Location: Camp County, TX | Metro: Longview, 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 | $970 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,150 | $152,867 | 0.75% | D |
| 3BR | $1,500 | $229,729 | 0.65% | D |
| 4BR | $1,600 | $273,259 | 0.59% | F |
U.S. Census Bureau data (2024)
The potential risks for investing in ZIP 75644 under the Section 8 program are notable. Tenant turnover could be an issue, as the market rent stands at $996 compared to the Federal Market Rent (FMR) of $990 for FY 2024. This slight difference may attract tenants looking for subsidized housing, but it also suggests a higher likelihood of turnover due to the fluctuating nature of voucher availability and renewal.
Vacancy exposure is another concern. The Days on Market (DOM) figure is currently unavailable, which indicates a lack of historical data to predict how quickly properties might fill. In a market where competition for affordable housing is fierce, landlords must be prepared for extended periods of vacancy that can impact cash flow.
Deferred maintenance poses a significant risk, especially considering the typical home value of $216,001 and the median income of $57,633. Landlords may find themselves responsible for maintaining properties without the financial buffer to cover unexpected repairs and renovations. The disparity between property values and incomes suggests that tenants may struggle to contribute to maintenance costs, leaving landlords to shoulder these expenses alone.
However, the high renter share of 29.3% provides a counterbalance to these risks. High renter density often translates into robust demand for rental properties, including those participating in the Section 8 program. This demand can help mitigate the risk of vacancies and ensure a steady stream of tenants.
In conclusion, the investment risk for a first-time Section 8 landlord in ZIP 75644 is moderate.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.