Location: McCulloch County, TX | Metro: Concho County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
The classification of ZIP code 76836, located in Texas, hinges upon the available data points for fiscal year 2026, which include a Fair Market Rent (FMR) of $1,050 for the metro area. This figure is crucial in determining both the yield potential and the stability of rental investments in this region.
Yield: With an FMR of $1,050, landlords can expect a relatively high yield from rental properties in ZIP 76836, assuming they price their rentals at or near the FMR. The lack of specific market rent and home value data suggests that the rental market might be less competitive compared to areas where these figures are readily available. However, the absence of such data does not necessarily indicate low stability but rather a less developed or smaller rental market.
Stability: Stability in the rental market is influenced by factors such as the percentage of renters, days on market (DOM), and median household income. For ZIP 76836, the data reveals that there are 0.0% renters, which is an anomaly and likely indicates incomplete or inaccurate data. Without reliable figures for DOM and median income, it's challenging to fully assess the stability. However, given the high FMR and the assumption that the area is primarily owner-occupied, the rental market could be considered stable due to limited competition and presumably consistent demand from those who need to rent.
Based on the provided data, ZIP 76836 leans towards being a steady-cashflow zone. The key driver for this assessment is the high FMR of $1,050, which suggests strong rental yields. Despite the lack of complete data, the implication of a low percentage of renters (which should be taken with caution due to the anomaly) and the potential for consistent demand point towards a market that is not prone to rapid fluctuations typical of high-yield/low-stability markets. Small-portfolio investors looking for reliable returns would find ZIP 76836 favorable, given the expectation of steady cash flows without significant risk.
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.