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75799

ZIPFMR
Smith County, TX
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$948$880
1 BR$1,041$950
2 BR$1,277$1,240
3 BR$1,718$1,680
4 BR$1,855$1,910
5 BR$2,133Not available
6 BR$2,453Not available
7 BR$2,821Not available
8 BR$3,244Not available

Purchase Price Calculator

Maximum purchase price
$122,347

Cost breakdown

+Likely effective rent$1,240
HUD FMR$1,277
Market rentUsed$1,240
Est. payment standard (98%)$1,250
-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
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
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
Return breakdown
Property appreciation+$34,268
Loan principal paid down+$14,901
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.08
1 BR
1.10
2 BR
1.03
3 BR
1.02
4 BR
0.96
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 75799 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 75799 (Tyler, TX) is $1,277 a month. That is down 4.6% from $1,338 in FY 2026. Tyler is in the Tyler, TX MSA. The median county two-bedroom FMR in Texas is $1,105, so ZIP 75799 is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75799
BedroomsFY 2027Change90–110% range
Studio$948−3.7%$853–$1,043
1BR$1,041−4.4%$937–$1,145
2BR$1,277−4.6%$1,149–$1,405
3BR$1,718−4.2%$1,546–$1,890
4BR$1,855−6.4%$1,670–$2,041

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75799
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$948$1,041$1,277$1,718$1,855
FY 2026$984$1,089$1,338$1,793$1,981
FY 2025$995$1,084$1,333$1,776$2,011
FY 2024$966$1,009$1,235$1,621$1,912
FY 2023$923$927$1,133$1,460$1,787

Questions about ZIP 75799 rents

How much will Section 8 pay for a two-bedroom in ZIP 75799?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,277, that basic range is $1,149 to $1,405 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 75799 in?

ZIP 75799 is in the Tyler, TX MSA. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 75799 for FY 2027?

The two-bedroom FMR fell 4.6%, from $1,338 in FY 2026 to $1,277 in FY 2027. Since FY 2023 it has risen 12.7%.

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