Housing market/Texas/ZIP 76245

ACS 2023 · FY2027 SAFMR

ZIP 76245 Gordonville, 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
1,778
Households
753
Median HH income
$75,391
Renter share
9.0%
Median gross rent
$840
Vacancy
46.5%
Pop. change
-14.0%
2BR SAFMR
$1,260
SAFMR / rent
1.500×
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 76245 · TX — sent to you.

ZIP 76245 · TX

ACS median rent$840
2BR SAFMR$1,260
90% floor$1,134
110% ceiling$1,386

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

Housing stock

ACS 2023 units-in-structure · ZCTA 76245

  • 1-unit detached1,09278.5%
  • 1-unit attached201.4%
  • Mobile27920.1%
TypeUnitsShare
1-unit detached1,09277.6%
1-unit attached201.4%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile27919.8%

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

Units by bedrooms

Studio
70
1BR
303
2BR
321
3BR
608
4BR
97
5+
9

Rent burden

Rent ≥30% of income0.0%
Rent ≥50% of income0.0%
  • ACS median gross rent $840 (all bedrooms, occupied rentals).
  • Median contract rent $381.
  • Renters paying ≥30% of income 0.0%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,260 (1.500× ACS median gross rent).

Population

1,778 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -14.0%.

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 76245 9.0% of occupied households are renters; vacancy is 46.5%; ACS median gross rent is $840; population changed -14.0% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,260 versus ACS median gross rent of $840. 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 76245 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 76245?

ZIP 76245 (Sherman-Denison, TX MSA) has 1,778 residents, 753 households, a renter share of 9.0%, median household income of $75,391, and ACS 2023 median gross rent of $840. Vacancy is 46.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 76245?

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

What is the Section 8 rent in 76245?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,260. See the full schedule and 90–110% payment-standard band on the ZIP 76245 — Gordonville, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 76245 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.