Andrews, TX

Key Performance Metrics

Market snapshot

Performance indicators for the Andrews short-term rental market based on reliable data.

Listings

4 / 9

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$21,784

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$254,892

Median Home Sale Price

Top Earners

$32,544

Top-Earners Revenue

Andrews

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Andrews.

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Generally Investor friendly

Andrews Regulations

STRs are allowed under Texas state rules with no city-level licensing or caps; compliance involves registering for the state hotel occupancy tax (6%) and meeting basic safety standards, but the lack of explicit city ordinances creates moderate uncertainty around zoning and enforcement, increasing investor risk.

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About Andrews

Andrews is the county seat of Andrews County in the Permian Basin of West Texas. Andrews sits to the far southwest within the Texas Panhandle's plains, about 30 miles east of New Mexico. Andrews was incorporated on February 2, 1937. Both the city and county were named for Richard Andrews, the first Texan soldier to die in the Texas Revolution.The population was 13,487 as of 2020.