Allen Active Airbnb OR LTR Pool Home | $420K

902 N Allen Heights Dr, Allen

ROI

18.88% IRR

Strategy

Short Term Rental

At $248/night and 75% occupancy, this points to roughly $68K/year in gross STR revenue, with many STR comps showing upside above that. The location is exceptional with highly rated schools and low crime. Very aggressive appreciation projected in this north Dallas / Plano corridor. PLUS the property will still cash flow positive if you decide to convert to a long term rental. LTRs in this area average $2600 for a 3 bed 2 bath 1800 sqft home with pool. No HOA. Allen has favorable STR regulations. New roof 2025. The property has never before hit the market, it’s being sold by the original owner. Multiple strategies work here. It’s going to receive multiple offers. I suggest going in at $420k and including furniture. Let me know questions!

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Allen Active Airbnb OR LTR Pool Home | $420K

Listed 07/07/2026

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902 N Allen Heights Dr, Allen

Purchase Price:$420,000

Cash Outlay:$113,400

Cashflow:$488/mo

Cap Rate:7.23%

IRR:18.88%

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