Rice, TX

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

368 / 940

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$29,969

Middle-Earners Revenue

Occupancy

67%

Middle-Earners Occupancy

Home Value

$300,919

Median Home Sale Price

Top Earners

$63,061

Top-Earners Revenue

Rice

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Rice.

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A

Very Investor friendly

Rice Regulations

STRs are implicitly allowed citywide with minimal regulatory burden - no specific city ordinances restrict operations beyond standard Texas state tax registration requirements. The process involves only basic Hotel Occupancy Tax registration with the Texas Comptroller and potentially county-level business licensing, with no caps, inspections, or complex permitting requirements. This hands-off approach by the city creates a very investor-friendly environment with low compliance costs and clear legal permissibility.

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About Rice

Rice is a small, quiet city in Navarro County, Texas, home to roughly 900 residents. Tucked into the rolling Blackland Prairie of central Texas, the community has a relaxed rural character and serves as a convenient gateway to one of the region's largest lakes. It sits approximately 50 miles south of Dallas and about 15 miles east of Corsicana, the county seat, making it an easy drive from the DFW metroplex while still feeling comfortably removed from urban congestion.

Just minutes west of Rice, Richland-Chambers Reservoir spreads across the Navarro and Freestone county line as one of the largest inland bodies of water in Texas. The lake is well known for its fishing — particularly white bass, crappie, and catfish — and for boating, swimming, and lakeside camping at several public parks. For visitors and property owners, the reservoir anchors the area's outdoor recreation economy, drawing weekend anglers, water-sports enthusiasts, and families looking for an accessible escape from the metroplex.

About 15 miles to the west, the city of Corsicana offers a more developed slice of small-town Texas, with a walkable historic downtown, antique shops, restaurants, and the Navarro County Courthouse anchoring the square. The town is also home to the Pearce Museum at Navarro College, which preserves Western art and Civil War history, and serves as the commercial and cultural hub of the surrounding rural communities. Day-to-day conveniences and a wider dining scene make Corsicana the natural complement to a stay in Rice.

The wider region between Dallas and Houston offers additional day-trip potential. The town of Ennis, roughly 30 miles to the north, hosts the Texas Motorplex, a quarter-mile drag-racing facility that draws spectators for major national events each spring and fall. The surrounding countryside also features the rolling pastures and wildflower country that define this stretch of the Blackland Prairie, with backroads popular among cyclists and casual scenic drivers in spring.

For short-term rental owners, Rice's appeal lies in its combination of affordability, proximity to the Dallas-Fort Worth market, and direct access to Richland-Chambers Reservoir. Visitors who want a lake-focused getaway without the higher prices of established resort towns often find the area a smart base, and the steady calendar of events in nearby Corsicana and at the Texas Motorplex helps fill weekends year-round. The result is a small but well-positioned community whose rural character and water-centered recreation make it a natural fit for owners looking to serve the DFW weekend and holiday travel market.

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