Hemphill, Texas Short-Term Rental Market
Hemphill STRs averaged $203/night at 42.8% occupancy in April 2026, anchored by Toledo Bend Reservoir fishing demand.
Quick Answer: Hemphill, Texas is an active short-term rental market. average occupancy is 53%. average monthly revenue is $3,860. average daily rate is $271. the top operator is Evolve with 774 listings. market score is 63/100 (grade C).
Market data reflects the Texas East Area regional market, which includes Hemphill. Regulations, taxes, and permit details below are specific to Hemphill.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
Hemphill, Texas (population 1,029) is the county seat of Sabine County in deep East Texas and the primary gateway to Toledo Bend Reservoir, the largest man-made lake in the South at approximately 180,000 acres with over 1,200 miles of shoreline along the Texas-Louisiana border. The lake is a nationally recognized largemouth bass and crappie fishing destination, and the surrounding Sabine National Forest adds hunting and hiking activity. This outdoor-recreation base sustains a short-term rental market that is large relative to the town’s population: approximately 22,225 active listings are tracked in the market area, with 20,944 entire-place rentals (94% of total), 1,269 private rooms, and 12 shared rooms. Much of this inventory sits on lake frontage in unincorporated Sabine County rather than inside Hemphill city limits. Bedroom distribution ranges from 7,144 one-bedroom units to 5,376 two-bedrooms, 5,660 three-bedrooms, 2,451 four-bedrooms, and 1,530 five-bedroom properties. Both Airbnb and VRBO have substantial presence: 10,311 listings are Airbnb-only, 9,670 appear on both platforms, and 2,244 are VRBO-only. In April 2026, the market-wide ADR was $203.35 and occupancy reached 42.8%, producing RevPAR of $86.95 and average monthly revenue of $2,435. Year-over-year, occupancy ticked up 1.08 percentage points while ADR fell 3.36%, leaving net revenue nearly flat at -0.17%. The composite market score of 62.99 reflects moderate overall fundamentals, with an investability sub-score of 89.01 reflecting the favorable cost-to-revenue dynamics common in rural Texas lake markets.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 33% | $161 | $1,617 |
| Feb | 41% | $161 | $1,627 |
| Mar | 50% | $211 | $2,695 |
| Apr | 41% | $206 | $2,332 |
| May | 44% | $231 | $2,694 |
| Jun | 53% | $271 | $3,778 |
| Jul | 53% | $275 | $4,009 |
| Aug | 42% | $236 | $2,765 |
| Sep | 39% | $215 | $2,247 |
| Oct | 42% | $205 | $2,398 |
| Nov | 41% | $201 | $2,222 |
| Dec | 37% | $190 | $2,096 |
Top Short-Term Rental Operators in Hemphill
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 774 | 27,617 | ★ 4.71 |
| 2 | Vacasa | 238 | 8,722 | ★ 4.67 |
| 3 | FCR Partners, LP | 103 | 172 | ★ 4.68 |
| 4 | Neal’s Lodges | 97 | 170 | ★ 4.79 |
| 5 | 979 Vacation Property Services | 96 | 3,231 | ★ 4.62 |
What Kind of STR Should I Buy in Hemphill?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 7,144 |
| 2 bed | 5,376 |
| 3 bed | 5,660 |
| 4 bed | 2,451 |
| 5 bed | 1,530 |
ADR by Property Tier
| Entire Home | $281 |
| Luxury | $538 |
| Professionally Managed | $442 |
Revenue by Dwelling Type
| Apartment | $2,174 |
| Entire Place | $4,002 |
| House | $4,276 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 46.4% |
| vrbo | 10.1% |
| both | 43.5% |
Investment Analysis
Housing snapshot data is not available for the Hemphill market in the current dataset, so a direct home-value yield calculation cannot be provided. The revenue data, however, shows an annualized run rate of approximately $29,219 at the April 2026 all-listings average of $2,435 per month. Entire-place listings earned $2,513 per month and houses averaged $2,608, while apartments trailed at $1,679. Professionally managed listings averaged $314.67 per night in ADR versus the market mean of $203.35, a premium of $111.32 per night. The luxury tier reached $442.86 per night. Year-over-year revenue was essentially flat at -0.17%, and the annual data series shows revenues peaked at $3,006 per month (annual average) in 2021 and have declined gradually to $2,652 in 2025, with the 2026 partial-year average of $2,254 suggesting further softening partly attributable to seasonal April timing. The investability score of 89.01 reflects Hemphill’s light regulatory environment and the lake market’s established demand base. A June and July run rate of $3,768-$4,009 per month in peak months provides meaningful seasonal upside versus the annual average.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
