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Mesquite, 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
$1,487
Monthly Cash Flow
-$172
Principal + Equity
$1,894
Annual Total Gain
$20,660
Cash on Cash
-3.19%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$223
Occupancy Rate
55.28%
Monthly Revenue
$2,581
Monthly Cash Flow
$535
Principal + Equity
$1,894
Annual Total Gain
$29,141
Cash on Cash %
9.94%
Net ROI %
Market Health & Growth
Median Income
$71,843
Population
148,848
LTR Renter %
36.75%
Forecast (1 yr)
-0.2%
Appreciation (1 yr)
-6.68%
Appreciation (5 yr)
32.96%
Appreciation (10 yr)
113.35%
Job Growth
0.17%
LTR Rentability
Low
STR Demand
60
STR Rentals
141
Top Public Schools
ASchool for the Talented & Gifted
ASchool of Science & Engineering
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 Suburbs in Texas
#16out of 417 markets
Most Diverse Places to Live in Texas
#48out of 1052 markets
Best Suburbs for Young Professionals in Texas
#194out of 417 markets
B-
Public School
D
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 Mesquite, TX.
In Mesquite, TX, Short Term Rental (STR) regulations are governed by the city's Code of Ordinances. Here are some key regulations that an investor should be aware of before purchasing a property for STR in Mesquite:
1. Registration and Licensing: All STR properties in Mesquite must be registered with the city and obtain a Short Term Rental License. This license must be renewed annually.
2. Occupancy Limits: The city of Mesquite has occupancy limits for STR properties, which vary depending on the size of the property. It is important for investors to be aware of these limits and ensure that they are adhered to.
3. Noise and Nuisance Regulations: STR properties in Mesquite must comply with noise and nuisance regulations to ensure that they do not disrupt the peace and quiet of the neighborhood. Investors should be aware of these regulations and take steps to mitigate any potential issues.
4. Parking Regulations: Mesquite has specific parking regulations for STR properties, including requirements for off-street parking. Investors should ensure that their property complies with these regulations to avoid any penalties.
5. Safety and Building Code Compliance: STR properties in Mesquite must comply with all safety and building codes to ensure the well-being of guests. Investors should conduct a thorough inspection of the property to ensure that it meets these requirements.
6. Taxation: Investors should be aware of any local taxes that may apply to STR properties in Mesquite, such as occupancy taxes or sales taxes. It is important to factor these costs into the financial analysis of the investment.
Overall, investors considering purchasing a property for Short Term Rental in Mesquite, TX should familiarize themselves with the city's regulations and ensure that their property complies with all requirements to avoid any potential legal issues or penalties.
Market Trends Over Time
Explore 25 years of market data for Mesquite, 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 Mesquite, TX.
The LTR Genie Score of Mesquite, TX is 55, indicating a moderate rating, while the STR Genie Score is 63, suggesting a high rating. The low LTR Rentability and 1-Year Price Appreciation Forecast contribute to the lower LTR Genie Score, while the higher STR Net ROI and STR Occupancy boost the STR Genie Score. The LTR Net ROI is also relatively high, indicating potential long-term rental profitability.
Mesquite, TX is a suburb of Dallas known for its affordable housing options and proximity to major highways, making it a convenient location for commuters. The market may be more attractive for short-term rental investors due to the higher STR Genie Score and STR Net ROI. However, long-term rental investors may still find opportunities for profitability with the relatively high LTR Net ROI.
In conclusion, Mesquite, TX presents opportunities for both long-term and short-term rental investments. Real estate investors should carefully consider their investment goals and strategies before entering this market.
LTR Genie Score 93
$220,000
🛏 4 Beds🛁 3.0000 Baths🏙 1,924 sqft.🏠 SINGLE FAMILY