Red Oak, TX

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

28 / 71

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$29,784

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$348,820

Median Home Sale Price

Top Earners

$87,574

Top-Earners Revenue

Red Oak

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Red Oak.

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C

Challenging to Investors

Red Oak Regulations

Red Oak's lack of specific STR ordinances creates regulatory uncertainty despite technically allowing STRs through zoning compliance. Investors face complex processes including zoning analysis, potential Specific Use Permits, building code compliance, and tax registration, with limited clarity on operational limits and future regulatory development risk.

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About Red Oak

Red Oak is a suburban city in Ellis County, Texas, situated in the southern reaches of the Dallas–Fort Worth metroplex. With a population of approximately 12,000 to 15,000, it carries a quieter, small-town character that contrasts with the larger urban centers nearby, while still offering the conveniences of metro-area living. The city is best known as a residential community that serves as a gateway to the historic towns and rolling countryside of Ellis County, and it sits roughly 20 miles south of downtown Dallas, easily reached via Interstate 35E and U.S. Highway 287.

Just south of Red Oak lies Waxahachie, the seat of Ellis County, located about 12 to 15 miles away. The town is celebrated for its beautifully preserved downtown and the striking Ellis County Courthouse, one of the most photographed historic courthouses in Texas and a designated Texas Historic Landmark. Beyond the courthouse square, Waxahachie features an array of Victorian-era homes, antique shops, and locally owned restaurants that give the town a charming, walkable character well worth an afternoon's exploration.

For travelers looking to enjoy the outdoors, Joe Pool Lake and the surrounding Cedar Hill State Park are within a short drive to the west, roughly 20 to 25 minutes from Red Oak. The lake and park offer boating, fishing, swimming, hiking, and biking trails, and they sit at the edge of the rugged limestone terrain that marks the eastern edge of the Hill Country. The area provides a refreshing natural escape just minutes from suburban bustle.

To the south, Ennis sits about 25 to 30 miles from Red Oak and is famous as the "Official Bluebonnet City of Texas," drawing photographers and nature lovers each spring when its roadsides and fields fill with the state flower. Ennis is also home to the Texas Motorplex, a renowned drag-racing facility that hosts major motorsport events throughout the year, drawing fans from across the region.

Red Oak's appeal as a base for short-term rentals lies in its convenient blend of small-town atmosphere and big-city access. Visitors can settle into a quieter suburban setting while remaining a short drive from Dallas's major attractions, the historic streets of Waxahachie, the recreational waters of Joe Pool Lake, and the seasonal beauty of Ennis's bluebonnet trails. For travelers exploring North Texas, the city offers an affordable, well-located home base with a little of everything within reach.

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