75707
ZIPSAFMR
Smith County, TX
BRFMR
Eff. Rent
0 BR$1,150$1,160
1 BR$1,270$1,260
2 BR$1,560$1,470
3 BR$2,090$1,690
4 BR$2,310$2,100
5 BR$2,657
6 BR$3,055
7 BR$3,513
8 BR$4,040

Purchase Price Calculator

Maximum purchase price
$156,525

Cost breakdown

+Likely effective rent$1,470
HUD FMR$1,560
Market rentUsed$1,470
Est. payment standard (96%)$1,500
Market rent is below the inferred standard ($1,500, 96% of FMR).
-Principal and interest-$791
Loan amount$125,220
Down payment$31,305
Rate6.50%
Term30 years
-Operating costs-$479
Property taxes-$157
Insurance-$175
Utilities$0
HOA$0
Management-$147
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,722(75.8% ROI)
Projected value
$168,560
Current value$156,525
Return breakdown
Property appreciation+$12,035
Loan principal paid down+$4,486
Rental cash flow+$7,200
5-year hold
+$40,569(129.6% ROI)
Projected value
$177,094
Current value$156,525
Return breakdown
Property appreciation+$20,569
Loan principal paid down+$8,000
Rental cash flow+$12,000
10-year hold
+$86,904(277.6% ROI)
Projected value
$200,365
Current value$156,525
Return breakdown
Property appreciation+$43,840
Loan principal paid down+$19,063
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.98ratio
FMR$1,150
Market$1,170
vs market-$20

FMR is near market; voucher and private rents are aligned.

90% standard$1,035 / 0.88 ratio110% standard$1,265 / 1.08 ratio
0.98
1 BR
1 BR
1.01ratio
FMR$1,270
Market$1,260
vs market+$10

FMR is near market; voucher and private rents are aligned.

90% standard$1,143 / 0.91 ratio110% standard$1,397 / 1.11 ratio
1.01
2 BR
2 BR
1.06ratio
FMR$1,560
Market$1,470
vs market+$90

FMR is near market; voucher and private rents are aligned.

90% standard$1,404 / 0.96 ratio110% standard$1,716 / 1.17 ratio
1.06
3 BR
3 BR
1.24ratio
FMR$2,090
Market$1,690
vs market+$400

FMR is above market; underwrite to market rent.

90% standard$1,881 / 1.11 ratio110% standard$2,299 / 1.36 ratio
1.24
4 BR
4 BR
1.10ratio
FMR$2,310
Market$2,100
vs market+$210

FMR is near market; voucher and private rents are aligned.

90% standard$2,079 / 0.99 ratio110% standard$2,541 / 1.21 ratio
1.10
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 75707 (TX) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

75707 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 75707 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,560 and the 4 bedroom fair market rent is $2,310.

Use this page for searches like 75707 FMR, 75707 fair market rent, and 75707 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 75707
Bedroom sizeHUD FMR
Studio$1,150
1 bedroom$1,270
2 bedroom$1,560
3 bedroom$2,090
4 bedroom$2,310