Airbnb City Guide: The Best Places To Invest in Laredo, Texas

Airbnb Rules and Regulations in Laredo, Texas

As of 2024, short-term rentals in Laredo must adhere to a set of rules and regulations to operate legally. All short-term rental properties are required to obtain a permit from the City of Laredo before listing their space on the platform. Hosts must also collect and remit the applicable hotel occupancy taxes, which include a 7% state tax and a 9% city tax. Hosts are responsible for providing adequate parking, limiting occupancy based on the property's size, and enforcing quiet hours between 10 pm and 7 am to ensure guest safety and neighborhood tranquility.

Additionally, hosts must maintain their properties in compliance with local building, health, and safety codes. Failure to comply with these regulations may result in fines or the revocation of the short-term rental permit. By following these guidelines, Airbnb hosts in Laredo can provide their guests a safe and enjoyable experience while contributing to the city's thriving tourism industry.

Laredo Airbnb Market Data:

• Average Revenue – $17.6K per year $22.9K
• Average Daily Rate – $136.6 per night
• Average Occupancy Rate – 46%
• Average RevPAR – $62.5
• Average Home Prices – $207,171

1. Top Place to Invest in Laredo, Texas - Downtown

Downtown Laredo, the heart of the city, is a vibrant and historic area that offers a unique blend of culture, entertainment, and business opportunities. This bustling district is an attractive option for Airbnb investors looking to capitalize on the growing tourism industry in Laredo.

Downtown Airbnb Market Data:

• Average Revenue – $10.9K per year
• Average Daily Rate – $101.2 per night
• Average Occupancy Rate – 38%
• Average RevPAR – $39

Convenience - 8/10

Downtown Laredo is highly convenient, with easy access to public transportation, major highways, and the Laredo International Airport. The compact nature of the downtown area makes it easy for visitors to explore on foot, with many restaurants, shops, and attractions within walking distance.

Tourist Attractions - 7/10

The downtown area boasts several notable tourist attractions, including the San Agustin Plaza, the Republic of the Rio Grande Museum, and the historic La Posada Hotel. Visitors can also enjoy the monthly Art Walk, which showcases local artists and musicians.

Things to Do - 7/10

Downtown Laredo offers a variety of activities for visitors, from exploring the historic streets and architecture to enjoying live music at local venues. The area also hosts several annual festivals, such as the Washington's Birthday Celebration and the Jamboozie Music Festival. These local events draw thousands of visitors each year.

Average Home Prices - 6/10

According to Zillow data for 2024, the average home price in Downtown Laredo is $180,000, which is slightly lower than the city's overall median home price. However, home prices in the downtown area have appreciated by 3% over the past year, indicating a stable and growing market.

Proximity to Work-Related Travel - 8/10

Downtown Laredo is conveniently located near major work-related travel destinations, such as the Laredo Medical Center, the Laredo Convention Center, and the Uni-Trade Stadium, home of the Laredo Lemurs baseball team. This proximity makes the area attractive for business travelers and event attendees.

X-Factor - 7/10

What sets Downtown Laredo apart is its rich history and cultural heritage, evident in its architecture, art galleries, and local festivals. The area's unique blend of Mexican and American influences creates a one-of-a-kind atmosphere that appeals to a wide range of visitors.

2. Top Place to Invest in Laredo, Texas - Del Mar

Del Mar, a thriving neighborhood in Laredo, Texas, has emerged as an attractive destination for Airbnb investors. With its prime location, modern amenities, and growing popularity among visitors, Del Mar offers a promising opportunity for those looking to capitalize on the short-term rental market.

Del Mar Airbnb Market Data:

• Average Revenue – $18.1K per year
• Average Daily Rate – $152.1 per night
• Average Occupancy Rate – 45%
• Average RevPAR – $68.4

Convenience - 7/10

Situated in close proximity to major highways and the Laredo International Airport, Del Mar provides easy access to various parts of the city. The neighborhood features well-maintained streets, ample parking, and a range of local businesses, making it convenient for residents and visitors.

Tourist Attractions - 6/10

While Del Mar itself may not boast a large number of tourist attractions, its location allows for easy exploration of nearby points of interest. The Mall Del Norte, one of Laredo's largest shopping centers, is just a short drive away, offering visitors a variety of retail and dining options.

