Housing market/Texas/ZIP 75459

ACS 2023 · FY2027 SAFMR

ZIP 75459 Howe, Texas

Sherman-Denison, TX MSA · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
6,620
Households
2,076
Median HH income
$71,458
Renter share
29.6%
Median gross rent
$1,264
Vacancy
15.2%
Pop. change
+25.3%
2BR SAFMR
$1,440
SAFMR / rent
1.139×
2–49 unit stock
292
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 75459 · TX — sent to you.

ZIP 75459 · TX

ACS median rent$1,264
2BR SAFMR$1,440
90% floor$1,296
110% ceiling$1,584

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

Housing stock

ACS 2023 units-in-structure · ZCTA 75459

  • 1-unit detached1,60565.6%
  • 1-unit attached321.3%
  • 2–4 units1094.5%
  • 5–49 units1837.5%
  • Mobile51921.2%
TypeUnitsShare
1-unit detached1,60565.6%
1-unit attached321.3%
2 units (duplex)793.2%
3–4 units301.2%
5–9 units1084.4%
10–19 units110.4%
20–49 units642.6%
50+ units00.0%
Mobile51921.2%

2–4 unit share 4.5% · 5–49 unit share 7.5% · combined 2–49 11.9%.

Units by bedrooms

Studio
123
1BR
120
2BR
459
3BR
1,245
4BR
276
5+
225

Rent burden

Rent ≥30% of income62.9%
Rent ≥50% of income29.8%
  • ACS median gross rent $1,264 (all bedrooms, occupied rentals).
  • Median contract rent $1,167.
  • Renters paying ≥30% of income 62.9%; ≥50% 29.8%.
  • FY2027 2BR SAFMR $1,440 (1.139× ACS median gross rent).

Population

6,620 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +25.3%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 696 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 75459 29.6% of occupied households are renters; vacancy is 15.2%; ACS median gross rent is $1,264; population increased +25.3% between the 2018 and 2023 ACS vintages; the housing stock includes 109 units in 2–4-unit structures and 183 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,440 versus ACS median gross rent of $1,264. 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 75459 is a Census / HUD profile for Sherman-Denison, 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 75459?

ZIP 75459 (Sherman-Denison, TX MSA) has 6,620 residents, 2,076 households, a renter share of 29.6%, median household income of $71,458, and ACS 2023 median gross rent of $1,264. Vacancy is 15.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 75459?

ACS counts 79 units in 2-unit buildings, 30 in 3–4 unit buildings, 108 in 5–9, 11 in 10–19, and 64 in 20–49. Combined 2–49 unit stock is 292 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 75459?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,440. See the full schedule and 90–110% payment-standard band on the ZIP 75459 — Howe, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 75459 is Census / HUD research for Sherman-Denison, TX MSA. 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.