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Dallas Short Term Rental House + ADU $600k

1606 W 12th St, Dallas
ROI
22.29% IRR
Strategy
Short Term Rental
This is a single family home + guest house on the same lot in a desirable location close to downtown Dallas and the Bishop Arts district. It is being used as a full-time short term rental and pulled $81,000 in revenue in 2024 ($57k from the main house and $24k from the guest house). This is an excellent option for anyone looking to househack. Live in one unit and lease the main home to offset your living expense. All furnishings convey with the sale. Taxes $12,070.

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Dallas Short Term Rental House + ADU $600k

Listed 04/15/2025

1606 W 12th St, Dallas

Purchase Price:$600,000

Cash Outlay:$162,000

Cashflow:$1,182/mo

Cap Rate:8.20%

IRR:22.29%

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