LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,555
Monthly Cash Flow
-$1,832
Principal + Equity
$2,705
Annual Total Gain
$10,475
Cash on Cash
-15.85%
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 Raise a Family in Texas
#91out of 417 markets
Places with the Best Public Schools in Texas
#55out of 707 markets
Suburbs with the Best Public Schools in Texas
#53out of 417 markets
A
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Boerne, TX.
As of September 2021, Boerne, 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 developments in this area.
It is advisable for investors to research the local zoning laws and regulations in Boerne to ensure that short term rentals are allowed in the area where they are considering purchasing a property. Additionally, investors should be aware of any homeowner association (HOA) rules or restrictions that may prohibit or limit short term rentals.
Investors should also consider the potential impact of taxes on short term rental income in Boerne. It is important to understand the local tax laws and requirements for short term rentals, including occupancy taxes and sales taxes.
Overall, investors should conduct thorough research and due diligence before investing in a property for short term rental in Boerne, TX to ensure compliance with any existing regulations and to mitigate any potential risks.
Market Trends Over Time
Explore 25 years of market data for Boerne, 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 Boerne, TX.
The LTR Genie Score of Boerne, TX is 58 and STR Genie Score is 26, indicating a moderate score for long-term rental and a low score for short-term rental. The high LTR Rentability suggests that long-term rental properties in Boerne are in demand and have a good potential for steady rental income. However, the low STR Genie Score may indicate lower demand or competition in the short-term rental market.
Boerne, TX is a charming town located in the Texas Hill Country known for its historic downtown area, outdoor recreational opportunities, and strong sense of community. The real estate market in Boerne has shown stable growth with a 1-year price appreciation forecast of -0.3%, indicating a relatively steady market.
Based on the metrics provided, Boerne, TX seems to be more attractive for long-term rental investment due to the high LTR Rentability and positive LTR Net ROI of 7.55%. While the short-term rental market may not be as strong based on the lower STR Genie Score, investors could still consider diversifying their portfolio with some short-term rental properties to capitalize on the higher STR Net ROI of 9.01%. Overall, Boerne, TX presents a promising opportunity for real estate investors looking for a mix of long-term and potentially short-term rental properties.
