Location: Cass County, TX | Metro: Cass County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,410 |
| 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 investment landscape in ZIP code 75572 presents several challenges for landlords and small-portfolio investors considering Section 8 participation. Firstly, tenant turnover is a significant concern due to the disparity between the market rent of $772 and the Federal Market Rent (FMR) of $970 for fiscal year 2026 in the metropolitan area. This gap can lead to higher tenant churn as individuals may struggle to afford the difference when their vouchers cover only up to $970.
Vacancy exposure is another critical risk factor. The average days on market (DOM) for rental properties is not available, which makes it difficult to predict how long a property might remain vacant. High vacancy rates can severely impact cash flow and profitability.
Deferred maintenance is also a considerable risk, particularly when considering the typical home value of $157,889 and the median income of $45,625. Landlords must be prepared to invest in necessary repairs and upkeep without a corresponding increase in rent. Given these financial constraints, maintaining properties at a standard that meets both tenant expectations and government regulations can be challenging.
Despite these risks, the high renter share of 27.6% suggests strong demand for rental housing, including those seeking Section 8 vouchers. This high density of renters often translates into a robust pool of potential tenants who rely on government assistance, ensuring a steady stream of applicants for Section 8 properties.
In summary, while there are notable risks associated with investing in Section 8 properties in ZIP code 75572, the high concentration of renters provides a buffer against vacancy. However, the need for regular maintenance and the potential for tenant turnover remain significant concerns. Therefore, the overall risk for a first-time Section 8 landlord in this area is moderate.
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.