Richmond, TX Rental Market for Investors
An estimated 14% of Richmond's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.
Homes in Richmond that pencil right now
A sample of active Richmond listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of August 2026.
$197,991DSCR 1.433 bed · 2 bath · 1,411 sqft
- STR revenue
- $31,658/yr
- Est. interest-only payment
- $1,476/mo
On the market 6 days · Listed by Keller Williams City View
Scout this home & market: 3-bed house in Richmond
$205,990DSCR 1.393 bed · 2 bath · 1,266 sqft
- STR revenue
- $31,327/yr
- Est. interest-only payment
- $1,501/mo
On the market 46 days · Listed by Housifi
Scout this home & market: 3-bed house in Richmond
$217,990DSCR 1.323 bed · 2 bath · 1,411 sqft
- STR revenue
- $31,658/yr
- Est. interest-only payment
- $1,599/mo
On the market 86 days · Listed by Keller Williams City View
Scout this home & market: 3-bed house in Richmond
$230,000DSCR 1.273 bed · 2 bath · 1,138 sqft
- STR revenue
- $36,196/yr
- Est. interest-only payment
- $1,893/mo
On the market 251 days · Listed by Lugary, LLC
Scout this home & market: 3-bed house in Richmond
$234,900DSCR 1.704 bed · 2 bath · 1,628 sqft
- STR revenue
- $46,732/yr
- Est. interest-only payment
- $1,832/mo
On the market 88 days · Listed by Entera Realty Llc
Scout this home & market: 4-bed house in Richmond
$239,900DSCR 1.594 bed · 2 bath · 1,686 sqft
- STR revenue
- $45,179/yr
- Est. interest-only payment
- $1,890/mo
On the market 48 days · Listed by Entera Realty Llc
Scout this home & market: 4-bed house in Richmond
$255,000DSCR 1.284 bed · 2.5 bath · 1,756 sqft
- STR revenue
- $41,523/yr
- Est. interest-only payment
- $2,160/mo
On the market 94 days · Listed by City Group
Scout this home & market: 4-bed house in Richmond
$260,000DSCR 1.313 bed · 2 bath · 1,504 sqft
- STR revenue
- $43,113/yr
- Est. interest-only payment
- $2,199/mo
On the market 10 days · Listed by Realty Of America, LLC
Scout this home & market: 3-bed house in Richmond
$295,000DSCR 1.293 bed · 2 bath · 1,638 sqft
- STR revenue
- $44,486/yr
- Est. interest-only payment
- $2,307/mo
On the market 84 days · Listed by Realm Real Estate Professional
Scout this home & market: 3-bed house in Richmond
As of August 2026, we analyzed 1,465 active for-sale homes in Richmond, Texas. The typical listing is priced at $440,000 and is projected to generate about $41,134 a year as a short-term rental.
After setting aside an estimated 20% for operating costs, an estimated 14.4% of those homes could still cover an investor mortgage payment on short-term-rental income — below the 52.5% median across the 200 major metros we track, ranking Richmond #193 of 200 for cash-flow potential.
On market momentum: homes in Richmond sit a median of 55 days on the market, and 31% of active listings came on in just the last 30 days — a steadily paced market, which shapes how much room there is to negotiate.
For a DSCR loan — which qualifies on the property's rental income rather than your personal income — Richmond runs tighter once operating costs are accounted for: many listings need a below-median price, a stronger short-term-rental setup, or more money down before the income covers the payment. It's a market where running the numbers property-by-property matters.
What actually works in Richmond
Cash-flow is the exception rather than the rule in Richmond right now: 57 of the 1,347 Richmond homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $300,000.
| Price | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|
| $150k–$250k | — | 76%1.36 | 100%1.38 | — |
| $250k–$350k | 0%0.73 | 12%0.99 | 9%1.02 | 0%0.96 |
| $350k–$500k | — | 0%0.74 | 0%0.78 | 0%0.80 |
| $500k+ | — | 0%0.39 | 0%0.57 | 0%0.54 |
Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.
Richmond in full
| Active for-sale homes analyzed | 1,465 |
|---|---|
| Median list price | $440,000 |
| Median projected STR revenue (annual, gross) | $41,134 |
| Median average daily rate (ADR) | $209 |
| Median occupancy | 53% |
| Median beds | 4 |
| Median size | 2,597 sqft |
| Estimated cash-flow-positive share | 14.4% |
| Median days on market | 55 days |
| New listings (last 30 days) | 31.1% of active |
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