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Generally Investor friendly
STRs are permitted and no citywide caps exist, but operation hinges on zoning compliance, possible special exceptions/variances, building permits, CO, and parking/fire/health checks under the zoning code and 6% state HOT. There’s no dedicated STR office, which adds process uncertainty but not outright prohibitions. Overall, moderate permitting/approval steps are manageable and don’t heavily deter investment.
Local STR Agent
STR specialist · Gatesville, TX
Gatesville is a small city in central Texas, serving as the county seat of Coryell County. With an approximate population of around 16,000, it carries the longstanding nickname of "Spur Capital of the World" because of the boot-spur manufacturers that have operated in the area for generations. The city sits roughly between Waco to the east and Killeen to the southwest, with the large Fort Cavazos Army installation also nearby, giving Gatesville a blend of small-town Texas character and close connections to two of central Texas's biggest economic hubs.
Just a short drive south of town, Mother Neff State Park preserves the original tract of land that became the very first state park in Texas in the 1920s. Today it offers shaded campsites, a stretch of the Leon River, and easy walking trails that make it a popular weekend escape for both residents and travelers exploring the region.
About 30 miles to the southwest, Fort Cavazos (formerly Fort Hood) is one of the largest active-duty U.S. Army installations in the country, headquarters of the 1st Cavalry Division and home to tens of thousands of soldiers and their families. While most of the post is restricted to those with military access, the steady flow of visitors, family events, and ceremonies at the installation creates a consistent stream of guests looking for places to stay in surrounding towns like Gatesville.
Gatesville's walkable downtown centers on the historic Coryell County Courthouse, an early-twentieth-century building that anchors the town square. Locally owned diners, antique shops, and small businesses give the area a quiet, traditional feel that contrasts with the larger cities an hour or so in either direction.
For day trips, Waco lies roughly 40 miles to the east and offers a much larger set of attractions, including the Magnolia Market complex, the Cameron Park Zoo, and the Waco Mammoth National Monument, all of which draw visitors year-round.
Gatesville offers a comfortable balance of small-town Texas character and easy access to several of the state's most visited destinations. Its central position between Waco and the Fort Cavazos region, combined with nearby outdoor escapes like Mother Neff State Park and its authentic western heritage, makes it a practical and appealing base for short-term rental guests looking to explore central Texas without the pace of a larger city.