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AirDNA Data: US Texas Grand Prairie

How is Grand Prairie performing?

75

Good
Market Score

66

Investability

42

Rental Demand

27

Revenue Growth

74

Seasonality

49

Regulation

Annual Revenue

$17.3K

+3%

past year

FebAprJunAugOctDecFeb
Occupancy Rate

47%

+4%

past year

JanMarMayJulSepNov
Average Daily Rate

$222.3

+3%

past year

JanMarMayJulSepNov
Revenue per Available Rental (RevPAR)

$102.6

+6%

past year

JanMarMayJulSepNov

Grand Prairie Performance Details

Total available listings

807

+3%

past year

Listings by rental channel

Channel

Airbnb (58%)

Vrbo (9%)

Both (33%)

Listings by rental size

Bedrooms

1 Bedroom (29%)

2 Bedroom (11%)

3 Bedroom (22%)

4 Bedroom (28%)

5+ Bedroom (10%)

Rental growth in the last 12 months

Active Listings

+8%

past year

JanFebMarAprMayJunJulAugSepOctNovDec100125150175200Active Listings

Listings by annual availability

Available

1-90 nights (48%)

91-180 nights (18%)

181-270 nights (15%)

271-365 nights (19%)

Listings by rental type

Type

Entire Home (82%)

Private Room (16%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (17.8%)

Moderate (59.5%)

Strict (21.6%)

Super Strict (1.0%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (30.6%)

3 Nights (10.4%)

4-6 Nights (2.6%)

7-29 Nights (2.9%)

30+ Nights (53.4%)

What amenities do listings have?

Aircon

99%

Internet

99%

Wireless Internet

98%

Kitchen

92%

Parking

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Landing, Inc.
1414.0%1
5.00
Nabro Holdings LLC
110.0%52
4.76
MGM Properties
99.0%59
4.53
Argest Rentals
81.7%40
4.63
RSB Living
70.4%365
4.78

Occupancy

Occupancy Rate

47%

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec1.6K%2.4K%3.2K%4K%4.8K%% Booked
2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,733,923

+5%

past year

Apr: 80Aug: 30
How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$47

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$47

-7%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018
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