Colorado City, TX

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

16 / 34

Reliable / Active

Cap Rate

28%

Middle-Earners Gross Yield

Revenue

$28,417

Middle-Earners Revenue

Occupancy

72%

Middle-Earners Occupancy

Home Value

$101,328

Median Home Sale Price

Top Earners

$40,198

Top-Earners Revenue

Colorado City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Colorado City.

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A

Very Investor friendly

Colorado City Regulations

STRs are allowed citywide with no city or county ordinance limiting them; the guide requires only state HOT (6%) and general health/safety compliance, with no permitting, caps or heavy reporting identified.

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About Colorado City

Colorado City is the county seat of Mitchell County, a small West Texas community of roughly 3,800 residents that serves as a quiet service hub for the surrounding ranching and oil-producing region. The town has a classic, slow-paced West Texas character with wide skies, a historic downtown core, and a friendly small-town feel that appeals to travelers looking for an authentic stop between larger cities. Sitting directly along Interstate 20, Colorado City lies about 35 miles west of Abilene and roughly 70 miles east of Big Spring, positioning it as a natural rest point along the busy east-west corridor.

Just a few miles south of town, Lake Colorado City State Park provides the area's marquee outdoor attraction, offering fishing, boating, swimming, and camping along the shores of a reservoir on the Colorado River. The park is a popular weekend spot for locals and a worthwhile draw for short-term rental guests, particularly during the warmer months when the lake comes alive with activity. Its proximity to Colorado City makes it easy for visitors to pair a day on the water with an evening in town, and the surrounding mesquite-and-limestone landscape offers a taste of classic Texas outdoors.

The historic downtown district gives the town much of its character, with vintage storefronts, local diners, and a handful of civic buildings that reflect the community's railroad-era roots. Travelers passing through often stop to stretch their legs, browse the small shops, or grab a meal at a longtime local restaurant. The compact downtown, framed by the open plains beyond, captures the kind of understated, big-sky atmosphere that defines this stretch of West Texas, and it offers a glimpse of small-town life that has changed little over the decades.

Further afield, Colorado City works well as a base for exploring a wider slice of the region. To the west, Big Spring and its namesake state park sit about an hour and fifteen minutes down Interstate 20, while to the east, Sweetwater and Abilene offer larger-town amenities, museums, and entertainment within roughly 30 to 40 miles. The combination of a small-town setting, easy interstate access, and the nearby state park makes Colorado City an inviting anchor for short-term rental visitors looking to slow down and experience West Texas on its own terms.

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