Location: Calhoun County, TX | Metro: Calhoun County, TX
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,040 |
| 1 Bedroom | $1,260 |
| 2 Bedrooms | $1,370 |
| 3 Bedrooms | $1,770 |
| 4 Bedrooms | $1,970 |
| 5 Bedrooms | $2,285 |
| 6 Bedrooms | $2,559 |
| 7 Bedrooms | $2,764 |
| 8 Bedrooms | $2,902 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,370 | $183,230 | 0.75% | D |
| 3BR | $1,770 | $232,616 | 0.76% | D |
U.S. Census Bureau data (2024)
The classification of ZIP 77983, Seadrift, TX, hinges on analyzing its yield potential and stability metrics. On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,310, while the market rent stands at $1,341. This indicates a slight premium over the FMR, suggesting that rental properties can command higher rates than the government benchmark. However, the median home value of $188,608 is relatively high compared to the average income of $97,850, which might limit the number of potential tenants who can afford to live there.
Moving to the stability axis, the ZIP code shows a modest 14.6% of residents as renters, indicating a smaller pool of potential tenants. The lack of data on days on market (DOM) suggests either a limited supply of homes or a less active real estate market. With an average income of $97,850, the financial stability of potential tenants is somewhat questionable given the higher-than-average home values.
Considering these factors, ZIP 77983 leans towards being a steady-cashflow zone. The slightly above-average market rent relative to the FMR suggests a decent yield, but the relatively high home values and moderate renter population imply a stable demand without the volatility seen in high-yield/low-stability markets. Investors should be cautious about relying solely on rental income due to the limited number of renters and the potential for higher vacancy rates if incomes do not support the cost of living.
To summarize, the yield is good but not exceptional, and the stability is moderate. This makes it suitable for those looking for consistent cash flow rather than rapid appreciation or flipping opportunities. The specific figures driving this assessment are the $1,341 market rent versus the $1,310 FMR, and the $97,850 average income against the $188,608 median home value. These numbers suggest a balanced approach to investment, focusing on long-term stability and predictable returns.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.