DFW Proven AIRBNB + Heated Pool + Smart Home $478k
612 Melrose Dr, Richardson
ROI
25.40% IRR
Strategy
Short Term Rental
Located in Richardson, close to down town Dallas, Plano, Universities, and the Las Colinas medical center. This is a prime location DFW short term rental. No HOA restrictions. Selling fully furnished plus all smart home equipment conveys. You could manage this system remotely if you’d like to save the 12% management fee. Revenue in 2023 averaged $5400 per month. 2024 has had every weekend booked out and averaging $6000 per month. 4.96 stars from 48 reviews. Very low electricity bills from a $50k solar system that comes with the sale. Taxes 9484.
