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DFW Single Family Home Plus Guest House Househack $475k

531 Summit Dr, Richardson
ROI
18.51% IRR
Strategy
Short Term Rental
Located in a North Dallas Richardson neighborhood. Main home is three beds two baths and the detached guest house is one bed one bath. This can be purchased with as little as 3.5 percent down. A common strategy is living in the one bedroom unit while leasing the main house. Lease comps support about $2500 for the three bedroom and $1200 for the one bedroom.

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DFW Single Family Home Plus Guest House Househack $475k

Listed 12/15/2025

531 Summit Dr, Richardson

Purchase Price:$475,000

Cash Outlay:$128,250

Cashflow:$171/mo

Cap Rate:6.86%

IRR:18.51%

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