Dripping Springs & Driftwood Market Overview

As of 2024, Dripping Springs & Driftwood is home to 830+ short-term rental properties. We have conducted a thorough analysis of the earnings from the below property types. Here, we present the potential earnings and occupancy rates, categorized by the number of bedrooms. Potential revenue Is assuming optimal design and hosting strategies are employed.

Average Occupancy

Average Annual Revenue

Potential Annual Revenue

Vacasa

I Love Dripping Springs

GuestSpaces

Hill Country Premiere

Upstay

French Cowboys

Hills of Texas

Cozi

AvantStay

Above Vacation

4 bedroom

71%

$126K

$159K

5 bedroom

52%

$114K

$133K

Guest reviews are crucial for a property's success, impacting rankings, bookings, and revenue. Negative feedback can significantly harm a property's reputation and discourage potential guests. Larger management companies often receive below-average reviews due to their inability to provide the personalized service that smaller, boutique firms can offer. In short-term rentals, any average review below 4.8 is deemed poor, and such ratings prevent hosts from achieving Superhost status and appearing at the top of search results. Our analysis of the Wimberley market shows that the largest companies tend to have the lowest ratings and are known for poor guest experiences.

Average Guest Review

4.5

4.85

4.76

4.6

4.47

4.87

4.71

4.83

4.73

4.8

6 bedroom

47%

$145K

$172K

7 bedroom

62%

$220K

$220K


Lost Revenue

-40%

-21%

-15%

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Dripping Springs & Driftwood Market Overview

As of 2024, Dripping Springs & Driftwood are home to 830+ short-term rental properties. We have conducted a thorough analysis of the earnings from the below property types. Here, we present the potential earnings and occupancy rates, categorized by the number of bedrooms. Potential revenue Is assuming optimal design and hosting strategies are employed.

Average Occupancy

6 bedroom

47%

Average Annual Revenue

6 bedroom

$114K

7 bedroom

$133K

Ave Guest Review

4.71

Lost Revenue

N/A

Ave Guest Review

4.73

71%

4 bedroom

52%

5 bedroom

62%

7 bedroom

$126K

4 bedroom

Potential Annual Revenue

$145K

4 bedroom

$229K

6 bedroom


Guest reviews are crucial for a property's success, impacting rankings, bookings, and revenue. Negative feedback can significantly harm a property's reputation and discourage potential guests. Larger management companies often receive below-average reviews due to their inability to provide the personalized service that smaller, boutique firms can offer. In short-term rentals, any average review below 4.8 is deemed poor, and such ratings prevent hosts from achieving Superhost status and appearing at the top of search results. Our analysis of the Wimberley market shows that the largest companies tend to have the lowest ratings and are known for poor guest experiences.

Vacasa

Ave Guest Review

4.5

Ave Guest Review

4.83

Ave Guest Review

4.83

-40%

Lost Revenue

I Love Dripping Springs

Ave Guest Review

4.85

Lost Revenue

-21%

GuestSpaces

Ave Guest Review

4.76

Lost Revenue

-15%

Hill country Premiere

Ave Guest Review

4.6

Lost Revenue

N/A

$159K

5 bedroom

$220K

7 bedroom

Upstay

Ave Guest Review

4.47

Lost Revenue

N/A

French Cowboys

Ave Guest Review

4.87

Hills of Texas

Lost Revenue

N/A

Lost Revenue

N/A

Lost Revenue

N/A

$172K

5 bedroom

N/A

Lost Revenue

Cozi

AvantStay

Above Vacation