LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,275
Monthly Cash Flow
-$171
Principal + Equity
$1,313
Annual Total Gain
$13,704
Cash on Cash
-3.76%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Most Diverse Cities in America
#16out of 229 markets
Most Diverse Places to Live in America
#164out of 18101 markets
Cities with the Lowest Cost of Living in America
#45out of 229 markets
C
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Killeen, TX.
As of September 2021, Killeen, TX does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any developments in this area.
Investors should also consider the potential impact of STRs on the local community, including concerns about noise, parking, and property maintenance. It is important to be a responsible host and to consider the impact of your rental property on the neighborhood.
Additionally, investors should be aware of any homeowners association (HOA) rules or restrictions that may apply to STRs in their specific neighborhood. Some HOAs may have specific regulations in place regarding short term rentals, so it is important to review these rules before purchasing a property.
Overall, investors should conduct thorough research and due diligence before investing in a property for short term rental in Killeen, TX to ensure compliance with any existing regulations and to minimize potential risks.
Market Trends Over Time
Explore 25 years of market data for Killeen, 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 Killeen, TX.
The LTR Genie Score of Killeen, TX is 65 and STR Genie Score is 43, indicating a moderate rating for long-term rental and a low rating for short-term rental. The LTR Rentability is moderate, with a Rent Growth Rate of 0.0498% and a Net ROI of 25.09%. On the other hand, the STR Net ROI is slightly lower at 21.73%, with an Occupancy rate of 51.72% and Revenue of 1320. The 1-Year Price Appreciation Forecast is 0.85%.
Killeen, TX is a city located in central Texas known for its proximity to Fort Hood, one of the largest military installations in the United States. This can be a significant factor for real estate investors to consider, as military personnel often seek housing in the area.
Based on the metrics provided, Killeen, TX seems to be more attractive for long-term rental investment rather than short-term rental. The LTR Genie Score is higher than the STR Genie Score, indicating better potential for long-term rental properties. With a moderate LTR Rentability and a positive Net ROI, investors may find more stability and consistent returns with long-term rentals in this market. However, it is always recommended to conduct further research and due diligence before making any investment decisions.
LTR Genie Score 93
$78,000
🛏 3 Beds🛁 1.0000 Baths🏙 1,270 sqft.🏠 SINGLE FAMILY
