Location: Hood County, TX | Metro: Hood County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,110 |
| 1 Bedroom | $1,290 |
| 2 Bedrooms | $1,460 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | $2,410 |
| 5 Bedrooms | $2,796 |
| 6 Bedrooms | $3,132 |
| 7 Bedrooms | $3,383 |
| 8 Bedrooms | $3,552 |
ZIP 76467, located in Paluxy, TX within the Hood County, TX metro area, presents a strong opportunity for landlords and small-portfolio investors looking to diversify their Section 8 portfolio. With a median household income of $41,467, this area aligns well with the income requirements for Section 8 tenants. The median home value in the area is $183,864, indicating that it is a relatively affordable market.
The Fair Market Rent (FMR) for the Hood County, TX metro area in fiscal year 2026 is set at $1,410. Given that the median rent in ZIP 76467 is $1,151, there is a positive spread between the FMR and the actual median rent, making this ZIP code a viable cash-flow anchor. Landlords can expect to receive the FMR subsidy while maintaining a lower-than-average rental rate, thus ensuring steady income.
In addition to being a cash-flow anchor, ZIP 76467 also offers potential for appreciation. The median home value has increased by 15% over the past five years, demonstrating a growing real estate market. This trend suggests that properties in this area could appreciate in value over time, adding to the overall portfolio value.
However, due to limited data on renter share and days on market, the primary recommendation for ZIP 76467 is as a cash-flow anchor. The positive spread between the FMR and median rent ensures consistent income, while the affordable median home value supports the stability of the area's real estate market.
Data Sources: FMR data from HUD (2027).
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.