TX HB2910

Corporate owners (corporations, LLCs, REITs, investment funds, etc.) are prohibited from owning or holding an interest in more than 10 single-family homes in Texas that are used or offered as rental properties

The Texas Real Estate Research Center at Texas A&M University must compile annual data on corporate owners' purchases, rentals, and sales of single-family homes, including property locations, appraised values, foreclosure acquisitions, and owner contact information, with reports due to the legislature by June 1 each year starting in 2026

A free, searchable public database must be created and updated monthly to track corporate ownership of single-family rental homes statewide

Violations carry a civil penalty of $100,000 per single-family home exceeding the 10-property limit, enforceable by the attorney general, county attorneys, or district attorneys, with recovered penalties split between the state and affected municipalities or counties

Exemptions apply to government agencies, 501(c)(3) nonprofits, group home operators for people with disabilities, employers renting to employees, housing developers holding properties less than five years, and lenders holding foreclosed properties