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Airbnb Corpus Christi, Texas: Market Data, Laws & Investor Guide
Written by:
Jeremy Werden
August 22, 2024
⚡️
Reveal your property's rental profitability
Buy this property and list it on Airbnb.
Corpus Christi, Texas is an ideal location to launch a thriving Airbnb business in 2024. This vibrant coastal city offers a perfect blend of stunning beaches, rich history, and exciting attractions that draw in visitors from around the world. In recent years, Corpus Christi has experienced a surge in tourism, with over 10 million visitors in 2022 alone, generating an impressive $1.5 billion in economic impact.
As the travel industry continues to rebound post-pandemic, short-term rentals are poised for explosive growth. Airbnb's success story exemplifies the power of this business model, with the company revolutionizing the hospitality industry and achieving a staggering $84.56 billion valuation. By leveraging a programmatic SEO strategy, Airbnb was able to drive organic traffic, improve search rankings, and dominate the market.
Corpus Christi's unique appeal lies in its diverse offerings for travelers. From the pristine shores of Padre Island to the USS Lexington Museum, there's something for everyone. The city's temperate climate, with an average of 255 sunny days per year, makes it a year-round destination. Moreover, Corpus Christi's affordability compared to other coastal cities in Texas positions it as an attractive option for budget-conscious travelers.
Airbnb hosts in Corpus Christi can capitalize on this growing demand for authentic, localized experiences. By providing well-appointed accommodations that showcase the city's charm and character, hosts can attract a steady stream of guests and generate substantial income. With the right marketing strategy and a focus on delivering exceptional guest experiences, starting an Airbnb business in Corpus Christi, Texas in 2024 presents a lucrative opportunity for entrepreneurs looking to tap into the booming short-term rental market.
Corpus Christi Short-Term Rental Market Analysis
Corpus Christi's short-term rental market has experienced steady growth over the past two years. Here's a detailed analysis of the city's Airbnb market:
Occupancy Rate, Nightly Rate, and Seasonality:
- In 2024, the average occupancy rate for short-term rentals in Corpus Christi is 55%, with an average daily rate of $142.6 per night.
- The city experiences a peak in bookings during the summer months, particularly in July and August, due to its coastal location and popularity as a beach destination.
- According to AirDNA, the average yearly revenue for Airbnb hosts in Corpus Christi was $28,600 in 2024.
Market Growth and Tourism Industry:
- Corpus Christi's short-term rental market grew by 24% year-over-year, with 2,140 listings in 2024 compared to 1,722 in 2020.
- The city's tourism industry has seen a significant increase, with over 10.61 million visitors annually, contributing more than $1.5 billion to the local economy.
- Tourism is the second-largest industry sector in Corpus Christi, employing more than 24,000 people and generating 26% of the city's sales tax collections.
Key Events and Festivals:
- Barefoot Mardi Gras (February)
- CC Songwriter's Festival (February)
- Buc Days Parade & Carnival (April)
- The Birdiest Festival in America (April)
- Texas Sandfest (April)
- Texas Jazz Festival (October)
- Surftoberfest (October)
- Dia De Los Muertos (November)
Booking Durations and Mid-Term Rental Market:
- The majority of Airbnb listings in Corpus Christi (63.7%) have a minimum stay of 2 nights, while 25.3% of listings require a minimum stay of 30+ nights.
- The mid-term rental market in Corpus Christi is growing, with 22% of listings available for 271-365 nights per year.
- Hosts on Airbnb forums have reported an increase in demand for monthly rentals, particularly from remote workers and long-term travelers seeking a coastal getaway.
In conclusion, Corpus Christi's short-term rental market is thriving, driven by the city's growing tourism industry and popularity as a beach destination. With a diverse range of events and festivals throughout the year, coupled with an increasing demand for mid-term rentals, Corpus Christi presents a promising opportunity for Airbnb hosts and investors in 2024.