In April 2026, Hemphill guests booked an average of 38.7 days in advance and stayed an average of 3.81 nights. The 38.7-day lead time gives operators roughly five to six weeks to apply dynamic pricing before arrival. The 3.81-night average stay is consistent with fishing-trip patterns, typically a long weekend or a midweek stay rather than a full week. For operators, this means bookings turn over frequently: at 42.8% occupancy (roughly 13 nights booked per month) and 3.81-night stays, a listing averages approximately 3 to 4 bookings per month. During peak June and July, turnover accelerates. Operators near fishing tournament sites may want to set minimum-stay requirements of 2 to 3 nights to reduce single-night disruption while still capturing the peak-season demand. Lead time in fishing markets can compress significantly in the weeks before a major tournament announcement, so monitoring local tournament calendars is a practical pricing lever.
Short-Term Rental Regulations
Hemphill has no short-term rental permit, registration requirement, or dedicated STR ordinance as of mid-2026. Texas does not issue a statewide STR permit. The city code does not define residential zoning districts or restrict STR use; enforcement is characterized as minimal. No owner-occupancy, primary-residence, or maximum nights per year requirement applies. Much of the Toledo Bend lake rental inventory is located in unincorporated Sabine County, outside any municipal zoning authority. The main tax obligation is the Texas state Hotel Occupancy Tax of 6% on stays under 30 days. Airbnb and VRBO typically collect and remit this tax on behalf of hosts on Texas bookings. A local Hotel Occupancy Tax may apply at the city or county level (Texas cities may levy up to 7% and counties up to approximately 7%), but no confirmed Hemphill or Sabine County local HOT rate was found in the data; operators should verify directly with the Hemphill city office and Sabine County before operating. Investors should also confirm whether their specific parcel is inside city limits or in unincorporated county territory, as this determines which rules and taxes apply.
Market Comparison
The U.S. STR median occupancy is approximately 55% and median ADR approximately $220. Hemphill sits below both at 42.8% occupancy and $203.35 ADR in April 2026, typical of a rural fishing market with a pronounced off-peak winter. The market’s investability score of 89.01 is notably above average, reflecting that the revenue-to-acquisition-cost ratio in rural East Texas tends to be favorable for investors who can source affordable lakefront property. Among operators, Evolve is the dominant professional manager with 774 listings and 27,617 reviews at a 4.71-star average, representing roughly 3.5% of total market supply. Vacasa holds 238 listings at 4.67 stars. Regional and local operators follow: FCR Partners LP with 103 listings, Neal’s Lodges with 97 listings at a 4.79-star average, and 979 Vacation Property Services with 96 listings and 3,231 reviews at 4.62 stars. The top five collectively manage about 1,308 listings, or roughly 5.9% of the approximately 22,225-unit market, indicating a highly fragmented supply base dominated by individual owner-operators.
Frequently Asked Questions About Hemphill, Texas
What is the average daily rate for STRs near Toledo Bend in Hemphill, TX?
What occupancy rate can I expect for a Toledo Bend STR?
Do I need a permit to operate a short-term rental in Hemphill or near Toledo Bend?
How much monthly revenue can a Hemphill STR generate?
When is peak STR season in Hemphill?
Which property managers operate in the Hemphill / Toledo Bend market?
What is the typical booking lead time and length of stay near Toledo Bend?
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