Location: Cass County, TX | Metro: Cass County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 75565 within the Texas metro area reveals several key points for potential investment.
The first question concerns whether the rent math works. The Fair Market Rent (FMR) for the area is set at $970 for fiscal year 2026. However, due to the lack of available data on current market rents, it's challenging to make a direct comparison. Without a benchmark for current market rates, landlords cannot definitively gauge if the rent they charge will cover their costs and provide a profit margin.
Moving onto the affordability of acquisition, the median home value is currently not available, nor are the days on market (DOM) and the percentage of homes that have been subject to price cuts. This absence of information makes it difficult to assess how competitive the housing market is and what kind of discounts might be available when purchasing properties. Investors would need to conduct further research to determine if property acquisition in this ZIP code aligns with their financial goals and budget constraints.
Regarding tenant demand, the ZIP code has a population of 248. Notably, 82.1% of this population are renters, indicating a strong demand for rental properties. Despite the small population size, the high renter share suggests that there is a consistent need for housing options, which could translate into steady occupancy rates for landlords.
In conclusion, while the high percentage of renters in ZIP 75565 presents an opportunity for landlords and small-portfolio investors, the lack of current market rent data and specifics on property acquisition metrics such as median home value, days on market, and price-cut percentages leaves significant uncertainty. Landlords should proceed with caution and conduct thorough local market research before committing to investments in this area.
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.