Is Haskell, Texas Good for Airbnb Investment?

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Haskell, Texas market research

Haskell, Texas Airbnb Investment Overview

$800–$1,500Typical monthly host earnings
8–12%Typical annual ROI
45–55%Average annual occupancy
VariesCombined taxes and local fees
Investment

Is Airbnb a Good Investment in Haskell, Texas?

Potentially—Haskell, Texas combines visitor demand with long-term real estate upside.

  • Presents a challenging investment opportunity due to the city's small population (approximately 3,000 residents) and limited tourist attractions.
  • Current market conditions reflect a rural, agricultural economy with relatively low property values, averaging between $80,000-$150,000 for suitable investment properties.
  • Tourism trends are not robust, primarily driven by seasonal hunters, business travelers, and occasional family visits, leading to average occupancy rates of only 45-55% annually.
  • While property acquisition costs are low, the constrained demand limits the potential for high rental income and rapid appreciation.
  • The investment potential for Airbnb in Haskell is generally less favorable compared to traditional long-term rentals, which offer more stable returns (6-9% ROI) and higher occupancy.
Earnings

How Much Does an Average Airbnb Earn in Haskell?

$800–$1,500 per month based on location, season, and property quality.

  • Based on available market data and regional analysis, Airbnb hosts in Haskell, Texas typically earn between $800-$1,500 per month.
  • Seasonal variations show peak earnings during spring and fall months when temperatures are more moderate.
  • Single-family homes with 2-3 bedrooms tend to outperform smaller units, while properties offering unique rural experiences or proximity to local attractions like historic downtown areas command premium rates.
  • Key factors affecting earnings include property condition, professional photography, responsive host communication, competitive pricing strategies.
  • Occupancy rates typically range from 45-65% annually, with successful hosts implementing dynamic pricing and maintaining high cleanliness standards to maximize revenue potential in this smaller market where competition is limited but demand fluctuates based on regional events and seasonal tourism patterns.
ROI Analysis

Airbnb Return on Investment in Haskell

Potentially strong—typical annual ROI is 8–12%.

  • Typically generate ROI between 8-12% annually, with payback periods averaging 10-14 years due to the small rural market and limited tourist demand in this agricultural community of approximately 3,000 residents.
  • The average daily rate for short-term rentals ranges from $75-$110, with occupancy rates around 35-45% annually, primarily driven by business travelers, hunters during season.
  • Property acquisition costs average $80,000-$150,000 for suitable investment properties, while renovation and furnishing expenses typically add $15,000-$25,000.
  • Long-term rentals in Haskell generally provide more stable returns at 6-9% ROI with 95% occupancy rates and monthly rents between $600-$900, making them often more attractive than Airbnb investments in this market.
  • The limited population base, lack of major tourist attractions, and seasonal demand patterns create challenges for consistent short-term rental income.
Occupancy Rate

Average Airbnb Occupancy Rate in Haskell

Haskell, Texas averages 45–55% annual occupancy, with seasonal variation.

  • Airbnb occupancy rates in Haskell, Texas typically average around 45-55% annually, with peak seasons occurring during spring (March-May) and fall (September-November) when rates can reach 65-70% due to favorable weather and local events, while summer months see moderate occupancy of 50-60% and winter months drop to 35-45% as tourism slows in the rural West Texas location.
  • Haskell's occupancy rates generally fall below the Texas state average of approximately 60-65% and significantly below the national average of 70-75%, primarily due to its small population of around 3,000 residents.
Best Neighborhoods

Best Neighborhoods for Airbnb in Haskell

The strongest opportunities balance visitor demand, nightly rates, and acquisition cost.

  • The downtown Haskell area near the courthouse square offers strong investment potential due to its historic charm and proximity to local businesses, antique shops, and the Haskell County courthouse.
  • The residential area along North Avenue E provides excellent value with larger historic homes that can accommodate families visiting for reunions or events.
  • The neighborhood surrounding Haskell Memorial Hospital on North First Street attracts medical travelers and families of patients.
  • Properties near Haskell High School and the civic center area perform well during school events, graduations, and community gatherings.
  • The area around City Park and the swimming pool appeals to families during summer months, offering recreational amenities that justify premium pricing of $90-120 per night.
  • The established residential zone near the water tower on the town's east side provides affordable investment opportunities with good rental potential due to quiet streets and proximity to both downtown and highway access.
  • The neighborhood around the Haskell Free Press building and main commercial district benefits from business travelers and those attending local events.
Regulations

Short-term Rental Regulations in Haskell

Yes, but only where zoning permits short-term rentals and every required license is current.

