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Gaut Appraisal Blog

Happy TX Real Estate Market & Area Appraisal Focus
March 7th, 2013 9:24 AM

Some History

Located on US Highway 87 in the Texas panhandle, just 35 miles south of Amarillo, Happy was established in 1891 when homesteader Hugh Currie built a home and post office near a gulch known as Happy Draw, so named by cattlemen who were elated to find water in this area for their herds of thirsty and hard-driven cattle. In the early days the town served as a site for a stagecoach station, but later suffered when in 1906 the Santa Fe Railroad bypassed Happy and located tracks south of town.

Happy TX appraiser
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Feeling the need to promote their town, landowners laid out a town two miles west from the track to attract settlers, where a lumber and grain company, general store and newspaper opened for business. The town grew with the addition of a one-room school, a bank, telephone service, and other buildings. In 1925, the town was incorporated and established a major and commissioners and fire department. Over the years, it became home to several grain elevators that supported the local farming industry.

Town Features

Travelers passing through Happy on their way to Amarillo or Santa Fe, New Mexico are greeted by towering grain elevators and a water tower ushering in a charming town full of nostalgic buildings like the first brick building in Happy -- an auto repair shop built in 1913 -- and a marker of the First Methodist Church. The church was established in the early 1900s and was used by other congregations, moved by wagon from its original location to the new town, eventually to be damaged by a fire and remodeled again in 1974.

Happy offers travelers a glimpse of the life of pioneer men and women who were strong and independent, lonely and isolated, yet started the communities and businesses in this remote region. The historic significance is not the only attraction for this area; the region itself sits upon wide-open spaces dotted with ravines, streams, along with big skies and breath-taking sunsets.

Happy (TX) Homes and Real Estate Market

The town is just over 30 miles from Amarillo, less than 5 miles from Canyon and Palisades, and just under 250 miles from Oklahoma City. The estimated cost for home or condo in the area is slightly more than $90,000 which is about triple the average value in 2000 of just over $30,000. Average rental costs for 2009 ran just slightly over $500 per month. The mean real estate property tax paid for housing in 2009 was $1227. The average low in winter is around 20 degrees and the average high in summer months in the low 90s. The community is near three medical facilities within 30 miles and closest universities are West Texas A&M University and Amarillo College, a distance of 17 miles and 30 miles respectively.

Community Profile

As of 2011, the population of Happy was just over 680 persons, with a 5.6% increase from 2000. The median age for residents for males and females ranges between 35 and 40 years old. The median household income is approximately $45,000 a year. According to the March 2012 cost of living index, Happy is lower than the national average. Residents are primarily Caucasian and of European ancestry. Most of the population has a high school or higher education and are married. The unemployment rate is under the rate for Texas. The most common occupations include: agriculture, retail, and transportation, along with manufacturing and other services like public administration.

Happy, TX profile by Texas State Historical Association
Texas Escapes Online Magazine
Happy, Texas City Data

Amarillo TX Appraisal CompanyJohn B. Dudley, SRA is an SRA-designated commercial and residential appraiser, with 35 years experience. serving the Texas pandhandle, including Amarillo TX Canyon TX Hereford TX Pampa TX Dumas TX Panhandle TX Borger TX Claude TX Dalhart TX Friona TX.
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Posted by John Dudley on March 7th, 2013 9:24 AMPost a Comment

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