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Terrell, 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
$1,618
Monthly Cash Flow
-$303
Principal + Equity
$2,097
Annual Total Gain
$21,529
Cash on Cash
-5.23%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$210
Occupancy Rate
33.33%
Monthly Revenue
$1,532
Monthly Cash Flow
-$619
Principal + Equity
$2,097
Annual Total Gain
$17,740
Cash on Cash %
-10.68%
Net ROI %
Market Health & Growth
Median Income
$63,795
Population
19,019
LTR Renter %
40.41%
Forecast (1 yr)
0.6%
Appreciation (1 yr)
-2.68%
Appreciation (5 yr)
37.42%
Appreciation (10 yr)
118.48%
Job Growth
7.03%
LTR Rentability
Very High
STR Demand
13
STR Rentals
44
Top Public Schools
A-Sunnyvale Intermediate School
BGlobal Leadership Academy
B
B-
B-
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
#25out of 417 markets
Most Diverse Places to Live in Texas
#66out of 1052 markets
Best Suburbs for Young Professionals in Texas
#153out of 417 markets
D
Public School
C-
Crime And Safety
C
Housing
B-
Nightlife
C
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 Terrell, TX.
In Terrell, TX, Short Term Rental (STR) regulations are governed by the city's Code of Ordinances. As of now, there are no specific regulations or ordinances in place that specifically address STRs. However, it is important for investors to be aware that the city may have zoning regulations or other restrictions that could impact their ability to operate an STR in certain areas.
Investors should also be aware of any homeowner association (HOA) rules or restrictions that may prohibit or limit STRs in certain neighborhoods or developments. It is important to thoroughly research and understand any potential restrictions before purchasing a property for STR purposes.
Additionally, investors should be aware of any licensing or permitting requirements that may be necessary to operate an STR in Terrell. It is important to comply with all local regulations and obtain any necessary permits before renting out a property on a short-term basis.
Overall, while there may not be specific regulations in place for STRs in Terrell at this time, it is important for investors to thoroughly research and understand any potential restrictions or requirements that may impact their ability to operate an STR in the city before making a purchase.
Market Trends Over Time
Explore 25 years of market data for Terrell, 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 Terrell, TX.
The LTR Genie Score of Terrell, TX is 73, indicating a high level of potential for long-term rental investment. The STR Genie Score of 39 suggests that the market may not be as favorable for short-term rental or Airbnb investments. The high LTR Genie Score can be attributed to the very high LTR Rentability and impressive LTR Net ROI of 30.97%. On the other hand, the low STR Genie Score may be due to the relatively low STR Occupancy rate of 33.33% and STR Net ROI of 25.52%.
Terrell, TX is a growing market with a 1-Year Price Appreciation Forecast of 0.6%. This indicates that property values are expected to increase slightly in the near future, making it a potentially profitable market for real estate investors. Additionally, the LTR Rent Growth Rate of 0.0% suggests stability in rental prices, which can be attractive for long-term investment strategies.
Based on the metrics provided, Terrell, TX appears to be more attractive for long-term rental investment rather than short-term rental. The high LTR Genie Score and favorable rental metrics indicate that investors may find success in the long-term rental market in this area. However, it is important for investors to conduct further research and due diligence to fully assess the market before making any investment decisions.
LTR Genie Score 93
$240,000
🛏 5 Beds🛁 4.0000 Baths🏙 3,654 sqft.🏠 SINGLE FAMILY