  • Short-term rental regulations in Haskell, Texas are primarily governed by state law and local ordinances.
  • Property owners typically need to obtain a business license from the city and register with the Texas Comptroller for tax purposes.
  • Occupancy limits generally follow fire code standards of two persons per bedroom plus two additional occupants, though specific limits may vary by property size and zoning.
  • Owner-occupancy requirements are minimal in Haskell, with most residential properties allowed to operate as short-term rentals without the owner living on-site.
  • Zoning restrictions typically permit STRs in residential areas with proper permitting, though commercial or mixed-use zones may have different requirements.
  • The registration process involves submitting applications to the city clerk's office with property information, insurance documentation, and safety compliance certificates.
Fees and Taxes

Short-term Rental Fees and Taxes in Haskell

Tax rates vary by jurisdiction; licensing, inspection, and insurance costs are additional.

  • Short-term rentals in Haskell, Texas are subject to several fees and taxes including the state hotel occupancy tax of 6% on gross rental receipts.
  • Property owners must register their short-term rental business with the Texas Comptroller's office for sales tax purposes, typically requiring a $20 permit fee.
  • Annual permit renewal fees for short-term rental operations generally range from $75-150 depending on local ordinances.
  • Additional costs may include a one-time registration fee of $25-50 with local authorities, potential inspection fees of $50-75, and standard property taxes which apply regardless of rental use.
  • Sales tax of 6.25% state rate plus local sales tax of approximately 1-2% may apply to certain rental services and amenities, bringing the total sales tax to roughly 7.25-8.25%.
Common questions

Haskell, Texas Airbnb investment FAQs

How to start an Airbnb in Haskell, Texas?

To start an Airbnb in Haskell, Texas, begin by researching local regulations since Haskell County and the city may have specific zoning requirements and short term rental ordinances that differ from larger Texas cities.

Launch checklist

  • Contact Haskell City Hall at (940) 864 to 2333 to verify if short term rentals are permitted in your desired area and obtain necessary business licenses or permits, which typically cost $50 to 200 annually.
  • Find a suitable property by searching local real estate listings through agents familiar with Haskell's market, focusing on homes near attractions like the Haskell County Historical Museum or downtown area, with properties ranging from $80,000 to 150,000.
  • Obtain proper insurance coverage including liability protection and consider LLC formation for asset protection, consulting with Texas based insurance providers who understand short term rental risks.
  • Furnish the property with essential amenities including Wi Fi, basic kitchen supplies, linens, and local guidebooks highlighting nearby attractions like Abilene (45 minutes away) or outdoor activities at nearby lakes.
  • Create your Airbnb listing with professional photos showcasing the property's proximity to hunting areas, local events, and small town charm, pricing competitively at $75 to 125 per night based on comparable properties in similar rural Texas markets.
  • Manage the property by establishing cleaning protocols between guests, responding promptly to inquiries, and partnering with local cleaning services in Haskell or nearby Stamford.
What's the best way to identify good STR properties in Haskell, Texas?

To identify profitable short term rental properties in Haskell, Texas, focus on properties within 2 to 3 miles of downtown Haskell and near major attractions like the Haskell County Courthouse or local lakes, as this small rural town of approximately 3,000 residents relies heavily on business travelers, hunters.

What to prioritize

  • Target 2 to 4 bedroom single family homes or historic properties built between 1920 to 1980 with original character features, full kitchens, outdoor spaces, and reliable internet.
  • Conduct pricing analysis using AirDNA and Mashvisor to benchmark against similar rural Texas markets, aiming for nightly rates between $80 to 150 depending on property size and amenities, with higher rates during hunting season and local festivals.
  • Research competition by analyzing existing Airbnb and VRBO listings within a 15 mile radius, noting that limited inventory in Haskell creates opportunities but also indicates smaller demand compared to larger Texas cities.
  • Utilize tools like STR Helper for market analysis, the Haskell Chamber of Commerce website for local event calendars, Texas Parks and Wildlife data for hunting season timing, and connect with local real estate agents familiar with investment properties.
How to get an Airbnb permit in Haskell, Texas?

