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Generally Investor friendly
Short‑term rentals are operating and not prohibited, but investors must verify zoning with Montague County and comply with state SB 451 requirements (HOT permit/registration, tax remittance, and safety equipment). No city‑level caps or bans are documented, and compliance steps are straightforward, making compliance manageable and STRs viable with a moderate permitting burden.
Local STR Agent
STR specialist · Forestburg, TX
Forestburg is a small, unincorporated community in Montague County, in north-central Texas, with a population of roughly 300 residents. The community has the quiet, slow-paced character typical of the rural Cross Timbers region, where rolling prairies, scattered oaks, and working ranches define the landscape. It is best known as a gateway to a handful of nearby lakes and small historic towns, and it sits about 90 miles northwest of the Dallas–Fort Worth metroplex, accessible by a roughly two-hour drive via US Highway 287 and State Highway 101.
A short drive northeast of Forestburg brings visitors to Lake Nocona, a roughly 1,500-acre reservoir on the Clear Fork of the Trinity River that serves as the area's main outdoor recreation hub. The lake offers fishing for bass, crappie, and catfish, along with boating, swimming, and shoreline camping at the surrounding public parks, and it is typically reached from Forestburg in about 20 to 25 minutes.
Just beyond the lake lies the town of Nocona, roughly 25 minutes from Forestburg, which carries a strong Western heritage. The community is closely associated with the boot-making tradition of Nocona Boots, the family of which Nocona is named, and visitors can explore the Nocona Boot Company (now operating under a different name but still in the area) and several small shops that lean into the town's leather-working and Western-wear legacy. Antique stores, a historic downtown square, and the Tales 'N' Trails Museum round out a casual day-trip experience.
For a wider regional draw, the broader Montague and Cooke County area opens into the LBJ National Grasslands, a large expanse of public land managed by the U.S. Forest Service that sits roughly an hour's drive southeast of Forestburg. The grasslands offer horseback riding, hiking, hunting in season, and a sense of wide-open space that contrasts with the busier reservoirs closer to town.
Forestburg makes a compelling base for short-term rentals because it combines genuine rural Texas character with practical access to a varied set of nearby experiences: a recreational lake within half an hour, a heritage-rich small town, and a national grassland within easy day-trip distance. Guests looking for quiet country settings, starry nights, and the freedom to explore small-town North Texas tend to find the location especially rewarding, while owners benefit from a destination that feels off the beaten path without being truly remote from the population centers of north Texas.