Things to Do - 6/10

Del Mar's appeal lies in its tranquil residential setting, which may not offer an abundance of activities but provides a relaxing atmosphere for those seeking a quiet retreat. The neighborhood features several parks and green spaces, perfect for outdoor enthusiasts and families with children.

Average Home Prices - 7/10

According to Zillow data for 2024, the average home price in Del Mar stands at $220,000, slightly higher than Laredo's overall median. However, the area has witnessed a steady appreciation rate of 4% over the past year, indicating a stable and growing real estate market.

Proximity to Work-Related Travel - 6/10

While Del Mar may not be in the immediate vicinity of major work-related travel destinations, its location along main thoroughfares ensures relatively easy access to key points of interest. The Laredo Medical Center and the Laredo Convention Center are within a 20-minute drive, making the neighborhood a viable option for business travelers.

X-Factor - 7/10

Del Mar's x-factor lies in its potential for growth and development. As Laredo continues to expand, the neighborhood is poised to benefit from increased investment and infrastructure improvements. Its modern homes, well-maintained streets, and growing popularity among families and young professionals make it attractive for Airbnb investors seeking a stable, long-term investment.

3. Top Place to Invest in Laredo, Texas - Hillside

Hillside, a charming neighborhood nestled in the heart of Laredo, Texas, has recently gained attention as a promising investment opportunity for investors looking to start an Airbnb business. This quaint residential area offers a unique blend of tranquility, convenience, and potential for growth.

Hillside Airbnb Market Data:

• Average Revenue – $19.7K per year
• Average Daily Rate – $140.4 per night
• Average Occupancy Rate – 49%
• Average RevPAR – $68.8

Convenience - 6/10

Hillside's location provides moderate convenience, with access to main roads and highways. However, the neighborhood's winding streets and hilly terrain may pose some challenges for navigation. While some local businesses and amenities are nearby, residents may need to venture further for a wider variety of options.

Tourist Attractions - 4/10

As a primarily residential area, Hillside lacks major tourist attractions within its immediate vicinity. Visitors may need to travel to other parts of Laredo to experience the city's cultural and historical offerings. However, the neighborhood's peaceful atmosphere and scenic views may appeal to those seeking a quiet retreat.

Things to Do - 5/10

Hillside offers a limited range of activities, mostly centered around outdoor recreation. The neighborhood features several small parks and green spaces, ideal for picnics, walks, and family outings. However, those seeking more diverse entertainment options may need to explore other areas of Laredo.

Average Home Prices - 7/10

According to Zillow data for 2024, the average home price in Hillside stands at $180,000, slightly below Laredo's overall median. The area has experienced a modest appreciation rate of 2% over the past year, indicating a stable, albeit slower-growing, real estate market. This may present an opportunity for investors to acquire properties at a relatively lower cost.

Proximity to Work-Related Travel - 5/10

Hillside's location may not be the most convenient for work-related travel, as it is situated further away from major business districts and key destinations such as hospitals, convention centers, and sports venues. Commute times may be longer compared to other neighborhoods in Laredo.

X-Factor - 6/10

Hillside's x-factor lies in its potential for development and its appeal to a specific niche of travelers. The neighborhood's tranquil setting and affordable housing options may attract budget-conscious visitors or those seeking a more authentic residential experience. As Laredo continues to grow, Hillside may benefit from increased investment and infrastructure improvements, making it a potential long-term play for patient investors.

4. Top Place to Invest in Laredo, Texas - Lago Del Valle

Lago Del Valle, a picturesque neighborhood situated in the heart of Laredo, Texas, has emerged as a top contender for Airbnb and short-term rental investments. This hidden gem offers a perfect blend of natural beauty, modern amenities, and a prime location that appeals to both visitors and residents alike.

Lago Del Valle Airbnb Market Data:

• Average Revenue – $19.2K per year
• Average Daily Rate – $150.2 per night
• Average Occupancy Rate – 40%
• Average RevPAR – $59.4

Convenience - 8/10

One of Lago Del Valle's greatest strengths is its convenience. The neighborhood is strategically located near major highways, ensuring easy access to various parts of the city. With a wide range of local businesses, grocery stores, and restaurants just a short drive away, guests will find everything they need for a comfortable stay.

Tourist Attractions - 6/10

While Lago Del Valle itself may not be home to major tourist attractions, its proximity to popular destinations makes it an attractive base for visitors. The nearby Lake Casa Blanca International State Park offers outdoor enthusiasts a chance to enjoy fishing, hiking, and camping, while the Mall Del Norte provides a shopping and entertainment hub just a few miles away.

Things to Do - 7/10

Lago Del Valle's serene atmosphere and well-maintained parks provide ample opportunities for outdoor activities. The neighborhood's walking trails and green spaces are perfect for morning jogs or evening strolls. For those seeking more adventure, the Max A. Mandel Municipal Golf Course is just a short drive away, offering a challenging and scenic golfing experience.

Average Home Prices - 8/10

According to Zillow data for 2024, the average home price in Lago Del Valle stands at $250,000, slightly higher than Laredo's overall median. However, the area has witnessed an impressive appreciation rate of 6% over the past year, indicating a thriving real estate market. This trend suggests that investing in Lago Del Valle could yield significant returns in the long run.

Proximity to Work-Related Travel - 7/10

Lago Del Valle's location is advantageous for work-related travel. The neighborhood is situated within a 15-minute drive of the Laredo Medical Center and the Laredo Convention Center, making it a convenient choice for business travelers and conference attendees. Additionally, the Uni-Trade Stadium, home to the Tecolotes de los Dos Laredos baseball team, is just a short drive away, attracting sports enthusiasts to the area.

X-Factor - 8/10

Lago Del Valle's unique combination of natural beauty and modern living is what sets it apart. The neighborhood's lush landscaping, tranquil lakes, and well-designed homes create an inviting atmosphere that appeals to a wide range of visitors. This x-factor, coupled with the area's growing popularity and investment potential, makes Lago Del Valle a top choice for Airbnb investors seeking a promising and visually stunning location.

5. Top Place to Invest in Laredo, Texas - El Azteca

El Azteca, a vibrant and culturally rich neighborhood in Laredo, Texas, has recently caught the attention of Airbnb and short-term rental investors. This historic area, known for its authentic Mexican charm and tight-knit community, offers a unique investment opportunity for those seeking to capitalize on Laredo's growing tourism industry.

El Azteca Airbnb Market Data:

• Average Revenue – $10.9K per year
• Average Daily Rate – $101.2 per night
• Average Occupancy Rate – 38%
• Average RevPAR – $39

Convenience - 6/10

El Azteca's location provides moderate convenience, with access to public transportation and major roads. However, the neighborhood's narrow streets and limited parking options may pose some challenges for visitors. While several local businesses and restaurants are within walking distance, guests may need to venture further for a wider variety of amenities.

Tourist Attractions - 7/10

El Azteca boasts a handful of notable tourist attractions, including the historic San Agustin Cathedral and the Republic of the Rio Grande Museum. The neighborhood's colorful murals and traditional architecture also draw visitors seeking an authentic cultural experience. However, the area may not have the same broad appeal as some of Laredo's more well-known destinations.

Things to Do - 6/10

El Azteca offers a range of activities centered around its rich cultural heritage. Visitors can explore the neighborhood's art galleries, attend live music performances at local venues, or participate in community events such as the monthly Art Walk. However, those seeking more diverse entertainment options may need to venture beyond the neighborhood's boundaries.

Average Home Prices - 5/10

According to Zillow data for 2024, the average home price in El Azteca stands at $120,000, significantly lower than Laredo's overall median. The area has experienced a slight depreciation rate of 1% over the past year, indicating a slower-growing real estate market. While this may present an opportunity for investors to acquire properties at a lower cost, it also suggests a potentially higher risk and lower appreciation potential.

Proximity to Work-Related Travel - 5/10

El Azteca's location may not be the most convenient for work-related travel, as it is situated further away from major business districts and key destinations such as hospitals, convention centers, and sports venues. Commute times may be longer compared to other neighborhoods in Laredo, which could be a drawback for business travelers.

X-Factor - 7/10

El Azteca's x-factor lies in its unique cultural identity and strong sense of community. The neighborhood's authentic Mexican atmosphere, vibrant art scene, and friendly locals create a one-of-a-kind experience for visitors seeking a more immersive stay. This niche appeal, combined with the area's affordable housing options, may attract a specific segment of travelers looking for a genuine taste of Laredo's rich heritage.