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Generally Investor friendly
STRs are explicitly allowed citywide with no dedicated permit; investors must register for hotel occupancy tax (7% local + 6% state), meet standard safety/occupancy rules, and file annual and monthly reports—clear and moderately burdensome rather than prohibitive.
Local STR Agent
STR specialist · Temple, TX
Temple is a mid-sized city in Bell County in central Texas, with a population of roughly 82,000 residents. Situated along the busy Interstate 35 corridor between Austin and Waco, the city sits about 65 miles south of Waco and approximately 140 miles south of the Dallas–Fort Worth metroplex, with downtown Austin just over an hour to the south. Temple carries the feel of a working regional hub rather than a tourist town, anchored by a strong medical sector that includes a major Baylor Scott & White hospital complex, a historic downtown tied to the old Santa Fe railroad, and a steady flow of visitors connected to nearby Fort Cavazos (formerly Fort Hood), one of the largest U.S. Army installations in the country.
One of the most popular outdoor draws in the area is Belton Lake, a U.S. Army Corps of Engineers reservoir located about 15 minutes west of Temple. The lake offers boating, fishing, swimming beaches, and several public parks along its shoreline, including the well-known Westcliff and McGregor parks. It serves as a year-round recreation escape for visitors and locals alike, especially during the hot Texas summers.
In the heart of the city, the Temple Railroad and Heritage Museum, housed in a restored Santa Fe depot downtown, traces the role the railroad played in building central Texas and the city itself. The museum features restored locomotives, vintage rail cars, and exhibits on local pioneer life, giving visitors a compact but rich look at the area's 19th-century origins. It is a popular stop for families and rail enthusiasts passing through the region.
A short drive southwest of Temple brings visitors to Stillhouse Hollow Lake, another Corps of Engineers reservoir tucked into the limestone hills near the town of Salado. With clear blue water, crappie and bass fishing, and quiet coves for kayaking, the lake offers a more low-key alternative to its larger neighbor. The surrounding Stillhouse Hollow Lake Park provides campgrounds, picnic areas, and trails, making it a convenient day trip or overnight escape for short-term rental guests.
Temple's appeal as a short-term rental base comes from its central location, its steady streams of medical and military travelers, and its quick access to lakes, trails, and historic small towns like Salado. The combination of practical amenities and nearby outdoor recreation makes it a versatile stopover for road-trippers exploring the I-35 corridor.