

04Wider context

At the county scope, Dallas County reports a 1.58% property-tax rate, while the separate Kaufman County record reports 1.68%; parcel taxes depend on location and require verification. At the metro scope, Dallas, TX jobs grew 0.8% year over year and the metro recorded 68,016 permits, offering broad demand and supply context rather than city measures. At the national scope, the Freddie Mac mortgage rate for the thirty-year term is 6.58%, a financing benchmark rather than a Mesquite borrowing quote.

05Limits & next checks

The main limitation is that city averages do not capture a property's condition, achievable rent, expenses, financing, or precise county location. Before underwriting, verify the address and county, assessed taxes, insurance and hazard exposure, achievable rent and utility responsibility, current occupancy and lease terms, repairs and capital needs, management and turnover costs, financing terms and debt coverage, title, and applicable use restrictions. Build cash flow from property evidence rather than the city gross yield.

Housing system

Market movement and the stock underneath it

Five-year path

Price and rent, rebased to 100

ZHVI +13.3%ZORI +22.1%
12411095202120222023202420252026
Each series starts at 100 so their direction can be compared without pretending that a home value and a monthly rent share the same unit.
Housing stock

Tenure and vacancy

ACS
37.2%RENTER
Owner occupied62.8%
Renter occupied37.2%
Vacant units7.0%

Median structure year 1983

Tenure uses occupied units; vacancy uses all housing units.
Measurement matrix

Two sources, two different questions

SourceHome valueMonthly rent
Zillow market index$262.8K$1.4K
ACS occupied housing$245.7K$1.5K
Zillow measures current market indexes. ACS reports surveyed owner value and gross rent for occupied housing. The rows are context, not interchangeable estimates.
Direct city depth

Households and housing form behind the medians

Median household income$73k

Annual ACS household measure.

Rent-to-income screen23.8%

Annual ZORI divided by ACS median income.

ACS rent burden60.9%

Renters paying at least 30% of household income toward gross rent.

Average household size2.96

People per occupied housing unit.

Single-family stock73.2%

Detached and attached one-unit structures.

Large multifamily stock9.1%

Housing in structures with 20 or more units.

Vacant and for rent58.8%

Share of vacant units listed by ACS as for rent, not a market vacancy rate.

Unemployment5.4%

Share of the civilian labor force.

Poverty13.4%

ACS population for whom poverty status is determined.

These are citywide context measures. They cannot tell you the rent, vacancy, expenses or tenant demand for a particular neighborhood or property.
Closest market alternatives

Three useful contrasts, not a synthetic winner

The peer set broadens the decision without mixing geographies. Price, rent and housing characteristics remain city-level for every place.

Comparable market profile

Entry price, rent and gross yield

Mesquite, TXDenton, TXWaco, TXJoliet, IL
Typical home valueZillow ZHVIMesquite$262.8KDenton$353.8KWaco$200.1KJoliet$270.9KObserved market rentZillow ZORI / monthMesquite$1.4KDenton$1.5KWaco$1.4KJoliet$1.6KGross yieldZORI × 12 ÷ ZHVIMesquite6.6%Denton5.0%Waco8.2%Joliet7.1%
Bars begin at zero within each measure. Gross yield is a screening ratio before financing, taxes, insurance, vacancy, maintenance or management costs.
Same metro01

Denton, TX

Compared with Mesquite, typical home value is $91k higher, monthly rent is $44 higher, and gross yield is 1.5 percentage points lower.

Rent burden 30%+
60.7%
Renter share
50.0%
One-unit stock
58.7%
20+ unit stock
14.9%
Same state02

Waco, TX

Compared with Mesquite, typical home value is $63k lower, monthly rent is $67 lower, and gross yield is 1.7 percentage points higher.

Rent burden 30%+
58.3%
Renter share
50.6%
One-unit stock
61.5%
20+ unit stock
12.3%
Closest data profile03

Joliet, IL

Compared with Mesquite, typical home value is $8k higher, monthly rent is $177 higher, and gross yield is 0.6 percentage points higher.

Rent burden 30%+
52.2%
Renter share
26.3%
One-unit stock
78.9%
20+ unit stock
6.1%

These are analytical alternatives, not recommendations. The structural measures come from Census ACS; price and rent use the Zillow releases shown on each card and in the source ledger below.

Wider market context

What surrounds the city without being mistaken for it

The layers below answer different questions. County records describe listing, migration, financing and hazard conditions around the city; metro records describe jobs, supply and permits; the mortgage rate is national.

Same measure, wider boundary

City marker against intersecting counties

CityCounty range
Typical home value$299.7K$312.3K$262.8KObserved market rent$1.6K$1.9K$1.4K
Both levels use Zillow indexes, but the county records cover land and housing outside the city. The comparison supplies context; it does not replace the city value.
COUNTY LAYER

All 2 intersecting counties

Rows stay separate; no unweighted county average is presented as a city fact.

2026-06
Active listings
7,270
Listing DOM
52 days
FHFA one-year
▼ 0.1%
Net migration
-8,933
Investor share
10.1%
Effective property tax
1.58%
Top hazard
inland flooding
Expected loss ratio
0.14%
2026-06
Active listings
1,231
Listing DOM
59 days
FHFA one-year
▲ 1.2%
Net migration
3,329
Investor share
11.2%
Effective property tax
1.68%
Top hazard
inland flooding
Expected loss ratio
0.11%
METRO LAYER

Dallas, TX

Open metro analysis →
Job growth▲ 0.8%12m to 2026-06
Permitted units68,0162026 YTD through M06
Permits / 1,0008.5broader metro population
Months of supplyn/a2026-05-01
Median DOMn/aRedfin metro tracker
Price dropsn/aRedfin metro tracker
Wider-context figures are not inputs to the city gross yield and are never used to fill a missing city price, rent or ACS measure.
What can break the thesis

Three checks before using the city averages

  1. 01

    City Zillow home values and market rents both declined year over year; underwriting based on flat revenue or value would be unsupported.

  2. 02

    Most vacant city units were classified for rent, but that survey category does not prove availability or fast leasing.

  3. 03

    Dallas County and Kaufman County show different county property-tax rates; using a blended or assumed rate could misstate parcel costs.

Questions answered

Quick reading guide

Does the city gross yield represent a cash return?

No. It annualizes Zillow ZORI and divides by Zillow ZHVI before operating costs, financing, vacancy, repairs, taxes, insurance, or management.

Is ACS median gross rent directly comparable with Zillow ZORI?

No. ACS median gross rent covers surveyed occupied rentals and selected utilities, while Zillow ZORI is a typical observed market rent from a different period and concept.

Can county, metro, and national data settle a Mesquite property decision?

No. County tax records, metro jobs and permits, and the national financing rate are context only; the address determines the applicable county record, and property evidence must drive underwriting.

Sources and geography

What belongs to this city page

Census recognizes this as Mesquite city. The place intersects 2 counties (Dallas County, Kaufman County); population and ACS measures are place-wide.