North Richland Hills, TX

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the North Richland Hills short-term rental market based on reliable data.

Listings

138 / 304

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$48,550

Middle-Earners Revenue

Occupancy

67%

Middle-Earners Occupancy

Home Value

$371,713

Median Home Sale Price

Top Earners

$89,287

Top-Earners Revenue

North Richland Hills

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in North Richland Hills.

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C

Challenging to Investors

North Richland Hills Regulations

New STRs are limited to multi‑family, commercial, and TOD districts; single‑family neighborhoods are barred, and multi‑family units are capped at 5% of the complex—tight supply and zoning constraints for investors. The regime requires an annual permit, initial and quarterly inspections, a local contact who must respond within 60 minutes, and quarterly HOT remittance, with fines up to $2,000 and revocation after multiple violations, creating moderate-to-high compliance costs and risk. The city provides clear guidance and a defined process, but the restrictive zones and cap, together with active inspections and enforcement, make the environment challenging rather than broadly friendly.

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About North Richland Hills

North Richland Hills is a well-established suburban city in Tarrant County, Texas, situated in the heart of the Dallas–Fort Worth metroplex. With a population of roughly 70,000 residents, it is one of the larger suburbs nestled between Fort Worth and Dallas, offering a family-friendly atmosphere characterized by tree-lined neighborhoods, well-maintained parks, and a calm residential feel. The city is best known as a commuter community that grants easy access to the cultural attractions of Fort Worth, the urban energy of Dallas, and the entertainment venues of Arlington, all within a short drive. Positioned approximately twelve miles northeast of downtown Fort Worth and about twenty-five miles west of downtown Dallas, North Richland Hills offers visitors a strategic base for exploring one of the most dynamic regions in the American South.

A standout local attraction is the NRH2O Family Water Park, one of the largest municipal water parks in Texas. Open seasonally during the warmer months, it features a sprawling wave pool, lazy river, and a collection of slides and family rides that draw visitors from across the metroplex. Located within the city, the park is just minutes from most neighborhoods and hotels, making it a convenient anchor for summer-focused short-term rentals. A second local highlight is the Northeast Mall, a major regional shopping destination with well-known department stores, dining options, and entertainment venues that gives the area its own commercial heartbeat independent of the larger downtown cores.

For travelers willing to venture a short distance, the Fort Worth Stockyards National Historic District lies about twenty minutes southwest of North Richland Hills. This preserved slice of Old West history offers daily cattle drives, rodeo events, and a distinctive blend of honky-tonks, saloons, and Western-themed shops, all centered on a beautifully maintained brick corridor. Further south in Arlington, approximately twenty-five minutes away, visitors find the entertainment district anchored by Six Flags Over Texas and the stadiums that host the Dallas Cowboys and Texas Rangers, offering year-round draws for sports fans and thrill-seekers alike. Closer to home, the city also maintains several green spaces, including C.B. Bird Park, which provides walking trails, sports fields, and a quiet escape from suburban surroundings.

North Richland Hills offers short-term-rental owners an appealing combination of suburban tranquility and metropolitan access. Its central position within the DFW metroplex places visitors within easy reach of major sports venues, historic districts, water parks, and the cultural amenities of two distinct downtowns, while the city's own restaurants, shops, and parks keep guests entertained without ever leaving the city limits. For travelers seeking a comfortable, well-located base from which to explore North Texas, North Richland Hills is a quietly compelling choice.

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