Location: Houston County, TX | Metro: Houston County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,380 |
| 5 Bedrooms | $1,601 |
| 6 Bedrooms | $1,793 |
| 7 Bedrooms | $1,936 |
| 8 Bedrooms | $2,033 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 75849 in Houston County, TX, reveals several key points regarding its suitability for Section 8 real-estate investments.
Firstly, the rent math does not work favorably. The Fair Market Rent (FMR) for the area in fiscal year 2026 is set at $990. However, the market rent for the area is currently unknown, which makes it difficult to assess whether the FMR aligns with what tenants might be willing to pay. This uncertainty could pose a risk for landlords relying on Section 8 vouchers.
Secondly, the acquisition of properties in ZIP 75849 is challenging due to a lack of specific data. Without a median home value, days on market (DOM), and percentage of homes that have been discounted, it's hard to determine the affordability of buying properties in this area. This absence of data suggests a need for further investigation into local real estate trends before making investment decisions.
Lastly, there is a moderate tenant demand in ZIP 75849. With a population of 62, the area has a 10.3% renter share. While the overall population is low, the percentage of renters indicates some interest in rental housing. However, the small number of potential tenants may limit the pool of Section 8 voucher holders available to landlords.
In summary, ZIP 75849 presents a mixed picture for Section 8 real-estate investments. The unclear market rent versus the set FMR of $990 creates a financial uncertainty. The lack of detailed acquisition metrics makes it difficult to assess property costs. Although there is some tenant demand, the limited population size poses challenges. Landlords and small-portfolio investors should proceed with caution and seek additional local market data 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.