LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,864
Monthly Cash Flow
-$2,193
Principal + Equity
$3,713
Annual Total Gain
$18,240
Cash on Cash
-16.08%
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 Raise a Family in Texas
#9out of 1052 markets
Places with the Best Public Schools in Texas
#8out of 707 markets
Suburbs with the Best Public Schools in Texas
#8out of 417 markets
A
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Frisco, TX.
In Frisco, TX, Short Term Rental (STR) regulations are governed by the city's Code of Ordinances. Investors should be aware of the following regulations before purchasing a property for STR purposes in Frisco:
1. Registration and Permitting: All STR properties in Frisco must be registered with the city and obtain a permit before operating. The permit must be renewed annually.
2. Occupancy Limits: The maximum occupancy for an STR property in Frisco is limited to two adults per bedroom plus two additional guests. This means that a property with three bedrooms can accommodate a maximum of eight guests.
3. Noise and Nuisance Regulations: STR properties in Frisco must comply with noise ordinances and other nuisance regulations. Excessive noise or disturbances can result in fines or the revocation of the permit.
4. Parking Regulations: STR properties must provide adequate parking for guests, and parking on the street may be restricted. Investors should ensure that their property has enough parking spaces to accommodate guests.
5. Inspections and Safety Requirements: The city may conduct inspections of STR properties to ensure compliance with safety regulations. Investors should be prepared to meet all safety requirements, such as having working smoke detectors and fire extinguishers.
6. Taxes and Fees: Investors should be aware of any applicable taxes and fees related to operating an STR property in Frisco. This may include occupancy taxes, sales taxes, and permit fees.
7. HOA Restrictions: If the property is located within a homeowners association (HOA), investors should also be aware of any additional restrictions or regulations imposed by the HOA regarding STRs.
It is important for investors to thoroughly research and understand the STR regulations in Frisco before purchasing a property for this purpose. Failure to comply with these regulations can result in fines, penalties, or the inability to operate the property as a short term rental.
Market Trends Over Time
Explore 25 years of market data for Frisco, 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 Frisco, TX.
The LTR Genie Score of Frisco, TX is 57 and STR Genie Score is 48, indicating a moderate to high potential for long-term rental investment and moderate potential for short-term rental investment. The LTR Rentability is high, with a Rent Growth Rate of 0.0368% and Net ROI of 11.14%, while the STR Net ROI is slightly higher at 14.54%. The 1-Year Price Appreciation Forecast is 0.15%, suggesting stable growth in property values. The STR Occupancy rate is 58.06% with a revenue of $2737.
Frisco, TX is a rapidly growing city in the Dallas-Fort Worth metroplex, known for its strong economy, excellent schools, and family-friendly environment. The city has seen significant population growth in recent years, making it a desirable location for real estate investment.
Based on the metrics provided, Frisco, TX appears to be a promising market for both long-term and short-term rental investments. The LTR Genie Score indicates a favorable environment for long-term rental properties, while the STR Net ROI suggests potential for short-term rentals as well. Investors may consider diversifying their portfolio by exploring opportunities in both rental strategies in Frisco, TX.
LTR Genie Score 80
$342,000
🛏 2 Beds🛁 2.0000 Baths🏙 1,537 sqft.🏠 SINGLE FAMILY