Location: Tyler County, TX | Metro: Tyler County, TX
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 | $880 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,160 | $141,152 | 0.82% | C |
| 3BR | $1,380 | $203,123 | 0.68% | D |
| 4BR | $1,670 | $281,166 | 0.59% | F |
U.S. Census Bureau data (2024)
The real estate market in Woodville, TX (ZIP 75979) presents a unique scenario for both landlords and small-portfolio investors. With a median home value set at $148,929, the area remains affordable compared to larger metropolitan regions. However, recent trends indicate that 0.2% of listings have seen reductions in price, suggesting a minor shift towards a buyer's market. The median days on market (DOM) being listed as N/A implies either an exceptionally quick sale rate or limited data, which could mean that homes are selling faster than the average.
This combination of factors signals that landlords and investors might face challenges in maintaining high rents or property values due to the slight increase in price reductions. The median home value is relatively stable, but the hint of downward pressure on prices suggests that there may be a limit to how much rent can be increased without risking vacancy rates. For context, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is projected at $1,070, while the current market rent, measured by ZORI, stands at $1,199. This gap indicates that market rents are above fair market levels, which could be unsustainable if home values do not rise significantly.
In the short term, the slight reduction in listing prices does not necessarily imply a significant depreciation trend. Instead, it could reflect a minor adjustment to align with market conditions. For long-term investors, the realistic appreciation thesis in Woodville appears limited given the current data points. While the area's affordability and low median DOM suggest strong demand, the modest median home value and the minor percentage of price reductions point to a market that is unlikely to see substantial growth over the next 12-24 months.
To summarize, the current setup in Woodville, TX, suggests that landlords and small-portfolio investors should focus on maintaining competitive rental rates rather than expecting rapid increases in property values. The slight downward pressure on prices and the gap between FMR and market rent highlight the need for careful management of investment properties to ensure sustained occupancy and profitability.
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.