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75599

ZIPFMR
Bowie County, TX
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$839$839
1 BR$874$874
2 BR$1,118$1,118
3 BR$1,403$1,403
4 BR$1,683$1,683
5 BR$1,935Not available
6 BR$2,226Not available
7 BR$2,560Not available
8 BR$2,944Not available

Purchase Price Calculator

Maximum purchase price
$104,218

Cost breakdown

+Likely effective rent$1,118
HUD FMRUsed$1,118
Market rentN/A
Est. payment standardN/A
-Principal and interest-$527
Loan amount$83,374
Down payment$20,844
Rate6.50%
Term30 years
-Operating costs-$391
Property taxes-$104
Insurance-$175
Utilities$0
HOA$0
Management-$112
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,200(87.3% ROI)
Projected value
$112,231
Return breakdown
Property appreciation+$8,013
Loan principal paid down+$2,987
Rental cash flow+$7,200
5-year hold
+$31,022(148.8% ROI)
Projected value
$117,913
Return breakdown
Property appreciation+$13,695
Loan principal paid down+$5,327
Rental cash flow+$12,000
10-year hold
+$65,883(316.1% ROI)
Projected value
$133,408
Return breakdown
Property appreciation+$29,190
Loan principal paid down+$12,693
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 75599 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 75599 (Texarkana, TX) is $1,118 a month. That is up 1.5% from $1,101 in FY 2026. Texarkana is in the Texarkana, TX-Texarkana, AR HUD Metro FMR Area. The median county two-bedroom FMR in Texas is $1,105, so ZIP 75599 is 1% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75599
BedroomsFY 2027Change90–110% range
Studio$839−2.3%$755–$923
1BR$874+0.7%$787–$961
2BR$1,118+1.5%$1,006–$1,230
3BR$1,403+2.5%$1,263–$1,543
4BR$1,683+1.6%$1,515–$1,851

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75599
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$839$874$1,118$1,403$1,683
FY 2026$859$868$1,101$1,369$1,657
FY 2025$848$853$1,071$1,327$1,677
FY 2024$779$784$982$1,221$1,601
FY 2023$704$709$890$1,109$1,444

Questions about ZIP 75599 rents

How much will Section 8 pay for a two-bedroom in ZIP 75599?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,118, that basic range is $1,006 to $1,230 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 75599 in?

ZIP 75599 is in the Texarkana, TX-Texarkana, AR HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 75599 for FY 2027?

The two-bedroom FMR rose 1.5%, from $1,101 in FY 2026 to $1,118 in FY 2027. Since FY 2023 it has risen 25.6%.

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 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