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Flat, TX

CityFMR
Coryell County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$921$921
1 BR$927$927
2 BR$1,138$1,138
3 BR$1,576$1,576
4 BR$1,902$1,902
5 BR$2,187Not available
6 BR$2,515Not available
7 BR$2,893Not available
8 BR$3,327Not available

Purchase Price Calculator

Maximum purchase price
$107,190

Cost breakdown

+Likely effective rent$1,138
HUD FMRUsed$1,138
Market rentN/A
Est. payment standardN/A
-Principal and interest-$542
Loan amount$85,752
Down payment$21,438
Rate6.50%
Term30 years
-Operating costs-$396
Property taxes-$107
Insurance-$175
Utilities$0
HOA$0
Management-$114
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,514(86.4% ROI)
Projected value
$115,432
Return breakdown
Property appreciation+$8,242
Loan principal paid down+$3,072
Rental cash flow+$7,200
5-year hold
+$31,564(147.2% ROI)
Projected value
$121,275
Return breakdown
Property appreciation+$14,086
Loan principal paid down+$5,479
Rental cash flow+$12,000
10-year hold
+$67,077(312.9% ROI)
Projected value
$137,212
Return breakdown
Property appreciation+$30,022
Loan principal paid down+$13,055
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Flat, TX fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Flat, TX is $1,138 a month. That is down 7.7% from $1,233 in FY 2026. Flat is in the Killeen-Temple, TX HUD Metro FMR Area. The median county two-bedroom FMR in Texas is $1,105, so Flat is 3% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Flat, TX
BedroomsFY 2027Change90–110% range
Studio$921−6.3%$829–$1,013
1BR$927−6.4%$834–$1,020
2BR$1,138−7.7%$1,024–$1,252
3BR$1,576−7.9%$1,418–$1,734
4BR$1,902−8.0%$1,712–$2,092

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Flat, TX
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$921$927$1,138$1,576$1,902
FY 2026$983$990$1,233$1,711$2,068
FY 2025$924$930$1,172$1,631$1,968
FY 2024$895$900$1,135$1,599$1,926
FY 2023$749$754$957$1,360$1,630

Questions about Flat, TX rents

How much will Section 8 pay for a two-bedroom in Flat, TX?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,138, that basic range is $1,024 to $1,252 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Flat, TX in?

Flat, TX is in the Killeen-Temple, TX HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in Flat, TX for FY 2027?

The two-bedroom FMR fell 7.7%, from $1,233 in FY 2026 to $1,138 in FY 2027. Since FY 2023 it has risen 18.9%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Fair Market Rents. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set