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Anderson County/Tennessee Colony/75880

75880

ZIPFMR
Anderson County, TX
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$939$990
1 BR$945$990
2 BR$1,201$1,290
3 BR$1,431$1,450
4 BR$1,750$1,580
5 BR$2,012Not available
6 BR$2,314Not available
7 BR$2,662Not available
8 BR$3,061Not available

Purchase Price Calculator

Maximum purchase price
$129,777

Cost breakdown

+Likely effective rent$1,290
HUD FMR$1,201
Market rent$1,340
Est. payment standard (108%)Used$1,290
-Principal and interest-$656
Loan amount$103,822
Down payment$25,955
Rate6.50%
Term30 years
-Operating costs-$434
Property taxes-$130
Insurance-$175
Utilities$0
HOA$0
Management-$129
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,898(80.5% ROI)
Projected value
$139,756
Return breakdown
Property appreciation+$9,979
Loan principal paid down+$3,720
Rental cash flow+$7,200
5-year hold
+$35,687(137.5% ROI)
Projected value
$146,831
Return breakdown
Property appreciation+$17,054
Loan principal paid down+$6,633
Rental cash flow+$12,000
10-year hold
+$76,154(293.4% ROI)
Projected value
$166,126
Return breakdown
Property appreciation+$36,349
Loan principal paid down+$15,806
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.92
1 BR
0.93
2 BR
0.90
3 BR
0.98
4 BR
1.11
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 75880 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 75880 (Tennessee Colony, TX) is $1,201 a month. That is up 7.5% from $1,117 in FY 2026. Tennessee Colony is in the Anderson County, TX non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it. The median county two-bedroom FMR in Texas is $1,105, so ZIP 75880 is 9% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75880
BedroomsFY 2027Change90–110% range
Studio$939+4.9%$845–$1,033
1BR$945+4.9%$851–$1,040
2BR$1,201+7.5%$1,081–$1,321
3BR$1,431+6.9%$1,288–$1,574
4BR$1,750+3.8%$1,575–$1,925

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75880
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$939$945$1,201$1,431$1,750
FY 2026$895$901$1,117$1,339$1,686
FY 2025$846$851$1,033$1,245$1,563
FY 2024$879$885$1,035$1,298$1,663
FY 2023$684$755$907$1,223$1,434

Questions about ZIP 75880 rents

How much will Section 8 pay for a two-bedroom in ZIP 75880?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,201, that basic range is $1,081 to $1,321 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 75880 in?

ZIP 75880 is in the Anderson County, TX non-metropolitan FMR area.

How much did fair market rent change in ZIP 75880 for FY 2027?

The two-bedroom FMR rose 7.5%, from $1,117 in FY 2026 to $1,201 in FY 2027. Since FY 2023 it has risen 32.4%.

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

County fair market rentTennessee Colony, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources