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Copperas Cove, 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
$1,274
Monthly Cash Flow
-$307
Principal + Equity
$1,399
Annual Total Gain
$13,111
Cash on Cash
-6.64%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$116
Occupancy Rate
51.67%
Monthly Revenue
$1,222
Monthly Cash Flow
-$542
Principal + Equity
$1,399
Annual Total Gain
$10,289
Cash on Cash %
-11.74%
Net ROI %
Market Health & Growth
Median Income
$68,900
Population
37,149
LTR Renter %
41.17%
Forecast (1 yr)
1%
Appreciation (1 yr)
-1.45%
Appreciation (5 yr)
45.19%
Appreciation (10 yr)
90.56%
Job Growth
3.12%
LTR Rentability
Very High
STR Demand
44
STR Rentals
71
Top Public Schools
BTaylor Creek Elementary School
BLampasas Middle School
B
B
B-
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 Places to Buy a House in Texas
#181out of 1050 markets
Most Diverse Places to Live in Texas
#107out of 1052 markets
Places with the Lowest Cost of Living in Texas
#256out of 1050 markets
B-
Public School
C-
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 Copperas Cove, TX.
As of September 2021, Copperas Cove, 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 implement regulations in the future, so it is important to stay informed about any changes to local ordinances.
In the absence of specific regulations, investors should still consider factors such as zoning laws, homeowner association rules, and potential backlash from neighbors when operating a short term rental property in Copperas Cove. It is also important to consider the potential impact on property values and rental rates in the area.
Additionally, investors should be aware of any state or federal regulations that may apply to short term rentals, such as occupancy taxes or licensing requirements. It is important to consult with a real estate attorney or local government officials to ensure compliance with all relevant laws and regulations.
Overall, while Copperas Cove may currently have limited regulations for short term rentals, investors should proceed with caution and conduct thorough research before investing in a property for this purpose.
Market Trends Over Time
Explore 25 years of market data for Copperas Cove, 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 Copperas Cove, TX.
The LTR Genie Score of Copperas Cove, TX is 74, indicating a high level of attractiveness for long-term rental investments. This is supported by the very high LTR Rentability and LTR Net ROI of 23.68%. The LTR Rent Growth Rate of 0.0527% suggests a stable and potentially growing rental market in the area.
On the other hand, the STR Genie Score of 46 is moderate, indicating that short-term rental investments may not be as lucrative in Copperas Cove compared to long-term rentals. The STR Net ROI of 18.58% and STR Occupancy rate of 51.67% are decent but not as strong as the metrics for long-term rentals.
Copperas Cove, TX has a 1-Year Price Appreciation Forecast of 1.0%, suggesting a stable real estate market with potential for modest growth. With a STR Revenue of 1222, there is some opportunity for short-term rental income in the area.
Overall, based on the metrics provided, Copperas Cove, TX appears to be more attractive for long-term rental investments. The market shows strong rentability, ROI, and growth potential for long-term rentals, making it a favorable option for real estate investors looking for stable and consistent returns. Short-term rental investments may still be viable, but the focus should be on long-term rentals for optimal results in this market.
LTR Genie Score 93
$119,900
🛏 4 Beds🛁 3.0000 Baths🏙 1,620 sqft.🏠 SINGLE FAMILY