To obtain an Airbnb/STR permit in Haskell, Texas, you must first contact the Haskell City Hall at 301 South 1st Street or call (940) 864 to 2333 to inquire about short term rental regulations, as this small city may have recently implemented or be developing STR ordinances.

Documents and approvals

  • You'll likely need to submit an application form along with required documents including a copy of your driver's license, property deed or lease agreement, certificate of insurance with minimum $1 million liability coverage, floor plan of the rental unit.
  • The application fee is estimated at $150 to 300 annually, with additional inspection fees of approximately $75 to 150.
  • Required documents should include a business license application, zoning compliance verification, fire safety inspection certificate, and neighbor notification forms for properties within 200 feet of your rental.
  • The approval timeline typically takes 30 to 45 days from submission of a complete application, including time for city staff review, property inspection, and any required public notice period.
  • Specific Haskell requirements likely include maintaining guest registries, posting emergency contact information, ensuring adequate parking spaces, limiting occupancy to 2 people per bedroom plus 2 additional guests, maintaining quiet hours from 10 PM to 7 AM.
Is it legal to operate a short-term rental in Haskell, Texas?

Short term rentals (STRs) are generally legal in Haskell, Texas, as the city does not have specific ordinances prohibiting them, following the broader permissive approach typical of many smaller Texas municipalities.

Core operating requirements

  • However, STR operators must comply with standard business licensing requirements and collect applicable state and local taxes, including the Texas state hotel occupancy tax of 6% and any local hotel occupancy taxes that Haskell County may impose.
  • Properties must meet basic safety and zoning requirements, and operators should ensure compliance with homeowners association rules if applicable.
  • While there are no specific prohibited areas within Haskell city limits for STRs, operators must adhere to residential zoning guidelines and cannot operate in areas specifically zoned as commercial only.
  • Recent legal changes have been minimal at the local level, though Texas state legislation in 2021 and 2022 has generally supported property owners' rights to operate STRs while requiring proper tax collection and registration with platforms like Airbnb and VRBO.
What are the best places to invest in Airbnb in Haskell, Texas?

The best areas for Airbnb investment in Haskell, Texas include the historic downtown district near the courthouse square, which attracts visitors interested in the town's Western heritage and serves business travelers visiting local government offices and the courthouse.

Areas to research

  • The residential neighborhoods along North Avenue E and South Avenue E offer attractive properties close to Haskell Memorial Hospital, making them ideal for medical travelers and families visiting patients.
  • Areas near Haskell High School and the civic center benefit from school events, sports tournaments, and community gatherings throughout the year.
  • The neighborhoods around Rule Highway (US 380) provide convenient access for travelers passing through or visiting nearby ranches and agricultural operations, as Haskell serves as a hub for the region's farming and ranching activities.
  • Properties near the Haskell County Airport area could attract private aviation travelers and those involved in agricultural aviation services.
Airbnb and lodging taxes in Haskell, Texas

Airbnb properties in Haskell, Texas are subject to the state hotel occupancy tax of 6% on gross rental receipts, which is automatically collected by Airbnb and remitted to the Texas Comptroller's office on behalf of hosts.

Taxes and filing responsibilities

  • Additionally, Haskell County may impose a local hotel occupancy tax of up to 7%, though the specific rate for unincorporated areas like Haskell is typically around 2 to 3%.
  • The City of Haskell, if incorporated, could impose an additional municipal hotel occupancy tax of up to 15% of the state rate (0.9%), but given Haskell's small size this is likely minimal or non existent.
  • Stays of 30 consecutive days or more are generally exempt from occupancy taxes, and certain government and non profit travelers may qualify for exemptions with proper documentation.
  • Hosts must register with local authorities, maintain detailed records of all rentals and taxes collected, and file returns even if no tax is owed during a reporting period.
Total cost to purchase, furnish and operate an Airbnb in Haskell, Texas

To start an Airbnb in Haskell, Texas, expect total costs around $180,000 to $220,000.

