Location: Coleman County, TX | Metro: Coleman County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
The classification of ZIP code 76873 hinges significantly on the available data points concerning rental market fundamentals and economic indicators. With a Fair Market Rent (FMR) set at $1,050 for the fiscal year 2026, there's a clear benchmark for rental pricing within the metro area. However, the lack of specific market rent and home value figures complicates a precise yield assessment.
In terms of stability, the data reveals that the area has 0.0% of its population listed as renters, which suggests an overwhelmingly owner-occupied community. This is a significant factor indicating low volatility in the rental market, as there's minimal competition from other rental properties. The median income of $145,469 further supports this notion, as it implies residents have sufficient financial means to cover homeownership costs without the typical pressures faced in areas with higher rental populations.
The Days on Market (DOM) figure is also missing, which would typically provide insight into how quickly properties sell or rent out. Despite this gap, the combination of a defined FMR and a high median income suggests a market that leans towards steady cash flow rather than high-yield, speculative investments. Landlords and small-portfolio investors should anticipate a stable tenant base with lower risk of default, given the strong financial backing of the local population.
While the potential for high yields exists due to the established FMR, the absence of competitive rental pricing and the dominance of owner-occupiers point towards a market less conducive to quick flips. Instead, the area appears to favor long-term, stable investments where property appreciation and consistent rental income are key drivers of profitability. For those looking to enter this market, focus should be placed on properties that can be rented at or near the FMR, leveraging the economic strength of the area to ensure steady cash flow and long-term stability.
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.