Location: Fannin County, TX | Metro: Fannin County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $2,030 |
| 5 Bedrooms | $2,355 |
| 6 Bedrooms | $2,638 |
| 7 Bedrooms | $2,849 |
| 8 Bedrooms | $2,991 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 75413, characterized by a median home value of $196,715, suggests a market that is currently stable but lacks significant upward momentum. The absence of percentage data on listings being reduced and the median days on market (DOM) indicates either a very balanced market or a situation where changes are too subtle to be quantified at present. This stability can be interpreted as a sign that homeowners have limited pricing power over the next 12-24 months unless external factors such as economic growth or population influx alter the demand-supply equilibrium.
On the rental side, the Federal Market Rent (FMR) for the metro area, projected at $1,110 for fiscal year 2026, contrasts sharply with the current market rate of $1,525, as reported by the Census ACS. This discrepancy highlights an opportunity for landlords and small-portfolio investors who can leverage the higher market rates to maintain profitability. However, it also signals potential pressure on rents if the market adjusts to align more closely with the FMR over time.
For long-term investors, the appreciation thesis in ZIP 75413 is less clear-cut. While the current market conditions suggest a steady state, without substantial increases in median home values or reductions in DOM, the prospects for significant capital appreciation are muted. Investors should focus on generating income through rental yields rather than relying on property value increases. If the market remains consistent with current trends, maintaining rental rates near the $1,525 mark could provide a sustainable return on investment, although this strategy depends on continued tenant demand and stable occupancy rates.
In summary, the combination of a stable median home value, uncertain listing dynamics, and a notable gap between FMR and actual market rents presents a mixed picture for ZIP 75413. Landlords and small-portfolio investors should anticipate a market where pricing power is limited, but rental income can remain a reliable source of returns, provided they manage their properties effectively and keep pace with local demand.
Data Sources: FMR data from HUD (2027). 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.