Location: Ochiltree County, TX | Metro: Lipscomb County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 79005 in Ochiltree County, TX, reveals a favorable environment for cashflow generation. The HUD Fair Market Rent (FMR) for the metro area, set at $1,000 for fiscal year 2026, exceeds the current market rent of $946, based on Census ACS data. This indicates that voucher tenants will generate positive cashflow for landlords, particularly when renting units at the FMR.
To further assess the investment potential, consider the rent-to-price ratio. With a median home value of $146,773, the ratio is approximately 1.36%, which suggests that rental income can provide a steady stream of cashflow relative to property value. This makes it an attractive option for investors looking to capitalize on both rental income and property ownership.
Note that the data does not provide specific information on the median Days on Market (DOM) or the percentage of price cuts. However, given the positive cashflow scenario, these metrics are less critical for understanding the immediate financial benefits of renting to voucher holders in this ZIP code. The stability of rental income from voucher tenants can be a significant advantage over the variability seen in market-rate rentals.
The strongest investor angle in ZIP 79005 is cashflow. Positive cashflow generation from renting at the HUD FMR provides a reliable source of income, making it an ideal location for small-portfolio investors seeking consistent returns without the need for premium units.
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.