Location: Reeves County, TX | Metro: Reeves County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $890 |
| 1 Bedroom | $1,070 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
U.S. Census Bureau data (2024)
ZIP 79785, located in Toyah, TX, serves well as a diversifier in a Section 8 portfolio strategy. With a median income of $43,438, the area is less likely to attract high-income tenants. Given the lack of specific data on market rents and median home values, we rely on the broader context of the Pecos, TX metro area, where the average family income is significantly lower than many metropolitan areas.
The primary industries in the surrounding region are energy and agriculture. While these sectors can provide steady employment, they also introduce economic volatility due to fluctuations in global commodity prices. Therefore, ZIP 79785 should not be considered a cash-flow anchor, as its Fixed Monthly Rate (FMR) of $1,080 for fiscal year 2026 does not provide a substantial spread over the current market rates, which are not available.
Additionally, ZIP 79785 is not an ideal appreciation play, as there is no specific data indicating a significant increase in property values or rental rates. However, the area's reliance on diverse economic drivers makes it a valuable addition to a portfolio aimed at spreading risk across different markets.
In conclusion, ZIP 79785 is best suited as a diversifier in a Section 8 portfolio. Its lower median income and dependence on fluctuating industries make it a less risky addition compared to relying solely on high-income or rapidly appreciating markets. Landlords and small-portfolio investors can leverage this ZIP code to balance their investment portfolios effectively.
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.