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Williamson County/Bertram/78605

78605

ZIPSAFMR
Williamson County, TX
Zillow

ZIP Investment Score

88Below average

095130300
BRFMR
Eff. Rent
0 BR$1,330$1,370
1 BR$1,410$1,240
2 BR$1,670$1,520
3 BR$2,120$1,810
4 BR$2,490$1,970
5 BR$2,864Not available
6 BR$3,293Not available
7 BR$3,787Not available
8 BR$4,355Not available

Purchase Price Calculator

Maximum purchase price
$163,955

Cost breakdown

+Likely effective rent$1,520
HUD FMR$1,670
Market rentUsed$1,520
Est. payment standard (94%)$1,570
-Principal and interest-$829
Loan amount$131,164
Down payment$32,791
Rate6.50%
Term30 years
-Operating costs-$491
Property taxes-$164
Insurance-$175
Utilities$0
HOA$0
Management-$152
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,506(74.7% ROI)
Projected value
$176,561
Return breakdown
Property appreciation+$12,607
Loan principal paid down+$4,699
Rental cash flow+$7,200
5-year hold
+$41,925(127.9% ROI)
Projected value
$185,500
Return breakdown
Property appreciation+$21,545
Loan principal paid down+$8,380
Rental cash flow+$12,000
10-year hold
+$89,889(274.1% ROI)
Projected value
$209,876
Return breakdown
Property appreciation+$45,921
Loan principal paid down+$19,968
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.96
1 BR
1.14
2 BR
1.10
3 BR
1.17
4 BR
1.26
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 78605 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78605 (Bertram, TX) is $1,670 a month. That is down 5.1% from $1,760 in FY 2026. Bertram is in the Austin-Round Rock-San Marcos, TX MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,817. Among 34 ZIP codes in Williamson County, 78605 is tied for the 27th-highest two-bedroom rent (county range $1,670–$2,230). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78605 is 51% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 78605
BedroomsFY 2027Change90–110% range
Studio$1,330−5.0%$1,197–$1,463
1BR$1,410−5.4%$1,269–$1,551
2BR$1,670−5.1%$1,503–$1,837
3BR$2,120−5.4%$1,908–$2,332
4BR$2,490−4.2%$2,241–$2,739

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 78605
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,330$1,410$1,670$2,120$2,490
FY 2026$1,400$1,490$1,760$2,240$2,600
FY 2025$1,410$1,520$1,790$2,290$2,630
FY 2024$1,560$1,680$1,980$2,540$2,920
FY 2023$1,290$1,420$1,670$2,140$2,480

Two-bedroom rent in nearby Williamson County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 78605
78605Current$1,670—
78613$1,970+18.0%
78615$1,6700.0%
78621$1,6700.0%
78626$1,980+18.6%
78627$1,890+13.2%
78628$1,740+4.2%
78630$1,890+13.2%
78633$2,230+33.5%
78634$2,170+29.9%
78641$1,950+16.8%
78642$1,680+0.6%

Questions about ZIP 78605 rents

How much will Section 8 pay for a two-bedroom in ZIP 78605?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,817, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,635 to $1,999 a month; under the ZIP-level Small Area FMR of $1,670 it would be $1,503 to $1,837. 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 78605 in?

ZIP 78605 is in the Austin-Round Rock-San Marcos, TX MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,817.

How much did fair market rent change in ZIP 78605 for FY 2027?

The two-bedroom FMR fell 5.1%, from $1,760 in FY 2026 to $1,670 in FY 2027. Since FY 2023 it has risen 0.0%.

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 Small Area Fair Market Rents and area FMRs. 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 rentBertram, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources