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Harlingen, 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
$1,249
Monthly Cash Flow
-$313
Principal + Equity
$870
Annual Total Gain
$6,683
Cash on Cash
-7.76%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$118
Occupancy Rate
51.61%
Monthly Revenue
$1,245
Monthly Cash Flow
-$504
Principal + Equity
$870
Annual Total Gain
$4,390
Cash on Cash %
-12.5%
Net ROI %
Market Health & Growth
Median Income
$55,891
Population
71,669
LTR Renter %
42.58%
Forecast (1 yr)
1.25%
Appreciation (1 yr)
-0.94%
Appreciation (5 yr)
37.89%
Appreciation (10 yr)
54.88%
Job Growth
0.9%
LTR Rentability
Moderate
STR Demand
48
STR Rentals
151
Top Public Schools
ASouth Texas ISD Rising Scholars Academy
A-Harlingen School of Health Professions
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 Suburbs to Buy a House in Texas
#115out of 417 markets
Places with the Lowest Cost of Living in Texas
#162out of 1050 markets
Suburbs with the Lowest Cost of Living in Texas
#76out of 417 markets
B-
Public School
C
Crime And Safety
B
Housing
C
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 Harlingen, TX.
As of September 2021, Harlingen, 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 always a good idea to check with the local government or zoning department for any updates or changes to regulations.
Investors should also be aware of any homeowner association rules or restrictions that may prohibit short term rentals in certain neighborhoods or developments. It is important to thoroughly research the area and property before investing in a short term rental in Harlingen, TX.
Additionally, investors should consider the potential impact of short term rentals on the local community and housing market. Some cities have implemented regulations to address concerns about noise, parking, and the impact of short term rentals on affordable housing availability.
Overall, investors should carefully consider all potential risks and regulations before investing in a short term rental property in Harlingen, TX.
Market Trends Over Time
Explore 25 years of market data for Harlingen, 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 Harlingen, TX.
The LTR Genie Score of Harlingen, TX is 56 and STR Genie Score is 44, indicating a moderate level of attractiveness for long-term rental investment and a lower level for short-term rental investment. The LTR Rentability is moderate, with a LTR Net ROI of 13.81%, while the STR Net ROI is lower at 9.07%. The LTR Rent Growth Rate is stagnant at 0.0%, suggesting potential for stable long-term rental income. The 1-Year Price Appreciation Forecast is modest at 1.25%, indicating steady growth in property values. The STR Occupancy rate is 51.61%, with a revenue of $1245.
Harlingen, TX is a growing city located in the Rio Grande Valley, known for its affordable cost of living and proximity to the border. The real estate market in Harlingen offers opportunities for investors looking for stable long-term rental income with potential for property value appreciation.
Based on the metrics provided, Harlingen, TX appears to be more attractive for long-term rental investment due to its higher LTR Genie Score and Net ROI compared to short-term rental investment. Investors may find success in acquiring rental properties in Harlingen for consistent rental income and potential property value appreciation. However, it is important to conduct further market research and analysis to make an informed decision on investment strategies in this market.
LTR Genie Score 93
$129,900
🛏 4 Beds🛁 4.0000 Baths🏙 1,739 sqft.🏠 SINGLE FAMILY
