Location: Atascosa County, TX | Metro: Atascosa County, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
ZIP 78011, located in Atascosa County, Texas, serves as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $920. This figure represents the baseline rental rate that can be expected from tenants participating in the Section 8 program. Given the lack of specific market rental rates and median home values, the FMR provides a reliable benchmark for ensuring steady, predictable cash flow.
The importance of a cash-flow anchor in a real estate investment portfolio cannot be overstated. It ensures that even if other investments experience market volatility or changes in property values, there is a consistent source of income. ZIP 78011's FMR aligns well with the financial stability sought by landlords and small-portfolio investors. The guaranteed rental income, coupled with the federal government backing the payments, reduces the risk associated with tenant defaults and late payments.
While data on appreciation potential and diversification opportunities are limited, the known metrics support the cash-flow anchor role. With a median household income of $29,664, there is a strong demand for affordable housing, making Section 8 units highly desirable. The renter share in the area is 8.5%, indicating a significant portion of the population relies on rental properties, including those supported by Section 8 vouchers. This high demand for subsidized housing can lead to shorter vacancy periods and higher occupancy rates, further stabilizing the cash flow.
In conclusion, ZIP 78011 is best suited as a cash-flow anchor in a Section 8 portfolio strategy due to the established FMR of $920 and the substantial reliance on rental properties by low-income households. This approach offers landlords and small-portfolio investors a secure and predictable revenue stream, essential for managing overall portfolio performance.
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.