Wichita Falls, TX

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

232 / 403

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$21,352

Middle-Earners Revenue

Occupancy

74%

Middle-Earners Occupancy

Home Value

$168,124

Median Home Sale Price

Top Earners

$40,738

Top-Earners Revenue

Wichita Falls

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Wichita Falls.

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B

Generally Investor friendly

Wichita Falls Regulations

STRs are explicitly allowed citywide with simple, no‑fee online registration and no caps; the main burden is a 9% hotel occupancy tax and monthly/quarterly filings with modest late penalties, while enforcement is predictable.

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About Wichita Falls

Wichita Falls ( WITCH-i-tah) is a city in and the seat of government of Wichita County, Texas, United States. It is the principal city of the Wichita Falls metropolitan statistical area, which encompasses all of Archer, Clay, and Wichita Counties. According to the 2020 census, it had a population of 102,316, making it the 39th-most populous city in Texas. The city was named, in 1876, for a waterfall on the Wichita River, which was destroyed due to flooding in 1886. The city is home to the Newby-McMahon Building (otherwise known as the "world's littlest skyscraper"), constructed downtown in 1919 and featured in Robert Ripley's Ripley's Believe It or Not!.

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