Performance indicators for the North Richland Hills short-term rental market based on reliable data.
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The highest-performing listings in North Richland Hills.
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Challenging to Investors
New STRs are limited to multi‑family, commercial, and TOD districts; single‑family neighborhoods are barred, and multi‑family units are capped at 5% of the complex—tight supply and zoning constraints for investors. The regime requires an annual permit, initial and quarterly inspections, a local contact who must respond within 60 minutes, and quarterly HOT remittance, with fines up to $2,000 and revocation after multiple violations, creating moderate-to-high compliance costs and risk. The city provides clear guidance and a defined process, but the restrictive zones and cap, together with active inspections and enforcement, make the environment challenging rather than broadly friendly.
Local STR Agent
STR specialist · North Richland Hills, TX
North Richland Hills, commonly known as NRH, is a city in the U.S. state of Texas, located in Tarrant County. It is a mid-to-high end suburb of Fort Worth and forms part of the Mid-Cities region of the Dallas-Fort Worth Metroplex. The population was 69,917 at the 2020 census, making it the third largest city in Tarrant County. In 2006, North Richland Hills was selected as one of the “Top 100 Best Places to live in America” according to Money magazine, and in 2016, the Dallas Morning News ranked North Richland Hills #9 on its list of best Dallas–Fort Worth neighborhoods. Major streets and highways include: FM 1938 (Davis Boulevard), Mid Cities Boulevard, Bedford-Euless Road, Interstate Highway 820, North Tarrant Parkway, FM 3029 (Precinct Line Road), and TX SH 26. It is home to the Birdville Independent School District, and the northern portion is served by Keller ISD. NRH notably houses the headquarters of HealthMarkets. North Richland Hills features popular businesses and locations, including the NRH20 Water Park, Medical City North Hills, and its own state-of-the-art public library. Additionally, NRH is surrounded by numerous communities, such as Haltom City, Keller, Hurst, and Southlake. It also housed the now-demolished North Hills Mall, which ceased operations in 2004. As of 2016, that site is now the new location of the North Richland Hills City Hall. In 2012, North Richland Hills was ranked at #44 as one of the Best Dallas Suburbs according to D Magazine.