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AirDNA Data: US Texas Grand Prairie

How is Grand Prairie performing?

72

Good
Market Score

63

Investability

42

Rental Demand

36

Revenue Growth

72

Seasonality

39

Regulation

Annual Revenue

$17.9K

+3%

past year

Occupancy Rate

48%

+4%

past year

Average Daily Rate

$223.1

+3%

past year

Revenue per Available Rental (RevPAR)

$103.7

+6%

past year

Grand Prairie Performance Details

Total available listings

774

+3%

past year

Listings by rental channel

Channel

Airbnb (58%)

Vrbo (10%)

Both (33%)

Listings by rental size

Bedrooms

1 Bedroom (29%)

2 Bedroom (11%)

3 Bedroom (22%)

4 Bedroom (27%)

5+ Bedroom (11%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (44%)

91-180 nights (23%)

181-270 nights (14%)

271-365 nights (19%)

Listings by rental type

Type

Entire Home (83%)

Private Room (17%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (17.0%)

Moderate (59.4%)

Strict (22.3%)

Super Strict (1.3%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (29.7%)

3 Nights (10.3%)

4-6 Nights (4.7%)

7-29 Nights (3.9%)

30+ Nights (51.4%)

What amenities do listings have?

Aircon

99%

Internet

98%

Wireless Internet

97%

Kitchen

92%

Parking

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Nabro Holdings LLC
110.0%47
4.73
MGM Properties
99.0%37
4.48
RSB Living
70.8%336
4.76
Argest Rentals
60.5%20
4.84
Evolve
60.2%58
4.41

Occupancy

Occupancy Rate

48%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,792,803

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$48

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$48

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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