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San Angelo, 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
$1,395
Monthly Cash Flow
-$151
Principal + Equity
$1,219
Annual Total Gain
$12,813
Cash on Cash
-3.18%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$186
Occupancy Rate
50%
Monthly Revenue
$2,340
Monthly Cash Flow
$443
Principal + Equity
$1,219
Annual Total Gain
$19,945
Cash on Cash %
9.32%
Net ROI %
Market Health & Growth
Median Income
$64,146
Population
99,507
LTR Renter %
36.65%
Forecast (1 yr)
1%
Appreciation (1 yr)
1.35%
Appreciation (5 yr)
28.61%
Appreciation (10 yr)
70.57%
Job Growth
-0.49%
LTR Rentability
Low
STR Demand
81
STR Rentals
218
Top Public Schools
A-Wall Middle School
A-Wall Elementary School
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 Places to Retire in Texas
#312out of 706 markets
Most Diverse Places to Live in Texas
#227out of 1052 markets
Places with the Lowest Cost of Living in Texas
#337out of 1050 markets
B-
Public School
C-
Crime And Safety
B-
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 San Angelo, TX.
In San Angelo, TX, Short Term Rentals (STRs) are regulated by the city's Code Compliance Department. Here are some key regulations that an investor should be aware of before purchasing a property for STR purposes:
1. Registration and Permitting: All STRs in San Angelo are required to be registered with the city and obtain a permit. The permit must be renewed annually and there are specific requirements that must be met in order to obtain a permit, such as having a designated local contact person for the property.
2. Occupancy Limits: There are occupancy limits for STRs in San Angelo, with a maximum of 10 guests allowed per property. This is to ensure the safety and well-being of guests and to prevent overcrowding in residential neighborhoods.
3. Noise and Nuisance Regulations: STRs must comply with noise regulations and are prohibited from causing disturbances to neighbors. Excessive noise, parties, and other nuisances are not allowed and can result in fines or permit revocation.
4. Parking Regulations: There are specific parking regulations for STRs in San Angelo, including requirements for off-street parking and restrictions on parking in certain areas. Investors should ensure that their property meets these requirements to avoid any issues with the city.
5. Taxes and Fees: STRs in San Angelo are subject to hotel occupancy taxes and other fees, which must be collected and remitted to the city. Investors should be aware of these financial obligations and ensure compliance with tax laws.
6. Zoning and Land Use Regulations: Investors should also be aware of the zoning and land use regulations in San Angelo, which may restrict or prohibit STRs in certain areas. It is important to check with the city's Planning Department to ensure that the property is zoned for short term rental purposes.
Overall, investors should thoroughly research and understand the regulations and requirements for STRs in San Angelo before purchasing a property for this purpose. Compliance with these regulations is essential to avoid fines, penalties, and potential legal issues.
Market Trends Over Time
Explore 25 years of market data for San Angelo, 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 San Angelo, TX.
The LTR Genie Score of San Angelo, TX is 60 and STR Genie Score is 66, indicating a moderate to high level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is low, which may be due to the stagnant LTR Rent Growth Rate of 0.0%. However, the LTR Net ROI of 22.45% and STR Net ROI of 34.94% suggest that investors can still achieve favorable returns in both rental markets. The 1-Year Price Appreciation Forecast of 1.0% indicates potential for property value growth. The STR Occupancy rate of 50.0% and STR Revenue of 2340 show a decent demand for short-term rentals in the area.
San Angelo, TX is a city located in West Texas known for its strong economy driven by industries such as healthcare, education, and agriculture. The city offers a diverse range of housing options, making it attractive for both long-term and short-term rental investments.
Overall, San Angelo, TX appears to be a promising market for real estate investors looking to diversify their portfolio with both long-term and short-term rental properties. With favorable ROI metrics and a steady demand for rental properties, investors may find success in this market. It is recommended to conduct further research and due diligence to determine the best investment strategy based on individual goals and preferences.
LTR Genie Score 93
$275,000
🛏 3 Beds🛁 2.0000 Baths🏙 2,077 sqft.🏠 SINGLE FAMILY