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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.

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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%

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