FREE book: The Book on Texas Real Estate Investing — download now

Dallas RARE Quadplex for LTR MTR STR – $750k

217 Shrum Ct, Irving
ROI
12.63% IRR
Strategy
Short Term Rental
Located in Irving, a market that has been a consistent winner for utilitarian-style short-term rentals, furnished mid-term stays, and long-term rental plays. This property offers multiple leasing strategies, strong tenant draws nearby, and a fully turnkey condition. I suggest risk-averse Airbng investors jump on this. Start your airbnb operation in 1 of the units, knowing you can always convert to a cashflowing LTR model. If you like 1 unit, convert another LTR unit to STR, and so on. Short-term rental upside with the security of long-term cash flow. LTR comps support $1550 per door. If a DFW quadplex is on your radar, this is one to move on. Taxes $15963.

Enter your email to download the proforma

< Back to Daily Deals

Dallas RARE Quadplex for LTR MTR STR – $750k

Listed 06/17/2025

217 Shrum Ct, Irving

Purchase Price:$750,000

Cash Outlay:$202,500

Cashflow:$231/mo

Cap Rate:6.21%

IRR:12.63%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Dallas 1% Rule SFR Motivated Seller | $235K

3807 Alsbury St, Dallas

Purchase Price:$235,000

Cash Outlay:$63,450

Cashflow:$591/mo

Cap Rate:8.86%

IRR:25.47%

Long Term Rental

Fort Worth Rental Leased at $2,850/mo | $289,500

208 Dakota Ridge Dr, Fort Worth

Purchase Price:$289,500

Cash Outlay:$78,165

Cashflow:$707/mo

Cap Rate:8.87%

IRR:15.66%

Long Term Rental

Killeen Fourplex Hitting 1% Rule | $340K

1501 Benttree Dr, Killeen

Purchase Price:$340,000

Cash Outlay:$91,800

Long Term Rental

2022 Converse Duplex $3,400/mo Rental Income | $375K

8635 Key Windy Way, Converse

Purchase Price:$375,000

Cash Outlay:$101,250

Cashflow:$160/mo

Cap Rate:6.35%

IRR:11.75%

Long Term Rental

Garland PadSplit Producing $4,500-$5,000/mo | $389K

101 S Bernice Dr, Garland

Purchase Price:$389,000

Cash Outlay:$105,030

Long Term Rental

Houston Fourplex $65K Below Appraisal | $429,900

5209 Plum Dr, Houston

Purchase Price:$430,000

Cash Outlay:$116,100

Cashflow:$1,130/mo

Cap Rate:8.99%

IRR:16.85%