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Ellis County/Waxahachie/75167

75167

ZIPSAFMR
Ellis County, TX
Zillow

ZIP Investment Score

51Below average

095130300
BRFMR
Eff. Rent
0 BR$1,850$1,210
1 BR$1,920$1,370
2 BR$2,250$1,740
3 BR$2,840$2,040
4 BR$3,600$2,610
5 BR$4,140Not available
6 BR$4,761Not available
7 BR$5,475Not available
8 BR$6,296Not available

Purchase Price Calculator

Maximum purchase price
$196,647

Cost breakdown

+Likely effective rent$1,740
HUD FMR$2,250
Market rentUsed$1,740
Est. payment standard (90%)$2,030
-Principal and interest-$994
Loan amount$157,317
Down payment$39,329
Rate6.50%
Term30 years
-Operating costs-$546
Property taxes-$197
Insurance-$175
Utilities$0
HOA$0
Management-$174
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,957(71.1% ROI)
Projected value
$211,767
Return breakdown
Property appreciation+$15,120
Loan principal paid down+$5,636
Rental cash flow+$7,200
5-year hold
+$47,892(121.8% ROI)
Projected value
$222,488
Return breakdown
Property appreciation+$25,841
Loan principal paid down+$10,051
Rental cash flow+$12,000
10-year hold
+$103,028(262.0% ROI)
Projected value
$251,725
Return breakdown
Property appreciation+$55,078
Loan principal paid down+$23,950
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.53
1 BR
1.40
2 BR
1.29
3 BR
1.39
4 BR
1.38
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 75167 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75167 (Waxahachie, TX) is $2,250 a month. That is down 10.0% from $2,500 in FY 2026. Waxahachie 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 22 ZIP codes in Ellis County, 75167 has the highest two-bedroom rent (county range $1,100–$2,250). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75167 is 104% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75167
BedroomsFY 2027Change90–110% range
Studio$1,850−9.8%$1,665–$2,035
1BR$1,920−9.9%$1,728–$2,112
2BR$2,250−10.0%$2,025–$2,475
3BR$2,840−9.8%$2,556–$3,124
4BR$3,600−10.0%$3,240–$3,960

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75167
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,850$1,920$2,250$2,840$3,600
FY 2026$2,050$2,130$2,500$3,150$4,000
FY 2025$1,980$2,080$2,440$3,060$3,930
FY 2024$1,880$1,980$2,320$2,920$3,760
FY 2023$1,560$1,640$1,940$2,440$3,190

Two-bedroom rent in nearby Ellis County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 75167
75101$1,420−36.9%
75104$2,160−4.0%
75119$1,460−35.1%
75125$1,340−40.4%
75146$1,850−17.8%
75152$1,850−17.8%
75154$1,780−20.9%
75165$1,720−23.6%
75167Current$2,250—
75168$1,710−24.0%
76041$1,690−24.9%
76050$1,370−39.1%

Questions about ZIP 75167 rents

How much will Section 8 pay for a two-bedroom in ZIP 75167?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,250, that basic range is $2,025 to $2,475 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 75167 in?

ZIP 75167 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 75167 for FY 2027?

The two-bedroom FMR fell 10.0%, from $2,500 in FY 2026 to $2,250 in FY 2027. Since FY 2023 it has risen 16.0%.

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