Smithville, OK

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

40 / 72

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$24,734

Middle-Earners Revenue

Occupancy

38%

Middle-Earners Occupancy

Home Value

$197,509

Median Home Sale Price

Top Earners

$46,422

Top-Earners Revenue

Smithville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Smithville.

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B

Generally Investor friendly

Smithville Regulations

STRs are broadly permitted under state law and typical municipal rules, and the guide calls for a straightforward permitting path—registration/business license, safety/insurance, and standard sales/lodging taxes—without citing caps, severe fees, or complex inspections in Smithville. The permissive tone and lack of restrictive caps support moderate permitting burden and manageable compliance risk.

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About Smithville

Smithville is a small community in McCurtain County, in the far southeastern corner of Oklahoma, nestled in the forested foothills of the Ouachita Mountains. With a population of only a few hundred residents, the town has the feel of a quiet rural crossroads rather than a busy tourist destination, but its location makes it a convenient, low-key base for visitors exploring one of Oklahoma's most popular outdoor recreation regions. It sits roughly two and a half to three hours northeast of Dallas, Texas, and about twenty minutes south of the Broken Bow and Hochatown area, which together form the heart of the state's southeastern tourism scene.

Beavers Bend State Park, just north of Smithville, is the marquee draw of the region. Set along the lower Mountain Fork River where it flows into Broken Bow Lake, the park offers trout fishing, hiking trails, horseback riding, and cabins tucked beneath a canopy of pine and hardwood. The park draws visitors year-round but is especially busy in summer and during the fall foliage season, when the surrounding hills turn vivid shades of red and gold.

Broken Bow Lake itself is a sizable reservoir known for its clear water, wooded shoreline, and reputation as one of Oklahoma's premier fishing and boating destinations. Marinas around the lake rent pontoons, kayaks, and ski boats, and the surrounding hills are dotted with private cabins and lodges that have made the broader area a short-term-rental hotspot in recent years.

Just outside the park, the small community of Hochatown has grown into a tourist hub with restaurants, breweries, wineries, and outfitters catering to park visitors. It offers a strip of dining and entertainment options that complements the outdoor focus of the state park, giving travelers a place to stock up, eat out, or unwind after a day on the water.

For short-term-rental investors, Smithville's appeal lies in its quieter, more rural character compared to busier Hochatown, paired with quick access to the lake, park, and surrounding attractions. Guests get the feel of an authentic small Ouachita Mountain community while remaining within a short drive of the region's restaurants, marinas, and trailheads, a combination that supports steady demand from outdoor-oriented travelers seeking a more laid-back alternative to the area's busier resort towns.

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