Location: Rains County, 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 | $1,060 |
| 1 Bedroom | $1,110 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $2,070 |
| 5 Bedrooms | $2,401 |
| 6 Bedrooms | $2,689 |
| 7 Bedrooms | $2,904 |
| 8 Bedrooms | $3,049 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,660 | $282,471 | 0.59% | F |
U.S. Census Bureau data (2024)
The rent math in ZIP code 75453 does not work favorably for landlords. The Fair Market Rent (FMR) set at $1,520 for the fiscal year 2024 is significantly higher than the market rent reported by the Census ACS, which stands at $1,149. This discrepancy means that landlords might struggle to find tenants willing to pay the higher FMR rate, leading to potential vacancies or reduced profitability.
Regarding acquisition affordability, the median home value in ZIP 75453 is $284,011. However, with no available data on days on market (DOM) and a low 0.2% share of homes that have had their prices cut, it's challenging to assess the ease of acquiring properties at favorable terms. Landlords should consider this lack of recent sales data when evaluating the cost and timing of property purchases.
Tenant demand in ZIP 75453 is relatively low. The area has a total population of 3,430, with only 8.3% of residents being renters. This suggests that there may be limited interest from potential tenants, making it difficult to maintain occupancy rates and sustain rental income.
Overall, ZIP 75453 presents a challenging environment for landlords and small-portfolio investors due to unfavorable rent math, unclear acquisition costs, and low tenant demand. The gap between FMR and actual market rents indicates that landlords will likely face difficulties in setting competitive rental prices while maintaining profitability. Additionally, the limited number of renters in the area further complicates efforts to attract and retain tenants, potentially leading to prolonged vacancy periods and reduced cash flow. These factors collectively suggest that this area may not be an optimal investment choice for those seeking stable returns through rental income.
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.