A typical Hawk Cove home is worth roughly $95,000
Home prices around Hawk Cove have risen about 74% over the past 5 years. Builders were permitted 6 new homes in 2025.
What kind of housing town is Hawk Cove?
Read from the numbers below. The page puts what stands out first.
A typical home costs 1.5 years of income
Less than across Texas (3.8 years). Try your own numbers below.
That covers a typical Hawk Cove home, with $137K to spare.
A two-bedroom rents for about $1,400 a month here, $790 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Hawk Cove’s typical property tax (1.43% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 74% in 5 years
The federal house price index for the ZIP code around Hawk Cove rose 74% over the past 5 years, faster than across Texas (43%). Last year prices rose 7.5%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Hawk Cove, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,400
Renters already here pay a median of $1,900.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Dallas, TX HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
6 new homes permitted in 2025
Builders were permitted 6 new homes in Hawk Cove in 2025, all single-family houses, worth about $1.7 million to build. Over the past 10 years, Hawk Cove has permitted 20 homes in all.
Between the 2010 and 2020 censuses, Hawk Cove's population fell by 31 and no new homes were permitted. Across Texas: 2.6 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $575,000 |
| 2025 | 6 | 6 | 0 | $1.7 million |
| 2024 | 6 | 6 | 0 | $1.7 million |
| 2023 | 8 | 8 | 0 | $2.3 million |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
Hawk Cove's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
82% of Hawk Cove households own their home
Half of Hawk Cove’s homes were built before 1985.
Texas: 63% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Hawk Cove buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.