Cost breakdown

  • Property purchase represents the largest expense at approximately $150,000 to $180,000 based on median home prices in the area as of 2023 to 2024.
  • Furnishing costs typically range $8,000 to $15,000 for a complete setup including beds, linens, kitchen essentials, living room furniture, and decor to create an attractive rental space.
  • Initial setup costs including professional photography, listing creation, and basic marketing materials run $500 to $1,500.
  • Permits and fees vary but budget $200 to $800 for short term rental permits, business licenses, and any required inspections from the city of Haskell.
  • Insurance costs approximately $1,200 to $2,400 annually for short term rental coverage beyond standard homeowner's insurance.
  • Utility setup and deposits for electricity, water, gas, internet, and cable typically cost $300 to $600 initially.
  • First six months of operating costs including utilities ($150 to $300 monthly), cleaning supplies and services ($100 to $200 monthly), maintenance reserves ($100 to $200 monthly), platform fees.
Are Airbnb properties in Haskell, Texas profitable?

Airbnb properties in Haskell, Texas, a small town of approximately 3,200 residents located 20 miles northeast of Abilene, show moderate profitability potential with average nightly rates ranging from $75 to 120 for typical 2 to 3 bedroom homes.

Profitability indicators

  • Properties in this market generate estimated monthly revenues of $1,800 to 3,200, while expenses including mortgage payments ($800 to 1,200), utilities ($150 to 200), cleaning fees ($300 to 500), insurance ($100 to 150).
  • This results in profit margins of 15 to 30% for well managed properties, with annual net profits averaging $3,000 to 9,000 per property.
  • Success factors include proximity to Lake Stamford recreational activities, competitive pricing below larger Texas markets, and targeting guests visiting nearby Abilene or attending events at Hardin Simmons University.
  • Properties with amenities like hot tubs, fire pits, or lake access command premium rates of $130 to 180 nightly, while basic homes without unique features struggle with occupancy rates below 40%.
  • The market benefits from limited hotel options in the immediate area, though seasonal fluctuations affect profitability with peak demand during spring and fall months when outdoor activities are most popular.
What is the expected return on investment for an Airbnb in Haskell, Texas?

Airbnb investments in Haskell, Texas typically generate annual ROI of 8 to 12% with cash on cash returns ranging from 6 to 10%, based on the town's proximity to larger markets like Abilene and steady demand from business travelers and visitors to nearby attractions. Properties in Haskell generally achieve profitability within 18 to 24 months, with average daily rates of $75 to 95 and occupancy rates around 55 to 65% annually.

Return planning figures

  • The market benefits from lower property acquisition costs averaging $80,000 to 120,000 for suitable rental properties, though investors should account for higher marketing costs due to the smaller market size.
  • Companies like Vacasa and RedAwning have reported similar performance metrics in comparable small Texas markets, with 2023 to 2024 data showing consistent demand from oil and gas industry workers and weekend leisure travelers exploring rural Texas destinations.
What company can help me find and buy a profitable Airbnb in Haskell, Texas?

STRSearch is a leading national platform that specializes in identifying profitable short term rental properties for Airbnb investors in Haskell, Texas and surrounding areas.

Companies and resources

  • Local real estate agents serving the Haskell market include Coldwell Banker, RE/MAX, and Century 21 offices in nearby Abilene and Stamford who work with investors seeking vacation rental properties.
  • National services like AirDNA provide market analysis and revenue projections for Haskell properties, while Mashvisor offers investment property analysis tools for the Texas market.
  • RedAwning and Vacasa provide property management services for Airbnb investors in rural Texas markets including Haskell County.
  • Local property management companies such as West Texas Property Management and Big Country Rentals based in Abilene serve the Haskell area for short term rental operations.
  • Investment focused real estate companies like HomeVestors and BiggerPockets marketplace connect investors with properties in smaller Texas markets.

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Success Rate
100% profitable track record
Data Accuracy
Proprietary filters, precise forecasts
Service Scope
End-to-end STR investment support
Risk Mitigation
Only cash-flow-positive matches
Expert Network
Vetted realtors, lenders, designers included
Other Services
Success Rate
Inconsistent ROI, no guarantees
Data Accuracy
Generic metrics, inaccurate estimates
Service Scope
Partial services only
Risk Mitigation
No profitability screening
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Limited or no partner access
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