Location: Leon County, TX | Metro: Leon County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $960 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,600 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
U.S. Census Bureau data (2024)
The ZIP code 77855 is situated in a unique area that stands out due to its extremely low percentage of renters at 0.0%, indicating it is predominantly an owner-occupied community. With a total population of 165, it's clear that this is a very small and tightly-knit neighborhood. The lack of available data on median income and median home value suggests that this community might be quite homogeneous, without significant economic diversity.
Moving into the realm of rental economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,100. This figure is critical for Section 8 investors because it represents the maximum amount that the housing choice voucher program will pay towards rent. However, the absence of market rent data for 77855 makes it challenging to compare the FMR against actual local rents, leaving a gap in understanding how competitive these voucher rates would be in practice.
Given the characteristics of ZIP 77855, it is unlikely to attract hands-off voucher operators. The low number of renters and the potential difficulty in finding properties that accept vouchers in such a small, owner-occupied community make it less appealing for those seeking passive investment opportunities. Instead, this ZIP code may be more suitable for hands-on value-add buyers who can engage directly with the local market and potentially develop rental properties that cater to the needs of voucher holders, thereby filling a niche in the community's housing landscape.
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.