Location: Palo Pinto County, TX | Metro: Fort Worth-Arlington, 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 | $1,120 |
| 1 Bedroom | $1,210 |
| 2 Bedrooms | $1,440 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | $2,330 |
| 5 Bedrooms | $2,703 |
| 6 Bedrooms | $3,027 |
| 7 Bedrooms | $3,269 |
| 8 Bedrooms | $3,432 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 4BR | $2,330 | $618,877 | 0.38% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 76462, located in Palo Pinto County, TX, reveals several key points. The HUD Fair Market Rent (FMR) for the area is set at $1040 for fiscal year 2024. However, the current market rent is not available, making direct comparisons challenging. Despite this, we can infer that voucher tenants will likely cashflow at the FMR level, given the typically lower costs associated with maintaining rental properties compared to the median home value of $498,170.
To derive the rent-to-price ratio, we use the HUD FMR of $1040. Assuming a typical annual rent of $12,480 based on the monthly FMR, the rent-to-price ratio for ZIP 76462 is approximately 2.5%. This suggests that the rental income generated from a property at the FMR level would be relatively low compared to the median home value. However, this ratio is still favorable for investors seeking stable, long-term rental income.
The median days on market (DOM) and the percentage of homes that required a price cut are not provided, but these metrics are generally less critical for Section 8 investors. The primary focus for these investors is often on cashflow and stability rather than short-term fluctuations in the housing market. Given the strong demand for affordable housing and the government-backed nature of Section 8 vouchers, stability is a significant factor in this ZIP code.
The strongest investor angle in ZIP 76462 is stability. Section 8 vouchers provide consistent rental income, which is particularly valuable in an area with a high median home value. While cashflow might be modest, the guaranteed tenant support and reduced vacancy risk make stability the most compelling reason for investment.
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.