Location: San Antonio-New Braunfels, TX | Metro: San Antonio-New Braunfels, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,090 |
| 1 Bedroom | $1,190 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,850 |
| 4 Bedrooms | $2,150 |
| 5 Bedrooms | $2,494 |
| 6 Bedrooms | $2,793 |
| 7 Bedrooms | $3,016 |
| 8 Bedrooms | $3,167 |
The ZIP code 78054 in Macdona, TX, is part of an established neighborhood with a total population of 13,054 residents. This community is characterized by its working-class demographic, with a median household income of $43,054 and median home values around $155,338.
The median rent in Macdona, TX, stands at $1,195, significantly lower than the Fair Market Rent (FMR) of $1,450 for the zip code in fiscal year 2024. This disparity highlights a potential opportunity for landlords and small-portfolio investors looking to capitalize on the difference between market rents and the government's rental assistance program.
The area fits well for both hands-off voucher operators and hands-on value-add buyers. For hands-off operators, the relatively low median rent compared to the FMR means that properties can be rented out at subsidized rates without significant financial loss. For value-add buyers, there is potential to increase rental income by improving property quality or leveraging the higher FMR to justify higher rents.
However, it is important to note that Macdona, TX, has a below-average safety score of 48/100, suggesting higher crime rates. Landlords should consider additional safety measures to protect their tenants and properties.
In summary, ZIP 78054 offers a mix of affordability and potential for growth, making it suitable for various types of real estate investors. The data indicates that the area could support both passive and active investment strategies, depending on the investor's goals and risk tolerance.
Data Sources: FMR data from HUD (2027).
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.