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Temple, 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
$1,489
Monthly Cash Flow
-$228
Principal + Equity
$1,500
Annual Total Gain
$15,257
Cash on Cash
-4.38%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$156
Occupancy Rate
58.33%
Monthly Revenue
$1,655
Monthly Cash Flow
-$310
Principal + Equity
$1,500
Annual Total Gain
$14,270
Cash on Cash %
-5.96%
Net ROI %
Market Health & Growth
Median Income
$64,945
Population
86,358
LTR Renter %
47.06%
Forecast (1 yr)
0.65%
Appreciation (1 yr)
-3.16%
Appreciation (5 yr)
37.73%
Appreciation (10 yr)
83.79%
Job Growth
4.61%
LTR Rentability
Very High
STR Demand
73
STR Rentals
331
Top Public Schools
BLakewood Elementary School
BLake Belton Middle 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
#284out of 706 markets
Most Diverse Places to Live in Texas
#83out of 1052 markets
Places with the Best Public Schools in Texas
#386out of 707 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 Temple, TX.
In Temple, 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 Licensing: All STR properties in Temple 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 Temple has occupancy limits for STR properties based on the number of bedrooms in the property. It is important for investors to ensure that their property complies with these occupancy limits.
3. Noise and Nuisance Regulations: STR properties in Temple must comply with noise ordinances and other nuisance regulations. Investors should be aware of these regulations and ensure that their guests are aware of them as well.
4. Parking Regulations: STR properties in Temple must provide adequate parking for guests. Investors should ensure that their property meets the city's parking regulations to avoid any fines or penalties.
5. Inspection and Safety Requirements: STR properties in Temple may be subject to inspection by the city to ensure compliance with safety regulations. Investors should ensure that their property meets all safety requirements to avoid any issues with the city.
6. Taxes and Fees: Investors should be aware of any taxes or fees associated with operating an STR property in Temple. This may include occupancy taxes, sales taxes, and licensing fees.
Overall, investors looking to purchase a property for Short Term Rental purposes in Temple, TX should familiarize themselves with the city's regulations and ensure that their property complies with all requirements to avoid any potential issues or penalties.
Market Trends Over Time
Explore 25 years of market data for Temple, 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 Temple, TX.
The LTR Genie Score of Temple, TX is 73 and STR Genie Score is 56, indicating a high and moderate rating respectively. The high LTR Genie Score can be attributed to the very high LTR Rentability, LTR Net ROI of 24.41%, and positive LTR Rent Growth Rate of 0.0486%. On the other hand, the moderate STR Genie Score is influenced by the STR Net ROI of 22.83%, 1-Year Price Appreciation Forecast of 0.65%, and STR Occupancy rate of 58.33%.
Temple, TX is a growing market with a diverse economy driven by healthcare, education, and manufacturing industries. The city offers a mix of urban amenities and a suburban feel, making it attractive to both residents and investors.
Considering the metrics and Genie Scores, Temple, TX seems to be a more attractive market for long-term rental investment rather than short-term rental investment. With a high LTR Rentability and Net ROI, investors can benefit from stable rental income and potential appreciation in property value over time. However, investors should also keep an eye on the 1-Year Price Appreciation Forecast for potential growth opportunities in the market.
LTR Genie Score 93
$77,500
🛏 3 Beds🛁 2.0000 Baths🏙 1,242 sqft.🏠 SINGLE FAMILY
