75798
ZIPFMR
Smith County, TX
BRFMR
Eff. Rent
0 BR$984$880
1 BR$1,089$950
2 BR$1,338$1,240
3 BR$1,793$1,680
4 BR$1,981$1,940
5 BR$2,278
6 BR$2,620
7 BR$3,013
8 BR$3,465

Purchase Price Calculator

Maximum purchase price
$122,347

Cost breakdown

+Likely effective rent$1,240
HUD FMR$1,338
Market rentUsed$1,240
Est. payment standard (95%)$1,270
Market rent is below the inferred standard ($1,270, 95% of FMR).
-Principal and interest-$619
Loan amount$97,878
Down payment$24,469
Rate6.50%
Term30 years
-Operating costs-$421
Property taxes-$122
Insurance-$175
Utilities$0
HOA$0
Management-$124
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,114(82.2% ROI)
Projected value
$131,754
Current value$122,347
Return breakdown
Property appreciation+$9,407
Loan principal paid down+$3,507
Rental cash flow+$7,200
5-year hold
+$34,331(140.3% ROI)
Projected value
$138,424
Current value$122,347
Return breakdown
Property appreciation+$16,077
Loan principal paid down+$6,253
Rental cash flow+$12,000
10-year hold
+$73,168(299.0% ROI)
Projected value
$156,615
Current value$122,347
Return breakdown
Property appreciation+$34,268
Loan principal paid down+$14,901
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
1.12ratio
FMR$984
Market$880
vs market+$104

FMR is above market; underwrite to market rent.

90% standard$886 / 1.01 ratio110% standard$1,082 / 1.23 ratio
1.12
1 BR
1 BR
1.15ratio
FMR$1,089
Market$950
vs market+$139

FMR is above market; underwrite to market rent.

90% standard$980 / 1.03 ratio110% standard$1,198 / 1.26 ratio
1.15
2 BR
2 BR
1.08ratio
FMR$1,338
Market$1,240
vs market+$98

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

90% standard$1,204 / 0.97 ratio110% standard$1,472 / 1.19 ratio
1.08
3 BR
3 BR
1.07ratio
FMR$1,793
Market$1,680
vs market+$113

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

90% standard$1,614 / 0.96 ratio110% standard$1,972 / 1.17 ratio
1.07
4 BR
4 BR
1.02ratio
FMR$1,981
Market$1,940
vs market+$41

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

90% standard$1,783 / 0.92 ratio110% standard$2,179 / 1.12 ratio
1.02
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 75798 (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 FMR 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.

75798 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 75798 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,338 and the 4 bedroom fair market rent is $1,981.

Use this page for searches like 75798 FMR, 75798 fair market rent, and 75798 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 75798
Bedroom sizeHUD FMR
Studio$984
1 bedroom$1,089
2 bedroom$1,338
3 bedroom$1,793
4 bedroom$1,981