Explore available listings and evaluate market performance.
Fort Worth, 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
$1,661
Monthly Cash Flow
-$448
Principal + Equity
$2,034
Annual Total Gain
$19,033
Cash on Cash
-7.25%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$176
Occupancy Rate
57.14%
Monthly Revenue
$2,429
Monthly Cash Flow
-$44
Principal + Equity
$2,034
Annual Total Gain
$23,877
Cash on Cash %
-0.71%
Net ROI %
Market Health & Growth
Median Income
$76,602
Population
941,311
LTR Renter %
43.25%
Forecast (1 yr)
0.02%
Appreciation (1 yr)
-3.68%
Appreciation (5 yr)
34.47%
Appreciation (10 yr)
102.58%
Job Growth
2.57%
LTR Rentability
Very High
STR Demand
55
STR Rentals
2,141
Top Public Schools
AWestlake Academy
AUplift North Hills Preparatory - High School
A
A
A
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
Most Diverse Cities in America
#26out of 229 markets
Best Cities for Young Professionals in America
#118out of 229 markets
Cities with the Lowest Cost of Living in America
#78out of 229 markets
C
Public School
C-
Crime And Safety
C
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 Fort Worth, TX.
In Fort Worth, TX, Short Term Rental (STR) regulations are primarily governed by the city's zoning ordinances and the Texas Property Code. Here are some key regulations that an investor should be aware of before investing in purchasing a property for Short Term Rental in Fort Worth:
1. Zoning Restrictions: Fort Worth has specific zoning regulations that dictate where Short Term Rentals are allowed to operate. Investors should check the city's zoning map to ensure that the property they are considering is located in a zone that permits Short Term Rentals.
2. Permitting and Licensing: In Fort Worth, Short Term Rental operators are required to obtain a Short Term Rental permit from the city. The permit application process typically involves submitting an application, paying a fee, and meeting certain requirements such as providing proof of insurance and complying with safety regulations.
3. Occupancy Limits: Fort Worth has occupancy limits for Short Term Rentals, which dictate the maximum number of guests that can stay in a property at any given time. Investors should be aware of these limits and ensure that their property complies with them.
4. Taxation: Short Term Rental operators in Fort Worth are required to collect and remit occupancy taxes to the city. Investors should familiarize themselves with the city's tax regulations and ensure that they are in compliance with them.
5. Noise and Nuisance Regulations: Fort Worth has noise and nuisance regulations that apply to Short Term Rentals. Investors should be aware of these regulations and take steps to ensure that their guests comply with them to avoid potential fines or penalties.
6. Homeowner's Association (HOA) Restrictions: If the property is located in a neighborhood with a homeowner's association, investors should check the HOA's rules and regulations regarding Short Term Rentals. Some HOAs may have restrictions or prohibitions on Short Term Rentals, which could impact the investor's ability to operate the property as a Short Term Rental.
Overall, investors considering purchasing a property for Short Term Rental in Fort Worth should thoroughly research and understand the city's regulations and requirements to ensure compliance and avoid any potential legal issues. Consulting with a real estate attorney or property management company experienced in Short Term Rentals in Fort Worth may also be beneficial in navigating the regulatory landscape.
Market Trends Over Time
Explore 25 years of market data for Fort Worth, 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 Fort Worth, TX.
The LTR Genie Score of Fort Worth, TX is 74 and STR Genie Score is 63, indicating a high and moderate rating respectively. The high LTR Genie Score can be attributed to the very high LTR Rentability and the solid LTR Net ROI of 25.69%. On the other hand, the moderate STR Genie Score is influenced by the decent STR Net ROI of 32.23% and the average STR Occupancy rate of 57.14%. The 1-Year Price Appreciation Forecast of 0.02% suggests stable growth in property values.
Fort Worth, TX is a growing city with a strong economy and a diverse job market, making it an attractive location for real estate investment. The city offers a mix of urban amenities and suburban charm, appealing to a wide range of renters.
Considering the metrics provided, Fort Worth, TX seems to be a promising market for both long-term rental and short-term rental investments. The high LTR Rentability and Net ROI make it favorable for long-term rental investments, while the decent STR Net ROI and occupancy rate suggest potential for short-term rental success. Investors may consider diversifying their portfolio by exploring opportunities in both rental strategies in Fort Worth, TX.
LTR Genie Score 93
$140,000
🛏 5 Beds🛁 5.0000 Baths🏙 3,316 sqft.🏠 SINGLE FAMILY