Grapevine - Colleyville - Southlake | March 2024

From the cover

Restrictions pose challenges for short-term rental owners

What’s happening?

LONG PRAIRIE RD.

Active rentals

LAKE GRAPEVINE

Apartments or condos Houses, single-family homes

121

Grapevine’s ordinance took effect Jan. 16. It requires applicants to pay the annual permitting fee, restrict operations to apartments and limit operations to no more than 180 days per year. “Short-term rentals have never been allowed in single-family neighborhoods in the city because they are wholly incompatible with their neighbors,” City Attorney Matthew Boyle said in an email. Grapevine projections show the city making more than $10.3 million this fiscal year in hotel occupancy taxes. The city does not expect to collect any of these taxes from short-term rentals, nor is the city interested in that money, Boyle said. John Perrault, a short-term rental operator, said he thought the regulations on single-family homes were unfair compared to nearby cities that allow them with permits. “I have no problem with a permit fee, no problem with any ordinances ... as long as it’s fair,” Perrault said at the Jan. 16 meeting.

114

84* number of active rentals *AS OF DECEMBER 2023

Southlake

26

635

SOUTHLAKE BLVD.

Types of listings:

114

Colleyville

121

84% entire home

16% private room

Grapevine

360

HALL-JOHNSON RD.

COLLEYVILLE BLVD.

97

GLADE RD.

N

SOURCE: AIRDNA/COMMUNITY IMPACT

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