Location: Live Oak County, TX | Metro: Live Oak County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
The ZIP code 78060 in Unknown, TX presents several challenges for potential Section 8 landlords and small-portfolio investors. Firstly, tenant turnover can be problematic due to the discrepancy between market rent and the Fair Market Rent (FMR) set at $1,030 for FY 2026, which does not reflect the actual market conditions. This can lead to situations where tenants are unable to cover the difference between the FMR and the market rent, resulting in financial strain on both the tenant and the landlord.
Vacancy exposure is another concern. The number of days on market (DOM) is currently unavailable, but it's important to note that extended vacancy periods can significantly impact cash flow, especially when the rental market is competitive and landlords must offer incentives to attract tenants.
Deferred maintenance is a critical issue. With no specific data available on the typical home value or median income, it's difficult to assess the financial capacity of homeowners to maintain their properties. However, it's common for Section 8 properties to experience higher levels of wear and tear, requiring frequent repairs and maintenance. Landlords must be prepared to invest in property upkeep to avoid health and safety violations.
Despite these risks, the high renter density in the area, indicated by the unspecified percentage of renters, generally translates into strong demand for housing vouchers. This suggests that there is a significant pool of potential tenants who qualify for Section 8 assistance, which can stabilize occupancy rates and provide a steady stream of rental income.
Verdict: Moderate risk for a first-time Section 8 landlord.
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.