Location: Dallas, TX | Metro: Dallas, TX HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,570 |
| 1 Bedroom | $1,610 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,390 |
| 4 Bedrooms | $3,040 |
| 5 Bedrooms | $3,526 |
| 6 Bedrooms | $3,949 |
| 7 Bedrooms | $4,265 |
| 8 Bedrooms | $4,478 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,900 | $289,110 | 0.66% | D |
| 3BR | $2,390 | $339,096 | 0.7% | D |
| 4BR | $3,040 | $439,984 | 0.69% | D |
| 5BR | $3,526 | $517,398 | 0.68% | D |
U.S. Census Bureau data (2024)
Lewisville’s 75067 zip code sits largely north of State Highway 121, characterized by a mix of established single-family subdivisions and expanding commercial corridors. The area maintains a strong suburban feel, offering convenient access to major thoroughfares while retaining a family-oriented atmosphere. A significant local employer driving stability is JPMorgan Chase, which operates a major technology campus in Lewisville, providing a steady base of higher-income professionals. Recent developments focus on enhancing retail and dining options along the main arteries, reinforcing the neighborhood’s draw for renters seeking both convenience and community amenities.
From a strictly numerical standpoint, Section 8 offers a notable premium over current market rates. The FY2024 HUD SAFMR for a 2-bedroom unit in 75067 is set at $1900, whereas the Zillow ZORI market rent for the same unit type is $1445. This creates a cash-flow gap of $455 per month in favor of voucher holders. With a median home value of $360,167 and median 2BR sale prices at $292,118, acquisition costs are moderate, though investors should note a median days on market of 47 days, indicating a sales pace that is neither rapid nor stagnant.
The tenant pool here is substantial, with 60.2% of households renting and a median household income of $78,752. This income level suggests a population that can afford quality housing yet still relies on the rental market, creating a steady demand for voucher units. Families are often drawn to the area for the highly-rated Lewisville Independent School District, which serves as a major retention tool. Additionally, proximity to DFW Airport and Interstate 35E makes the location attractive for workers needing connectivity across the Metroplex, supporting consistent occupancy.
The Section 8 verdict for 75067 leans heavily toward immediate cash flow. The $455 spread between the $1900 SAFMR and the $1445 market rent allows investors to secure guaranteed payments that significantly exceed standard market yields. While appreciation potential exists given the $360,167 median value, the primary investment angle here is income maximization. By targeting properties priced near the $292,118 median 2BR sale price, investors can achieve strong cap rates backed by a deep renter demographic and solid local infrastructure.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.