Location: Dallas, TX | Metro: Dallas, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,420 |
| 1 Bedroom | $1,460 |
| 2 Bedrooms | $1,720 |
| 3 Bedrooms | $2,170 |
| 4 Bedrooms | $2,750 |
| 5 Bedrooms | $3,190 |
| 6 Bedrooms | $3,573 |
| 7 Bedrooms | $3,859 |
| 8 Bedrooms | $4,052 |
The ZIP code 75372, located in Dallas, TX, offers a mixed real estate market scenario. Based on the Fair Market Rent (FMR) of $1680 for fiscal year 2024, the rental market appears to be relatively strong. However, specific data regarding the percentage of renters, median days on market (DOM), and median household income are not available, making it challenging to fully assess stability.
On the yield axis, the median home value is not directly provided, but we can infer from the listed properties that there is a range of values. For instance, a house priced at $2,299,995 and another at $875,000 suggest a diverse market. Additionally, a condo listed for $364,000 indicates that there are more affordable options available. The FMR of $1680 suggests that rental yields could be competitive, especially if compared against lower-cost properties.
Without precise data on the percentage of renters, DOM, and income levels, it's difficult to definitively classify 75372's stability. Nonetheless, given the current FMR and the variety of property values, this area leans towards a steady-cashflow zone rather than a high-yield/low-stability flip-style market. Landlords and small-portfolio investors should focus on properties with a balance between cost and potential rental income to ensure stable returns.
Data Sources: FMR data from HUD (2027).
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.