Housing market/Texas/ZIP 75247

ACS 2023 · FY2027 SAFMR

ZIP 75247 Dallas, Texas

Dallas, TX HUD Metro FMR Area · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
833
Households
288
Median HH income
$20,274
Renter share
100.0%
Median gross rent
$1,218
Vacancy
14.8%
Pop. change
+14.1%
2BR SAFMR
$1,420
SAFMR / rent
1.166×
2–49 unit stock
53
LIHTC proj / units
1 / 156
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 75247 · TX — sent to you.

ZIP 75247 · TX

ACS median rent$1,218
2BR SAFMR$1,420
90% floor$1,278
110% ceiling$1,562

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 75247

  • 1-unit detached123.6%
  • 5–49 units5315.7%
  • 50+ units27380.8%
TypeUnitsShare
1-unit detached123.6%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units3811.2%
10–19 units154.4%
20–49 units00.0%
50+ units27380.8%
Mobile00.0%

2–4 unit share 0.0% · 5–49 unit share 15.7% · combined 2–49 15.7%.

Units by bedrooms

Studio
58
1BR
144
2BR
124
3BR
12
4BR
0
5+
0

Rent burden

Rent ≥30% of income100.0%
Rent ≥50% of income85.4%
  • ACS median gross rent $1,218 (all bedrooms, occupied rentals).
  • Median contract rent $1,087.
  • Renters paying ≥30% of income 100.0%; ≥50% 85.4%.
  • FY2027 2BR SAFMR $1,420 (1.166× ACS median gross rent).

Population

833 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +14.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 156 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 7,864 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 75247 100.0% of occupied households are renters; vacancy is 14.8%; ACS median gross rent is $1,218; population increased +14.1% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 53 units in 5–49-unit structures; 1 LIHTC projects totaling 156 units; FY2027 2BR SAFMR is $1,420 versus ACS median gross rent of $1,218. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Texas research

ZIP 75247 is a Census / HUD profile for Dallas, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Texas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 75247?

ZIP 75247 (Dallas, TX HUD Metro FMR Area) has 833 residents, 288 households, a renter share of 100.0%, median household income of $20,274, and ACS 2023 median gross rent of $1,218. Vacancy is 14.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 75247?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 38 in 5–9, 15 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 53 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 75247?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,420. See the full schedule and 90–110% payment-standard band on the ZIP 75247 — Dallas, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 75247 is Census / HUD research for Dallas, TX HUD Metro FMR Area. Jeff Crowe CRE does not list Texas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.