LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,315
Monthly Cash Flow
-$17
Principal + Equity
$466
Annual Total Gain
$5,380
Cash on Cash
-0.56%
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 Suburbs in Texas
#207out of 417 markets
Best Suburbs for Young Professionals in Texas
#237out of 417 markets
Suburbs with the Lowest Cost of Living in Texas
#119out of 417 markets
D
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Kingsville, TX.
In Kingsville, 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 and Permitting: Property owners must register their STR property with the city and obtain a permit before operating as a short-term rental. The permit must be renewed annually.
2. Occupancy Limits: There are occupancy limits for STR properties in Kingsville, which are based on the size of the property and the number of bedrooms. It is important for investors to ensure that their property complies with these limits.
3. Noise and Nuisance Regulations: STR properties must comply with noise and nuisance regulations to ensure that they do not disrupt the peace and quiet of the neighborhood. Violations can result in fines or permit revocation.
4. Parking Regulations: There are specific parking regulations for STR properties in Kingsville, including requirements for off-street parking. Investors should ensure that their property meets these requirements to avoid any issues.
5. Inspection and Safety Requirements: STR properties may be subject to inspection to ensure compliance with safety regulations, such as fire safety and building codes. Investors should be prepared to make any necessary upgrades or repairs to meet these requirements.
6. Taxes and Fees: Property owners are responsible for collecting and remitting occupancy taxes on STR rentals in Kingsville. Investors should be aware of these tax obligations and factor them into their financial planning.
Overall, investors looking to purchase a property for Short Term Rental in Kingsville, TX should thoroughly research and understand the local regulations and requirements to ensure compliance and avoid any potential issues or penalties. Consulting with a real estate attorney or local property management company can also provide valuable guidance in navigating the STR market in Kingsville.
Market Trends Over Time
Explore 25 years of market data for Kingsville, 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 Kingsville, TX.
The LTR Genie Score of Kingsville, TX is 47 and STR Genie Score is 39, indicating a moderate level of rentability for both long-term and short-term rental investments. The LTR Rent Growth Rate of 0.0% suggests stable rental prices in the market, while the 1-Year Price Appreciation Forecast of -0.55% may deter potential investors looking for appreciation in property value. The LTR Net ROI of 14.57% and STR Net ROI of 12.04% show decent returns on investment for both rental strategies.
The STR Genie Score is slightly lower than the LTR Genie Score, indicating that long-term rentals may be slightly more favorable in Kingsville, TX. However, with a STR Occupancy rate of 48.28% and STR Revenue of 1455, short-term rentals can still be a viable option for investors looking to capitalize on tourism or temporary housing demand in the area.
Kingsville, TX is a small city located in South Texas known for its historical charm and proximity to the Gulf Coast. With a mix of local attractions, including the King Ranch and Texas A&M University-Kingsville, the city offers a diverse rental market for investors to explore.
Overall, Kingsville, TX presents opportunities for both long-term and short-term rental investments, with stable rental prices and decent ROI. Investors should consider their investment goals and risk tolerance when deciding between the two strategies in this market.
LTR Genie Score 93
$95,000
🛏 4 Beds🛁 3.0000 Baths🏙 5,400 sqft.🏠 SINGLE FAMILY