Best Neighborhoods in Corpus Christi for an Airbnb Business
When searching for the ideal location to start an Airbnb in Corpus Christi, hosts should consider factors such as proximity to popular attractions, up-and-coming areas, and tourist hotspots. Here are the top 5 neighborhoods in Corpus Christi for launching a successful Airbnb business:
1. Mustang-Padre Island
Mustang-Padre Island is a prime location for Airbnb hosts due to its stunning beaches and popular tourist attractions. This area offers a perfect blend of natural beauty and modern amenities.
- Average Occupancy Rate: 58%
- Average Daily Rate: $171
- Estimated Annual Revenue: $36,200
Housing Prices:
- Median Home Value (Single-Family): $375,000
- Best ROI: 2-3 bedroom properties
2. Bay Area
The Bay Area neighborhood boasts stunning views of Corpus Christi Bay and easy access to the city's main attractions. Its convenient location and thriving community make it an attractive choice for Airbnb investors.
- Average Occupancy Rate: 54%
- Average Daily Rate: $136
- Estimated Annual Revenue: $26,800
Housing Prices:
- Median Home Value (Single-Family): $325,000
- Best ROI: 2-4 bedroom properties
3. Southside
Southside is a rapidly growing area with modern amenities, excellent schools, and proximity to major attractions. This neighborhood presents a promising opportunity for Airbnb hosts.
- Average Occupancy Rate: 73%
- Average Daily Rate: $90
- Estimated Annual Revenue: $24,000
Housing Prices:
- Median Home Value (Single-Family): $375,000
- Best ROI: 3-4 bedroom properties
4. Downtown Corpus Christi
Downtown Corpus Christi offers a vibrant atmosphere with easy access to restaurants, shops, and entertainment venues. Its central location makes it an ideal spot for Airbnb hosts targeting business travelers and tourists alike.
- Average Occupancy Rate: 62%
- Average Daily Rate: $105
- Estimated Annual Revenue: $23,800
Housing Prices:
- Median Home Value (Condo): $225,000
- Best ROI: 1-2 bedroom properties
5. Flour Bluff
Flour Bluff is a family-friendly neighborhood known for its affordable homes and excellent schools. Its proximity to the Padre Island National Seashore makes it an attractive option for Airbnb hosts.
- Average Occupancy Rate: 56%
- Average Daily Rate: $95
- Estimated Annual Revenue: $19,400
Housing Prices:
- Median Home Value (Single-Family): $275,000
- Best ROI: 2-3 bedroom properties
When choosing the best neighborhood for your Airbnb business in Corpus Christi, consider your target audience, budget, and investment goals. By analyzing the Airbnb market data and housing prices in each area, you can make an informed decision that maximizes your return on investment.
Maximizing Your Revenue Through In-Demand Amenities and Properties in Corpus Christi
To set competitive prices for your Airbnb listing in Corpus Christi, consider factors such as location, property type, amenities, seasonality, and market demand. Analyze your competitors' rates and adjust your pricing accordingly. During peak seasons like summer and holidays, you can increase your rates to maximize revenue. Conversely, during low seasons, offering discounts can help attract guests and maintain occupancy.
Based on an analysis of top-performing Airbnb listings in Corpus Christi, the following amenities and features are highly sought-after by guests:
- Beachfront or water views
- Outdoor spaces (balconies, patios, or decks)
- Pool access (shared or private)
- Hot tub or jacuzzi
- Fully-equipped kitchen with modern appliances
- High-speed internet and smart TVs
- Game room or entertainment options
- Beach gear (chairs, umbrellas, toys)
- Pet-friendly accommodations
- Unique decor or themed rooms
Incorporating these amenities into your Airbnb listing can help you stand out from the competition and attract more bookings. Additionally, providing exceptional guest experiences through thoughtful touches like welcome baskets, local recommendations, and prompt communication can lead to positive reviews and increased visibility on the platform.
