LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,471
Monthly Cash Flow
-$4,502
Principal + Equity
$3,074
Annual Total Gain
-$17,130
Cash on Cash
-19.16%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Best Suburbs to Live in Texas
#14out of 417 markets
Best Places to Retire in Texas
#20out of 706 markets
Best Suburbs for Young Professionals in Texas
#24out of 417 markets
B
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Bellaire, TX.
As of September 2021, Bellaire, TX does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any new ordinances that may be implemented in the future.
Investors should also consider the potential impact of STRs on the community and neighborhood where the property is located. Some residents may have concerns about noise, parking, and the transient nature of STR guests. It is important to be a responsible host and to communicate with neighbors to address any concerns they may have.
Additionally, investors should be aware of any homeowners association (HOA) rules or restrictions that may prohibit or limit short term rentals in the neighborhood. It is important to review the HOA bylaws and covenants before purchasing a property for STR use.
Overall, investors should conduct thorough research and due diligence before investing in a property for short term rental in Bellaire, TX to ensure compliance with any existing regulations and to minimize potential risks and conflicts with neighbors and the community.
Market Trends Over Time
Explore 25 years of market data for Bellaire, 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 Bellaire, TX.
The LTR Genie Score of Bellaire, TX is 44 and STR Genie Score is 32, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, suggesting that there may be potential for steady rental income in the long term. However, the LTR Net ROI and STR Net ROI are negative, indicating that the return on investment may not be favorable in the current market conditions. The 1-Year Price Appreciation Forecast is relatively low at 0.7%, which may not be ideal for investors looking for capital appreciation.
In comparison, the LTR Genie Score is higher than the STR Genie Score, suggesting that long-term rental investment may be more favorable in Bellaire, TX. The STR Occupancy rate of 50% and STR Revenue of 2304 indicate that the short-term rental market may not be as strong as the long-term rental market in this area.
Bellaire, TX is a suburban city located within the Houston metropolitan area known for its high-quality schools and proximity to major employment centers. Real estate investors should consider the stable rental demand from families attracted to the area for its schools and amenities.
In conclusion, while Bellaire, TX may offer potential for long-term rental investment due to its moderate LTR Genie Score and stable rental demand, the negative ROI metrics and low price appreciation forecast may make it less attractive for short-term rental investment. Investors should carefully evaluate their investment goals and risk tolerance before entering this market.
