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Nevada, Texas

Short-Term Rental Market Data & Investment Analysis

Nevada, Texas Short-Term Rental Market

The Nevada, TX area STR market averaged $215/night at 66.6% occupancy in June 2026, revenue up 6.4% year over year.

Quick Answer: Nevada, Texas is an active short-term rental market. average occupancy in the Dallas market area is 67%. average monthly revenue in the Dallas market area is $3,618. average daily rate in the Dallas market area is $215. the top operator in the Dallas market area is Evolve with 235 listings. market score is 79/100 (grade B).

Avg Monthly Revenue
$3,618
↑ 6.5% YoY
67%
Occupancy
↓ 3.3% YoY
$215
Avg Daily Rate
↑ 19.1% YoY
44.3 days avg lead time5.1 avg length of stay

Market data reflects the Dallas regional market, which includes Nevada. Regulations, taxes, and permit details below are specific to Nevada.

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation64
Seasonality97
Investability66
Rental Demand67
Revenue Growth71

Market Overview

Nevada, Texas is a small rural bedroom community in Collin County, about 36 miles northeast of Dallas, with a population of 1,314. The StaySTRA STR series for this area is tracked at a shared submarket level, in this case matching the series for the much larger Denton, TX market roughly 40 miles away, rather than uniquely for Nevada itself; the figures below describe the Nevada, TX area STR market on that shared basis. Nevada has no tourism economy or notable visitor attractions of its own; leisure activity in the area is driven by nearby Collin County destinations such as historic downtown McKinney, the Heard Natural Science Museum and Wildlife Sanctuary, and Lavon Lake, and short-term rental guests here are more likely DFW-area overflow, contractors, or visitors to local residents than destination tourists.

The Nevada, TX area STR market posted an average daily rate of $214.51 and 66.58% occupancy in June 2026, with a trailing average revenue per listing of about $3,617.88. Year over year, revenue is up 6.38% and ADR is up 2.18%, even as occupancy is down 3.29%. Average booking lead time is 44.33 days and average length of stay is 5.10 nights.

Seasonal Patterns

Monthly seasonal data for Nevada, Texas
MonthOccupancy
Jan55%
Feb60%
Mar65%
Apr61%
May64%
Jun70%
Jul67%
Aug61%
Sep61%
Oct62%
Nov59%
Dec58%

Month-by-month nightly rates and revenue figures for Nevada are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Top Short-Term Rental Operators in Dallas market area

Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Dallas market as a whole, which includes Nevada, so these counts are not Nevada-only figures.

#OperatorListingsReviewsRating
1Evolve2355,878★ 4.40
2Landing, Inc.195234★ 4.36
3Landing1677★ 2.52
4Luxora1244,308★ 4.36
5Properties By Preston109263★ 3.54

What Kind of STR Should I Buy in Nevada?

Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Nevada are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb59.2%
vrbo5.1%
both35.7%

Investment Analysis

The full investment analysis for Nevada — gross-yield math against current home values, plus 5-year monthly revenue, nightly-rate, and occupancy trend charts — is available to StaySTRA Pro members and updates monthly. The figures shown elsewhere on this page are the free market snapshot.

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Home Value Trends (Nevada)

Typical home values, median sale prices, and the 10-year price trend for Nevada are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Insights

Booking-window and length-of-stay analysis for Nevada — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Short-Term Rental Regulations

Short-term rentals are not separately regulated in Nevada, TX. The city’s Revised Comprehensive Zoning Ordinance (No. 17-09) establishes single-family residential districts, but no ordinance specifically addressing short-term or vacation rentals was found among the city’s roughly 138 published ordinances as of mid-2026. There is no city STR permit, registration, license, owner-occupancy, primary-residence, or night-cap requirement on record; STRs appear to be allowed by default under standard residential zoning, subject to general property-maintenance and nuisance rules.

Texas has no statewide STR preemption law, so the city retains authority to add STR-specific rules later with little notice. On taxes, Texas imposes a mandatory 6.0% state hotel occupancy tax on stays under 30 days, generally collected by platforms like Airbnb and Vrbo; cities and counties may add a local hotel occupancy tax of up to about 7%, but no Nevada-specific local tax was confirmed. Enforcement is rated minimal. Investors should verify current rules directly with the City Secretary before operating, since a small city’s code can change without much notice.

Market Comparison

The Nevada, TX area’s $214.51 ADR sits slightly below the roughly $220 national median ADR, about 2.5% lower, while its 66.58% occupancy runs well above the commonly cited US short-term rental median of about 55%. That combination suggests this market competes on fill rate near the DFW metro rather than on premium pricing.

Property-manager-level data for this market is tracked at a shared regional level rather than uniquely for Nevada, so this profile omits it.

Frequently Asked Questions About Nevada, Texas

What is the average daily rate for short-term rentals in Nevada, TX?
Nevada short-term rentals average $215 per night across all listing types. Nightly-rate breakdowns by property tier are available with StaySTRA Pro.
What is the short-term rental occupancy rate in Nevada, TX?
The Nevada, TX area STR market averaged 66.58% occupancy in June 2026, down 3.29% year over year, with revenue up 6.38%.
Are short-term rentals legal in Nevada, Texas?
Yes, with no dedicated STR ordinance found in the city’s code as of mid-2026. STRs appear to be allowed by default under standard single-family zoning, subject to Texas’s 6% state hotel occupancy tax.
What is the best month to operate a short-term rental in Nevada, TX?
Occupancy in Nevada peaks in Jun (70%) and is softest in Jan (55%). Month-by-month rate and revenue figures are available with StaySTRA Pro.
Is Nevada, TX a tourist destination?
No. Nevada has no tourism economy or notable attractions of its own; nearby draws include historic downtown McKinney, the Heard Natural Science Museum, and Lavon Lake, and STR demand here likely reflects DFW-area overflow and visits to local residents rather than destination travel.
What does a typical home cost in the Nevada, TX short-term rental market?
Zillow’s typical home value was $407,548.34 as of June 2026, across just 15 homes for sale.
Nevada, TexasRev $3,618ADR $215Occ 67%Score B (79)

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Table of Contents

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Quick Facts: Dallas market area

Avg Daily Rate
$215
Occupancy Rate
67%
Avg Revenue/Mo
$3,618
Nevada Population
1,314

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