In Corpus Christi, the most popular property types for short-term rentals are:
Condos:
- 1-bedroom: Average property price $225,000; Potential annual revenue $21,000
- 2-bedroom: Average property price $325,000; Potential annual revenue $32,000
- 3-bedroom: Average property price $450,000; Potential annual revenue $48,000
Townhouses:
- 2-bedroom: Average property price $275,000; Potential annual revenue $23,000
- 3-bedroom: Average property price $375,000; Potential annual revenue $36,000
- 4-bedroom: Average property price $475,000; Potential annual revenue $52,000
Single-Family Homes:
- 2-bedroom: Average property price $325,000; Potential annual revenue $28,000
- 3-bedroom: Average property price $425,000; Potential annual revenue $42,000
- 4-bedroom: Average property price $550,000; Potential annual revenue $60,000
These figures are based on recent market trends and data from the past few years. It's important to note that actual property prices and revenue potential may vary depending on factors such as location, condition, and seasonality.
By investing in a well-located property, incorporating in-demand amenities, and implementing a dynamic pricing strategy, Airbnb hosts in Corpus Christi can maximize their revenue and achieve long-term success in the short-term rental market.
Understanding Corpus Christi Short-Term Rental Regulations
Corpus Christi, Texas has implemented regulations for short-term rentals to balance the interests of property owners, guests, and the community. STRs are allowed in multifamily and commercial zoned areas of Padre/Mustang Island and Flour Bluff, with restrictions in single-family residential districts citywide, excluding the Padre/Mustang Island Area Development Plan area.
All STR owners and operators must apply for a registration permit annually, providing details such as owner information, floor plans, and a local contact person. The registration fee is $50 through the end of 2022 and will increase to $250 starting January 1, 2023. STR owners must also collect and remit a 7% local hotel occupancy tax quarterly.
Specific rules for STRs in Corpus Christi include a 15% limit on the number of non-owner-occupied vacation rentals on one side of a block, with exceptions available. All vacation rentals must display their permit number in advertisements. The city actively enforces these rules, with code enforcement officers and a complaint-based system to identify and address non-compliant properties.
To start an STR business in Corpus Christi, owners must familiarize themselves with the city's zoning code, planning code, and ordinances, determine if their property is in a suitable zoning district, apply for a registration permit, provide required documents, collect and remit taxes, and comply with all local regulations.
Read our full STR regulations guide for more detailed information about Corpus Christi short-term rental regulations, including insights from local hosts and a closer look at other policies.
Keys to Success as a Corpus Christi Airbnb Host
Launching a successful Airbnb business in Corpus Christi requires a combination of strategic planning, attention to detail, and a commitment to providing exceptional guest experiences. By understanding the local market, incorporating in-demand amenities, and adhering to regulations, hosts can position themselves for long-term success in this thriving coastal city.
Popular Amenities and Design Themes in Corpus Christi
To attract guests and stand out from the competition, consider incorporating the following popular amenities and design themes in your Corpus Christi Airbnb:
- Coastal-inspired decor with a focus on blues, whites, and natural textures
- Outdoor living spaces, such as patios or balconies with comfortable seating and ocean views
- Beach gear, including chairs, umbrellas, and toys for guest use
- Pool or hot tub access, either private or shared
- Pet-friendly accommodations to cater to travelers with furry companions
- Smart home technology, such as keyless entry and voice-controlled devices
How to Attract Corpus Christi Customers
To attract customers to your Corpus Christi Airbnb, implement the following strategies:
- Optimize your listing with high-quality photos, detailed descriptions, and competitive pricing
- Highlight your property's unique selling points, such as proximity to the beach or popular attractions
- Offer special packages or discounts during off-peak seasons to maintain occupancy
- Engage with potential guests promptly and professionally to build trust and credibility
- Encourage satisfied guests to leave positive reviews to improve your listing's visibility and appeal
Potential Challenges and Guidelines for Success
While operating an Airbnb in Corpus Christi can be rewarding, hosts should be aware of potential challenges and follow guidelines for success:
- Seasonality: Corpus Christi experiences peak demand during the summer months and holidays. Hosts should adjust their pricing and marketing strategies accordingly to maximize revenue during high seasons and maintain occupancy during slower periods.
