LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,028
Monthly Cash Flow
-$1,812
Principal + Equity
$3,581
Annual Total Gain
$21,232
Cash on Cash
-15.04%
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 Places to Buy a House in Texas
#80out of 1050 markets
Best Places to Raise a Family in Texas
#102out of 1052 markets
Places with the Best Public Schools in Texas
#88out of 707 markets
A-
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Celina, TX.
As of September 2021, Celina, TX does not have specific regulations in place for short term rentals. However, it is important for investors to be aware that regulations can change quickly and it is advisable to stay informed about any updates or changes to local ordinances.
Investors should also consider the potential impact of short term rentals on the community and surrounding properties. Some factors to consider include noise levels, parking availability, and the overall impact on the neighborhood.
Additionally, investors should be aware of any homeowners association (HOA) rules or restrictions that may prohibit or limit short term rentals in certain areas or developments.
Before investing in a property for short term rental in Celina, TX, it is recommended to consult with a local real estate agent or attorney who is familiar with the area's regulations and can provide guidance on the best course of action.
Market Trends Over Time
Explore 25 years of market data for Celina, 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 Celina, TX.
The LTR Genie Score of Celina, TX is 54 and STR Genie Score is 32, indicating a moderate and low rating respectively. The LTR Rentability is very high, which suggests that the market is more favorable for long-term rental investments compared to short-term rentals. The LTR Net ROI is higher than the STR Net ROI, indicating that long-term rentals may yield better returns in this market. The 1-Year Price Appreciation Forecast is slightly negative, which may be a concern for investors looking for quick appreciation in property value.
Celina, TX is a rapidly growing city located in Collin and Denton counties, known for its small-town charm and proximity to major cities like Dallas and Fort Worth. The area is experiencing significant population growth, which could lead to increased demand for rental properties.
Based on the metrics provided, Celina, TX appears to be more attractive for long-term rental investment rather than short-term rentals. The high LTR Rentability and Net ROI, coupled with the moderate LTR Genie Score, suggest that investors may find more stability and profitability in long-term rental properties in this market. However, investors should consider the slightly negative price appreciation forecast and conduct further research before making a final decision.
LTR Genie Score 80
$990,000
🛏 5 Beds🛁 5.0000 Baths🏙 4,905 sqft.🏠 SINGLE FAMILY
