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Kaufman County/Rockwall/75032

75032

ZIPSAFMR
Kaufman County, TX
Zillow

ZIP Investment Score

57Below average

095130300
BRFMR
Eff. Rent
0 BR$1,880$1,400
1 BR$1,940$1,510
2 BR$2,280$1,790
3 BR$2,870$1,960
4 BR$3,650$2,520
5 BR$4,198Not available
6 BR$4,827Not available
7 BR$5,551Not available
8 BR$6,384Not available

Purchase Price Calculator

Maximum purchase price
$204,077

Cost breakdown

+Likely effective rent$1,790
HUD FMR$2,280
Market rentUsed$1,790
Est. payment standard (90%)$2,050
-Principal and interest-$1,032
Loan amount$163,261
Down payment$40,815
Rate6.50%
Term30 years
-Operating costs-$558
Property taxes-$204
Insurance-$175
Utilities$0
HOA$0
Management-$179
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,741(70.4% ROI)
Projected value
$219,768
Return breakdown
Property appreciation+$15,692
Loan principal paid down+$5,849
Rental cash flow+$7,200
5-year hold
+$49,248(120.7% ROI)
Projected value
$230,894
Return breakdown
Property appreciation+$26,817
Loan principal paid down+$10,431
Rental cash flow+$12,000
10-year hold
+$106,013(259.7% ROI)
Projected value
$261,236
Return breakdown
Property appreciation+$57,159
Loan principal paid down+$24,855
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.34
1 BR
1.28
2 BR
1.27
3 BR
1.46
4 BR
1.45
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 75032 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75032 (Rockwall, TX) is $2,280 a month. That is down 3.8% from $2,370 in FY 2026. Rockwall is in the Dallas, TX HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 18 ZIP codes in Kaufman County, 75032 has the 3rd-highest two-bedroom rent (county range $1,020–$2,460). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75032 is 106% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75032
BedroomsFY 2027Change90–110% range
Studio$1,880−3.1%$1,692–$2,068
1BR$1,940−4.0%$1,746–$2,134
2BR$2,280−3.8%$2,052–$2,508
3BR$2,870−3.7%$2,583–$3,157
4BR$3,650−3.7%$3,285–$4,015

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75032
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,880$1,940$2,280$2,870$3,650
FY 2026$1,940$2,020$2,370$2,980$3,790
FY 2025$1,840$1,930$2,270$2,840$3,650
FY 2024$1,670$1,760$2,060$2,590$3,340
FY 2023$1,470$1,550$1,830$2,310$3,010

Two-bedroom rent in nearby Kaufman County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 75032
75032Current$2,280—
75114$1,770−22.4%
75118$1,650−27.6%
75126$2,270−0.4%
75142$1,490−34.6%
75143$1,340−41.2%
75147$1,070−53.1%
75156$1,070−53.1%
75157$1,350−40.8%
75158$1,350−40.8%
75159$1,550−32.0%
75160$1,390−39.0%

Questions about ZIP 75032 rents

How much will Section 8 pay for a two-bedroom in ZIP 75032?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,280, that basic range is $2,052 to $2,508 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 ZIP 75032 in?

ZIP 75032 is in the Dallas, TX HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 75032 for FY 2027?

The two-bedroom FMR fell 3.8%, from $2,370 in FY 2026 to $2,280 in FY 2027. Since FY 2023 it has risen 24.6%.

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

County fair market rentRockwall, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources