LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,400
Monthly Cash Flow
$38
Principal + Equity
$1,056
Annual Total Gain
$13,126
Cash on Cash
0.87%
Net ROI %
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 Live in Texas
#601out of 1052 markets
Best Places to Buy a House in Texas
#235out of 1050 markets
Places with the Lowest Cost of Living in Texas
#174out of 1050 markets
C
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Del Rio, TX.
In Del Rio, TX, Short Term Rental (STR) regulations are governed by the city's Code of Ordinances. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Registration: All STR properties in Del Rio must be registered with the city. This includes providing contact information for the property owner or manager, as well as information about the property itself.
2. Occupancy limits: There are occupancy limits for STR properties in Del Rio, which vary depending on the size of the property. It is important for investors to ensure that they are in compliance with these limits.
3. Noise restrictions: Del Rio has noise restrictions in place to ensure that STR properties do not disturb neighbors. Investors should be aware of these restrictions and take steps to ensure that their guests are aware of them as well.
4. Parking regulations: Del Rio has regulations in place regarding parking for STR properties. Investors should ensure that there is adequate parking available for guests and that they are in compliance with these regulations.
5. Taxes: Investors should be aware of any taxes that may apply to STR properties in Del Rio, such as occupancy taxes or sales taxes. It is important to factor these costs into the financial planning for the property.
6. Zoning regulations: Del Rio has specific zoning regulations that may impact the ability to operate a STR property in certain areas. Investors should research the zoning regulations in the area where they are considering purchasing a property.
By being aware of and complying with these regulations, investors can ensure that their investment in a STR property in Del Rio, TX is successful and in compliance with local laws.
Market Trends Over Time
Explore 25 years of market data for Del Rio, 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 Del Rio, TX.
The LTR Genie Score of Del Rio, TX is 56 and STR Genie Score is 30, indicating a moderate rating for long-term rental and a low rating for short-term rental. The LTR Rentability is moderate, with a LTR Net ROI of 25.05%, while the STR Net ROI is 14.5%. The 1-Year Price Appreciation Forecast is -0.7%, suggesting a slight decline in property values. The STR Occupancy rate is 33.33% with a revenue of $1105.
Del Rio, TX is a city located in Val Verde County, known for its proximity to the Mexican border and the Amistad National Recreation Area. The real estate market in Del Rio offers opportunities for both long-term and short-term rental investments.
Based on the metrics provided, Del Rio, TX may be more attractive for long-term rental investment due to the higher LTR Genie Score and Net ROI compared to short-term rental. However, investors should consider the slight decline in price appreciation forecast and the lower STR Genie Score when making their decision. It may be beneficial to diversify investment strategies by considering both long-term and short-term rental options in this market.
LTR Genie Score 74
$158,500
🛏 3 Beds🛁 2.0000 Baths🏙 1,408 sqft.🏠 SINGLE FAMILY
