Rainbow, TX
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Rainbow short-term rental market based on reliable data.
Listings
252 / 629
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$31,695
Middle-Earners Revenue
Occupancy
60%
Middle-Earners Occupancy
Home Value
$391,421
Median Home Sale Price
Top Earners
$56,445
Top-Earners Revenue
Rainbow
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Rainbow.
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Challenging to Investors
Rainbow Regulations
Rainbow has no city STR rules, so legality and compliance rest on unclear county or HOA terms, state taxes/occupancy certificates, and any future municipal action—introducing legal and enforcement uncertainty that makes investment challenging.
Local STR Agent
STR specialist · Rainbow, TX
About Rainbow
Rainbow is an unincorporated community in Somervell County, Texas, United States. It is located on Farm to Market Road 200, four miles northeast of Glen Rose. The community is a suburb of the Granbury, Texas Micropolitan Statistical Area. The origins of the community's name date back to the 1890s. Area residents requested a post office and gathered to choose a name. During the meeting, a thunderstorm occurred, followed by a rainbow. The residents, struck with the rainbow's beauty, named their town after it. In the 1920s, Rainbow had a population of approximately 113. The population began to decrease after that period, reaching a low of 40 in 1960. With the opening of nearby Dinosaur Valley State Park in the 1970s, the population increased. Current estimates of Rainbow's population range from 76 to 121. The Glen Rose Independent School District serves Rainbow area students.