Texas
Shelby County
ZIP 75974
24,108 residents4 permits TTM$50,436 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$111,700
ACS 5-Year
Cap rate proxy
8.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.8%
HUD FMR ÷ ACS HHI
Net migration
+0.56%
IRS SOI
Permits (TTM)
4
Census BPS
Climate risk
55.7
FEMA NRI (0–100)
ZIP 75974
Median home value
$223,683
Gross yield
5.2%
Cap rate
4.5%
Rent gap
14.5%
Affordability
P/I: 4.4R/I: —
Section 8 detail
SAFMR: $973Rent: $832Gap: 16.9%
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 75935 | $202,631 | $973 | 5.8% | 4.9% | 14.5% |
| 75954 | $217,746 | $973 | 5.4% | 4.6% | 14.5% |
| 75974 | $223,683 | $973 | 5.2% | 4.5% | 14.5% |
| 75973 | $232,542 | $973 | 5.0% | 4.3% | 14.5% |
| 75975 | $252,072 | $973 | 4.6% | 4.0% | 14.5% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
75.0%
Census ACS
Vacancy rate
20.4%
Census ACS
Bachelor's degree +
13.7%
Census ACS
Rent burdened
27.2%
Census ACS (>30% income)
Median age
40.0
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026