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Scurry County/Dunn/79516

79516

ZIPFMR
Scurry County, TX
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$946$970
1 BR$1,010$1,020
2 BR$1,245$1,070
3 BR$1,527$1,540
4 BR$1,636$1,630
5 BR$1,881Not available
6 BR$2,164Not available
7 BR$2,488Not available
8 BR$2,861Not available

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMR$1,245
Market rentUsed$1,070
Est. payment standard (91%)$1,130
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.97
1 BR
0.99
2 BR
1.16
3 BR
0.99
4 BR
1.00
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 79516 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 79516 (Dunn, TX) is $1,245 a month. That is up 12.3% from $1,109 in FY 2026. Dunn is in the Scurry 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 79516 is 13% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 79516
BedroomsFY 2027Change90–110% range
Studio$946+9.7%$851–$1,041
1BR$1,010−0.2%$909–$1,111
2BR$1,245+12.3%$1,121–$1,370
3BR$1,527−0.1%$1,374–$1,680
4BR$1,636+3.0%$1,472–$1,800

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 79516
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$946$1,010$1,245$1,527$1,636
FY 2026$862$1,012$1,109$1,528$1,588
FY 2025$756$871$964$1,351$1,619
FY 2024$748$856$961$1,354$1,631
FY 2023$679$797$900$1,222$1,532

Questions about ZIP 79516 rents

How much will Section 8 pay for a two-bedroom in ZIP 79516?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,245, that basic range is $1,121 to $1,370 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 79516 in?

ZIP 79516 is in the Scurry County, TX non-metropolitan FMR area.

How much did fair market rent change in ZIP 79516 for FY 2027?

The two-bedroom FMR rose 12.3%, from $1,109 in FY 2026 to $1,245 in FY 2027. Since FY 2023 it has risen 38.3%.

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