- Regulations: Ensure compliance with all local short-term rental regulations, including registration, permits, and tax collection. Failure to adhere to these rules can result in fines or legal consequences.
- Maintenance and Cleaning: Maintain a high standard of cleanliness and perform regular maintenance to keep your property in top condition. Consider hiring a professional cleaning service to ensure consistency and save time.
- Guest Communication: Respond promptly to guest inquiries, provide clear check-in instructions, and be available to address any concerns during their stay. Effective communication is key to positive guest experiences and reviews.
- Noise and Neighborhood Relations: Be mindful of noise levels and parking to maintain good relationships with neighbors. Establish clear house rules and communicate them to guests to minimize disturbances.
By focusing on these key areas and learning from the experiences of successful Corpus Christi Airbnb hosts, you can navigate the challenges and build a thriving short-term rental business in this beautiful coastal city.
Using BNBCalc to Find Profitable Properties in Corpus Christi, Texas
BNBCalc is a powerful tool that can help aspiring Airbnb business owners find and analyze profitable properties in Corpus Christi, Texas. By leveraging the platform's data-driven insights and user-friendly interface, investors can make informed decisions and maximize their returns in this thriving coastal city.
Analyze Properties Using BNBCalc
To analyze potential Airbnb properties in Corpus Christi, simply enter the address or zip code into BNBCalc's search bar. The platform will provide detailed information on the property's estimated revenue, occupancy rates, and expenses, allowing you to quickly assess its profitability.
Benchmark Comparable Rentals
BNBCalc enables users to compare their potential property with nearby rentals in the area. By analyzing the performance of similar listings, you can gain valuable insights into pricing strategies, amenities, and design trends that can help you fetch top dollar for your Airbnb.
Determine The Right Price and Property Size
Using BNBCalc's advanced analytics, you can determine the optimal number of bedrooms, bathrooms, and purchase price to maximize your revenue potential. The platform takes into account factors such as location, seasonality, and market demand to provide accurate recommendations tailored to your specific property.
Make an Offer
Once you've identified a promising property based on BNBCalc's returns analysis, it's time to make an offer. BNBCalc has partnered with STR lenders like Brian Bockholdt at Alliant Credit Union to help investors get prequalified for the lowest rates, making the purchasing process smoother and more affordable.
Use Our Tax Calculator
BNBCalc's built-in tax calculator can help you determine potential tax deductions from bonus depreciation, ensuring that you maximize your savings and keep more of your hard-earned profits. Simply input your property's details, and the platform will provide an estimate of your eligible deductions.
Come Up With a Buy Box
When creating a buy box for your Corpus Christi Airbnb investment, consider the following qualities:
Location: Focus on properties in popular neighborhoods with easy access to beaches, attractions, and amenities.
Property Type: Identify the most profitable property types in Corpus Christi, such as condos, townhouses, apartments, or single-family homes.
Bedroom and Bathroom Count: Determine the optimal number of bedrooms and bathrooms based on market demand and revenue potential.
Amenities: Look for properties with in-demand amenities like pools, hot tubs, and outdoor living spaces.
Price Point: Set a target purchase price that allows for a healthy return on investment based on BNBCalc's analysis.
By incorporating these qualities into your buy box, you can streamline your property search and focus on investments that are most likely to generate substantial returns in the Corpus Christi market.
Ready to start your Airbnb journey in Corpus Christi? Use BNBCalc to analyze potential properties and make informed investment decisions. Our powerful tool provides comprehensive data to help you maximize your profits. Check out this pre-analyzed Corpus Christi Airbnb opportunity and see how BNBCalc can help you succeed in the short-term rental market. Visit BNBCalc.com today and take the first step towards building your Airbnb business.
⚡️
Reveal your property's rental profitability
Buy this property and list it on Airbnb.