Skip to main content
Loading page
TX/Grayson County/Pilot Point

Pilot Point, TX

CitySAFMR
Grayson County
Found 1 ZIP

City Median Investment Score

86Below average

095130300
BRFMR
Eff. Rent
0 BR$1,230$1,350
1 BR$1,270$1,400
2 BR$1,500$1,570
3 BR$1,900$1,910
4 BR$2,400$2,390
5 BR$2,760Not available
6 BR$3,174Not available
7 BR$3,650Not available
8 BR$4,198Not available

Purchase Price Calculator

Maximum purchase price
$171,385

Cost breakdown

+Likely effective rent$1,570
HUD FMR$1,500
Market rent$1,610
Est. payment standard (105%)Used$1,570
-Principal and interest-$867
Loan amount$137,108
Down payment$34,277
Rate6.50%
Term30 years
-Operating costs-$503
Property taxes-$171
Insurance-$175
Utilities$0
HOA$0
Management-$157
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,290(73.8% ROI)
Projected value
$184,563
Return breakdown
Property appreciation+$13,178
Loan principal paid down+$4,912
Rental cash flow+$7,200
5-year hold
+$43,281(126.3% ROI)
Projected value
$193,906
Return breakdown
Property appreciation+$22,521
Loan principal paid down+$8,760
Rental cash flow+$12,000
10-year hold
+$92,875(271.0% ROI)
Projected value
$219,387
Return breakdown
Property appreciation+$48,002
Loan principal paid down+$20,873
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.79
1 BR
0.80
2 BR
0.93
3 BR
0.99
4 BR
1.00
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Pilot Point, TX fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Pilot Point, TX is $1,500 a month. That is down 2.0% from $1,530 in FY 2026. Pilot Point is in the Sherman-Denison, TX MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Texas is $1,105, so Pilot Point is 36% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Pilot Point, TX
BedroomsFY 2027Change90–110% range
Studio$1,230−1.6%$1,107–$1,353
1BR$1,270−2.3%$1,143–$1,397
2BR$1,500−2.0%$1,350–$1,650
3BR$1,900−2.1%$1,710–$2,090
4BR$2,400−2.0%$2,160–$2,640

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Pilot Point, TX
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,230$1,270$1,500$1,900$2,400
FY 2026$1,250$1,300$1,530$1,940$2,450
FY 2025$1,260$1,330$1,560$1,960$2,510
FY 2024$1,210$1,280$1,500$1,890$2,430
FY 2023$1,140$1,210$1,420$1,800$2,340

Questions about Pilot Point, TX rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,500, that basic range is $1,350 to $1,650 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 Pilot Point, TX in?

Pilot Point, TX is in the Sherman-Denison, TX MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR fell 2.0%, from $1,530 in FY 2026 to $1,500 in FY 2027. Since FY 2023 it has risen 5.6%.

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 Small Area Fair Market Rents and area FMRs. 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