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Collin County/Garland/75044

75044

ZIPSAFMR
Collin County, TX
Zillow

ZIP Investment Score

79Below average

095130300
BRFMR
Eff. Rent
0 BR$1,640$1,200
1 BR$1,690$1,540
2 BR$1,990$1,900
3 BR$2,510$2,150
4 BR$3,190$2,760
5 BR$3,668Not available
6 BR$4,219Not available
7 BR$4,852Not available
8 BR$5,579Not available

Purchase Price Calculator

Maximum purchase price
$220,423

Cost breakdown

+Likely effective rent$1,900
HUD FMR$1,990
Market rentUsed$1,900
Est. payment standard (97%)$1,930
-Principal and interest-$1,115
Loan amount$176,338
Down payment$44,085
Rate6.50%
Term30 years
-Operating costs-$585
Property taxes-$220
Insurance-$175
Utilities$0
HOA$0
Management-$190
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,466(69.1% ROI)
Projected value
$237,371
Return breakdown
Property appreciation+$16,948
Loan principal paid down+$6,318
Rental cash flow+$7,200
5-year hold
+$52,232(118.5% ROI)
Projected value
$249,388
Return breakdown
Property appreciation+$28,965
Loan principal paid down+$11,266
Rental cash flow+$12,000
10-year hold
+$112,583(255.4% ROI)
Projected value
$282,160
Return breakdown
Property appreciation+$61,737
Loan principal paid down+$26,846
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.37
1 BR
1.10
2 BR
1.05
3 BR
1.17
4 BR
1.16
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 75044 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75044 (Garland, TX) is $1,990 a month. That is down 6.6% from $2,130 in FY 2026. Garland 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 47 ZIP codes in Collin County, 75044 is tied for the 32nd-highest two-bedroom rent (county range $1,100–$2,710). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75044 is 80% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75044
BedroomsFY 2027Change90–110% range
Studio$1,640−6.3%$1,476–$1,804
1BR$1,690−7.1%$1,521–$1,859
2BR$1,990−6.6%$1,791–$2,189
3BR$2,510−6.3%$2,259–$2,761
4BR$3,190−6.5%$2,871–$3,509

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75044
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,640$1,690$1,990$2,510$3,190
FY 2026$1,750$1,820$2,130$2,680$3,410
FY 2025$1,690$1,770$2,080$2,610$3,350
FY 2024$1,550$1,630$1,910$2,400$3,090
FY 2023$1,380$1,450$1,710$2,150$2,810

Two-bedroom rent in nearby Collin County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 75044
75023$2,200+10.6%
75024$2,410+21.1%
75025$2,270+14.1%
75026$2,070+4.0%
75033$2,330+17.1%
75034$2,360+18.6%
75035$2,530+27.1%
75044Current$1,990—
75048$2,100+5.5%
75058$1,700−14.6%
75069$1,890−5.0%
75070$2,140+7.5%

Questions about ZIP 75044 rents

How much will Section 8 pay for a two-bedroom in ZIP 75044?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,990, that basic range is $1,791 to $2,189 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 75044 in?

ZIP 75044 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 75044 for FY 2027?

The two-bedroom FMR fell 6.6%, from $2,130 in FY 2026 to $1,990 in FY 2027. Since FY 2023 it has risen 16.4%.

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