Location: Limestone County, TX | Metro: Limestone County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
U.S. Census Bureau data (2024)
The ZIP code 76678 presents a unique opportunity for real estate investors, particularly those interested in Section 8 properties. With a Fair Market Rent (FMR) of $1,080 for the fiscal year 2026, it is evident that this area is heavily reliant on federally subsidized housing programs. The absence of market rent and home value data suggests a market dominated by government rental assistance, which directly influences the yield and stability classifications.
The yield classification leans towards high due to the reliance on FMR rates. Since the market rent and home values are not available, we can infer that the demand for affordable housing is strong, and the federal subsidy covers a significant portion of the rent. This makes the ZIP code attractive for landlords who are willing to participate in the Section 8 program, ensuring a steady stream of rental income at a fixed rate.
Regarding stability, the ZIP code shows signs of low stability. Only 15.0% of residents are renters, indicating a smaller pool of potential tenants compared to areas with higher percentages of renters. Additionally, the lack of data on days on market (DOM) implies challenges in measuring the speed at which properties are rented out, further suggesting volatility in the rental market. The median household income of $61,944 provides some insight into the economic health of the area but does not compensate for the low percentage of renters.
Based on these figures, ZIP 76678 is best classified as a high-yield/low-stability market. The high dependency on FMR rates ensures a predictable income stream, but the limited number of renters and incomplete market data indicate risks associated with tenant turnover and property vacancy. For small-portfolio investors, this could mean focusing on maintaining consistent occupancy rather than seeking rapid appreciation or flipping opportunities.
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.