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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,426
$2,018
Appreciation
Data-driven answers to common investor questions about this market.
4.7%
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Job Growth
0.04%
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Population
68,920
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The LTR Genie Score of San Marcos, TX is 60 and the STR Genie Score is 41, indicating a moderate and low rating respectively. The high LTR Rentability suggests that long-term rental properties in San Marcos are in demand and have a good potential for steady income. However, the low STR Genie Score could be due to the relatively low STR Occupancy rate of 45.16% and lower revenue compared to long-term rentals.
San Marcos, TX is a growing city located between Austin and San Antonio, known for its vibrant arts scene, outdoor recreational activities, and a strong local economy driven by Texas State University. The 1-Year Price Appreciation Forecast of -1.2% may be a concern for short-term investors looking for quick returns, but the positive LTR Net ROI of 12.76% and STR Net ROI of 17.18% indicate that both long-term and short-term rental investments can be profitable in this market.
Overall, San Marcos, TX seems to be a more attractive market for long-term rental investment due to the high LTR Rentability and positive ROI. However, investors should also consider diversifying their portfolio with some short-term rental properties to capitalize on the tourism and student population in the area. It is recommended for real estate investors to conduct further research and due diligence before making any investment decisions in San Marcos, TX.