LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,576
Monthly Cash Flow
$80
Principal + Equity
$987
Annual Total Gain
$12,804
Cash on Cash
1.93%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Cities to Retire in America
#69out of 229 markets
Best Cities to Buy a House in America
#13out of 229 markets
Cities with the Lowest Cost of Living in America
#15out of 229 markets
B
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Abilene, TX.
As of September 2021, Abilene, TX does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware that the city may choose to implement regulations in the future.
Investors should also be aware of any homeowner association (HOA) regulations or restrictions that may prohibit or limit short term rentals in certain neighborhoods or developments. It is important to thoroughly review any HOA documents before purchasing a property for short term rental purposes.
Additionally, investors should be aware of any potential zoning restrictions that may impact their ability to operate a short term rental in a particular area of Abilene. It is advisable to consult with the city's planning department or a local real estate attorney to understand the zoning regulations that may apply to short term rentals.
Overall, investors should conduct thorough research and due diligence before purchasing a property in Abilene for short term rental purposes to ensure compliance with any existing or future regulations.
Market Trends Over Time
Explore 25 years of market data for Abilene, TX, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Abilene, TX.
The LTR Genie Score of Abilene, TX is 68 and STR Genie Score is 75, indicating a moderate to high level of attractiveness for both long-term and short-term rental investments. The LTR Rentability being low may be due to factors such as low rent growth rate and 1-year price appreciation forecast. However, the high LTR Net ROI of 25.81% suggests that despite lower rentability, investors can still expect a good return on their investment over time. On the other hand, the high STR Genie Score of 75 is likely influenced by factors such as high STR Net ROI of 28.79% and strong STR occupancy rate of 67.74%. This indicates that short-term rental properties in Abilene may offer a higher return on investment and consistent occupancy rates compared to long-term rentals.
Abilene, TX is a city located in West Texas known for its strong economy driven by industries such as healthcare, education, and manufacturing. The city offers a diverse range of housing options and a relatively stable real estate market, making it an attractive location for real estate investors looking for long-term growth potential.
Based on the metrics provided, Abilene, TX appears to be a favorable market for both long-term and short-term rental investments. Investors may consider diversifying their portfolio by investing in both rental strategies to maximize their returns. However, it is important to conduct thorough market research and due diligence before making any investment decisions in order to ensure success in the Abilene real estate market.
LTR Genie Score 93
$235,000
🛏 4 Beds🛁 2.0000 Baths🏙 1,769 sqft.🏠 SINGLE FAMILY
