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Amarillo, TX Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,267
Monthly Cash Flow
-$142
Principal + Equity
$1,023
Annual Total Gain
$10,579
Cash on Cash
-3.39%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$124
Occupancy Rate
54.84%
Monthly Revenue
$1,480
Monthly Cash Flow
-$151
Principal + Equity
$1,023
Annual Total Gain
$10,472
Cash on Cash %
-3.6%
Net ROI %
Market Health & Growth
Median Income
$62,469
Population
200,945
LTR Renter %
40.45%
Forecast (1 yr)
1.02%
Appreciation (1 yr)
0.71%
Appreciation (5 yr)
37.95%
Appreciation (10 yr)
65.95%
Job Growth
-0.74%
LTR Rentability
Moderate
STR Demand
54
STR Rentals
634
Top Public Schools
A-Hillside Elementary School
A-Arden Road Elementary School
A-
A-
A-
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
#47out of 229 markets
Best Cities to Buy a House in America
#26out of 229 markets
Cities with the Lowest Cost of Living in America
#14out of 229 markets
B
Public School
D
Crime And Safety
B-
Housing
B
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Amarillo, TX.
As of September 2021, Amarillo, TX does not have specific regulations in place for short term rentals (STRs) such as those found on platforms like Airbnb or Vrbo. However, it is important for investors to be aware of potential changes in regulations and to stay informed about any developments in this area.
Investors should also consider the potential impact of STRs on the local community, including issues such as noise, parking, and property maintenance. It is important to be a responsible host and to ensure that guests are respectful of the neighborhood and local regulations.
Additionally, investors should be aware of any potential zoning restrictions that may apply to STRs in Amarillo. It is important to research the specific zoning regulations in the area where the property is located to ensure compliance with local laws.
Overall, while there are currently no specific regulations in place for STRs in Amarillo, investors should stay informed about any potential changes and be proactive in addressing any concerns that may arise from operating a short term rental property in the area.
Market Trends Over Time
Explore 25 years of market data for Amarillo, 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 Amarillo, TX.
The LTR Genie Score of Amarillo, TX is 62, indicating a moderate level of rentability for long-term rental properties. The STR Genie Score is 48, suggesting a slightly lower level of rentability for short-term rental properties. The LTR Net ROI of 21.08% and STR Net ROI of 20.86% are both relatively high, indicating strong potential for return on investment in both rental strategies. The 1-Year Price Appreciation Forecast of 1.02% suggests a stable market with potential for modest growth. The STR Occupancy rate of 54.84% and STR Revenue of 1480 indicate a decent demand for short-term rentals in the area.
Amarillo, TX is a city located in the Texas Panhandle known for its vibrant economy, diverse population, and strong job market. The city offers a mix of urban amenities and outdoor recreational opportunities, making it an attractive destination for both residents and visitors.
Based on the metrics provided, Amarillo, TX appears to be a promising market for both long-term and short-term rental investments. With relatively high LTR and STR Net ROI, investors have the potential to earn a solid return on their investment in either rental strategy. However, the slightly higher LTR Genie Score suggests that long-term rental properties may offer slightly better rentability in this market. Overall, Amarillo, TX presents a favorable opportunity for real estate investors looking to capitalize on the city's growing economy and demand for rental properties.
LTR Genie Score 93
$177,500
🛏 3 Beds🛁 2.0000 Baths🏙 1,734 sqft.🏠 SINGLE FAMILY
