Location: Somervell County, TX | Metro: Bosque County, 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 | $770 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,320 | $394,633 | 0.33% | F |
| 4BR | $1,470 | $485,858 | 0.3% | F |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 76043, located in Somervell County, TX, reveals key insights for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $970 for fiscal year 2026, which is significantly higher than the market rent reported by the Census ACS at $770. This discrepancy indicates that voucher tenants can cashflow comfortably at the FMR, meaning landlords can expect positive cashflow when renting to these tenants.
To further understand the investment landscape, the median home value in ZIP 76043 is $386,970. Using the HUD FMR of $970, we can calculate a rent-to-price ratio of approximately 0.25%. This ratio suggests that rental income represents a small fraction of the property's total value, which could be an important consideration for investors looking to balance between rental income and potential appreciation.
In terms of the broader real estate market, the data shows a median Days on Market (DOM) of N/A, indicating that sales data may not be fully representative or available for this period. Additionally, the share of properties that have undergone a price reduction stands at 0.2%, suggesting a stable market where few sellers are lowering their prices. These factors point towards a market where stability is a significant feature, making it attractive for investors seeking steady, reliable returns.
The strong investor angle in ZIP 76043 is the potential for appreciation. Given the favorable rent-to-price ratio and the stability indicated by the low price-cut share, this area presents a solid opportunity for long-term growth in property values, complementing the positive cashflow from Section 8 vouchers.
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.