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 |
To integrate ZIP 78265 into a Section 8 portfolio strategy, consider it primarily as a cash-flow anchor. The Fair Market Rent (FMR) for ZIP 78265 in fiscal year 2024 is set at $1450. Although specific market data such as median home values and price-cut shares are currently unavailable, the FMR provides a stable baseline for rental income. Landlords and small-portfolio investors can rely on this fixed rate to ensure predictable cash flows.
The lack of detailed market data suggests that ZIP 78265 may not be an ideal location for capital appreciation plays. Without insights into the local housing market dynamics, including days on market (DOM) and price adjustments, it's challenging to project significant increases in property values or rental rates driven by market demand.
ZIP 78265 also doesn't stand out as a strong diversifier based on the available data. Diversification typically involves balancing different types of investments to mitigate risk. However, without information on the percentage of renters and median income levels, it's difficult to assess how this ZIP code might contribute to reducing overall portfolio risk through demographic diversity.
In summary, ZIP 78265 should be viewed as a cash-flow anchor within a Section 8 portfolio strategy. Its defined FMR of $1450 ensures steady and reliable rental income, which is crucial for landlords and small investors looking to maintain consistent cash flows. This ZIP code offers stability over speculative growth or diversification benefits, making it a solid choice for those prioritizing dependable returns.
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.