Location: Navarro County, TX | Metro: Navarro County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 76681 in Richland, TX, reveals a unique balance between yield and stability for real estate investments.
Yield: The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,160. This figure is critical when considering rental yields, as it indicates the potential monthly rental income for properties in the area. However, the median home value of $217,285 suggests that the area is not particularly high-value compared to other markets, which could limit capital appreciation potential. For instance, the median home value is significantly lower than national averages and even lower than some nearby ZIP codes, indicating a relatively affordable market.
Stability: The ZIP code shows a 18.7% rate of renters, which is notably low. This suggests that homeownership is more prevalent, potentially leading to less turnover and more stable occupancy rates for landlords. Additionally, the median household income of $72,530 provides insight into the financial stability of the residents, supporting the ability to maintain consistent rental payments. Unfortunately, the exact number of days on market (DOM) is not available, which would have helped further assess the stability of the real estate market in terms of how quickly homes sell or rent.
Based on these figures, ZIP 76681 leans towards being a steady-cashflow zone. The relatively low renter rate implies that tenants might be more financially stable and likely to stay long-term, reducing vacancy risks. While the FMR of $1,160 offers a solid basis for rental income, the median home value of $217,285 suggests limited upside in terms of property appreciation. Therefore, the primary focus should be on generating reliable rental income rather than rapid capital gains. The median income of $72,530 supports the notion that the area can sustain consistent rental payments, further reinforcing its suitability for steady cash flow investments.
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.