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Blanco County/Spicewood/78669

78669

ZIPSAFMR
Blanco County, TX
Zillow

ZIP Investment Score

50Below average

095130300
BRFMR
Eff. Rent
0 BR$1,630$1,390
1 BR$1,720$1,610
2 BR$2,070$1,960
3 BR$2,640$2,230
4 BR$3,000$3,300
5 BR$3,450Not available
6 BR$3,967Not available
7 BR$4,563Not available
8 BR$5,247Not available

Purchase Price Calculator

Maximum purchase price
$229,339

Cost breakdown

+Likely effective rent$1,960
HUD FMR$2,070
Market rentUsed$1,960
Est. payment standard (97%)$2,000
-Principal and interest-$1,160
Loan amount$183,471
Down payment$45,868
Rate6.50%
Term30 years
-Operating costs-$600
Property taxes-$229
Insurance-$175
Utilities$0
HOA$0
Management-$196
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,407(68.5% ROI)
Projected value
$246,973
Return breakdown
Property appreciation+$17,634
Loan principal paid down+$6,573
Rental cash flow+$7,200
5-year hold
+$53,859(117.4% ROI)
Projected value
$259,476
Return breakdown
Property appreciation+$30,137
Loan principal paid down+$11,722
Rental cash flow+$12,000
10-year hold
+$116,166(253.3% ROI)
Projected value
$293,573
Return breakdown
Property appreciation+$64,234
Loan principal paid down+$27,931
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.17
1 BR
1.07
2 BR
1.06
3 BR
1.18
4 BR
0.85
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 78669 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78669 (Spicewood, TX) is $2,070 a month. That is up 17.6% from $1,760 in FY 2026. Spicewood is in the Blanco County, TX non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,227. Among 11 ZIP codes in Blanco County, 78669 has the highest two-bedroom rent (county range $1,190–$2,070). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78669 is 87% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 78669
BedroomsFY 2027Change90–110% range
Studio$1,630+16.4%$1,467–$1,793
1BR$1,720+15.4%$1,548–$1,892
2BR$2,070+17.6%$1,863–$2,277
3BR$2,640+17.9%$2,376–$2,904
4BR$3,000+15.4%$2,700–$3,300

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 78669
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,630$1,720$2,070$2,640$3,000
FY 2026$1,400$1,490$1,760$2,240$2,600
FY 2025$1,370$1,480$1,740$2,230$2,560
FY 2024$1,210$1,300$1,530$1,960$2,260
FY 2023$1,060$1,170$1,370$1,760$2,040

Two-bedroom rent in nearby Blanco County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 78669
78027$1,490−28.0%
78070$1,410−31.9%
78606$1,190−42.5%
78620$1,890−8.7%
78635$1,300−37.2%
78636$1,670−19.3%
78654$1,670−19.3%
78663$1,670−19.3%
78669Current$2,070—
78671$1,490−28.0%
78676$1,570−24.2%

Questions about ZIP 78669 rents

How much will Section 8 pay for a two-bedroom in ZIP 78669?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,227, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,104 to $1,350 a month; under the ZIP-level Small Area FMR of $2,070 it would be $1,863 to $2,277. 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 78669 in?

ZIP 78669 is in the Blanco County, TX non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,227.

How much did fair market rent change in ZIP 78669 for FY 2027?

The two-bedroom FMR rose 17.6%, from $1,760 in FY 2026 to $2,070 in FY 2027. Since FY 2023 it has risen 51.1%.

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 rentSpicewood, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources