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Sanger, TX

CitySAFMR
Cooke County
Found 1 ZIP

City Median Investment Score

73Below average

095130300
BRFMR
Eff. Rent
0 BR$1,390$1,460
1 BR$1,430$1,510
2 BR$1,680$1,620
3 BR$2,120$1,890
4 BR$2,690$2,260
5 BR$3,093Not available
6 BR$3,558Not available
7 BR$4,091Not available
8 BR$4,705Not available

Purchase Price Calculator

Maximum purchase price
$178,815

Cost breakdown

+Likely effective rent$1,620
HUD FMR$1,680
Market rentUsed$1,620
Est. payment standard (98%)$1,640
-Principal and interest-$904
Loan amount$143,052
Down payment$35,763
Rate6.50%
Term30 years
-Operating costs-$516
Property taxes-$179
Insurance-$175
Utilities$0
HOA$0
Management-$162
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,074(72.9% ROI)
Projected value
$192,564
Return breakdown
Property appreciation+$13,749
Loan principal paid down+$5,125
Rental cash flow+$7,200
5-year hold
+$44,637(124.8% ROI)
Projected value
$202,313
Return breakdown
Property appreciation+$23,498
Loan principal paid down+$9,140
Rental cash flow+$12,000
10-year hold
+$95,861(268.0% ROI)
Projected value
$228,898
Return breakdown
Property appreciation+$50,083
Loan principal paid down+$21,778
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.93
1 BR
0.92
2 BR
1.04
3 BR
1.12
4 BR
1.19
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Sanger, TX fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sanger, TX is $1,680 a month. That is down 8.2% from $1,830 in FY 2026. Sanger is in the Cooke County, TX non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,314. The median county two-bedroom FMR in Texas is $1,105, so Sanger is 52% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Sanger, TX
BedroomsFY 2027Change90–110% range
Studio$1,390−7.3%$1,251–$1,529
1BR$1,430−8.3%$1,287–$1,573
2BR$1,680−8.2%$1,512–$1,848
3BR$2,120−7.8%$1,908–$2,332
4BR$2,690−8.2%$2,421–$2,959

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Sanger, TX
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,390$1,430$1,680$2,120$2,690
FY 2026$1,500$1,560$1,830$2,300$2,930
FY 2025$1,490$1,570$1,840$2,310$2,960
FY 2024$1,440$1,510$1,770$2,230$2,870
FY 2023$1,280$1,350$1,590$2,000$2,610

Questions about Sanger, TX rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,314, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,183 to $1,445 a month; under the ZIP-level Small Area FMR of $1,680 it would be $1,512 to $1,848. 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 Sanger, TX in?

Sanger, TX is in the Cooke County, TX non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,314.

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

The two-bedroom FMR fell 8.2%, from $1,830 in FY 2026 to $1,680 in FY 2027. Since FY 2023 it has risen 5.7%.

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