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75059

ZIPFMR
Dallas County, TX
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,491$1,230
1 BR$1,536$1,310
2 BR$1,807$1,450
3 BR$2,275$1,740
4 BR$2,892$2,240
5 BR$3,326Not available
6 BR$3,825Not available
7 BR$4,398Not available
8 BR$5,058Not available

Purchase Price Calculator

Maximum purchase price
$153,553

Cost breakdown

+Likely effective rent$1,450
HUD FMR$1,807
Market rentUsed$1,450
Est. payment standard (90%)$1,630
-Principal and interest-$776
Loan amount$122,842
Down payment$30,711
Rate6.50%
Term30 years
-Operating costs-$474
Property taxes-$154
Insurance-$175
Utilities$0
HOA$0
Management-$145
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,408(76.2% ROI)
Projected value
$165,360
Return breakdown
Property appreciation+$11,807
Loan principal paid down+$4,401
Rental cash flow+$7,200
5-year hold
+$40,027(130.3% ROI)
Projected value
$173,731
Return breakdown
Property appreciation+$20,178
Loan principal paid down+$7,848
Rental cash flow+$12,000
10-year hold
+$85,709(279.1% ROI)
Projected value
$196,561
Return breakdown
Property appreciation+$43,008
Loan principal paid down+$18,701
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.21
1 BR
1.17
2 BR
1.25
3 BR
1.31
4 BR
1.29
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 75059 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 75059 (Irving, TX) is $1,807 a month. That is down 6.4% from $1,931 in FY 2026. Irving 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. The median county two-bedroom FMR in Texas is $1,105, so ZIP 75059 is 64% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75059
BedroomsFY 2027Change90–110% range
Studio$1,491−5.8%$1,342–$1,640
1BR$1,536−6.8%$1,382–$1,690
2BR$1,807−6.4%$1,626–$1,988
3BR$2,275−6.4%$2,048–$2,503
4BR$2,892−6.4%$2,603–$3,181

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75059
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,491$1,536$1,807$2,275$2,892
FY 2026$1,582$1,648$1,931$2,431$3,091
FY 2025$1,531$1,606$1,884$2,361$3,033
FY 2024$1,426$1,500$1,758$2,212$2,847
FY 2023$1,259$1,326$1,565$1,972$2,572

Questions about ZIP 75059 rents

How much will Section 8 pay for a two-bedroom in ZIP 75059?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,807, that basic range is $1,626 to $1,988 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 75059 in?

ZIP 75059 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 75059 for FY 2027?

The two-bedroom FMR fell 6.4%, from $1,931 in FY 2026 to $1,807 in FY 2027. Since FY 2023 it has risen 15.5%.

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