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

Premiere 10 Bedroom Househack Deal in Plano $695k

2808 Clear Springs Dr, Plano
ROI
49.71% IRR
Strategy
Long Term Rental
Located in highly desirable Plano. Each side is a 5-bedroom unit with almost 2000 sqft and 3.5 baths. Long term lease comps support $2600 per door so this will work as a long-term rental but I HIGHLY suggest a househacker purchase this, live in one bedroom, then rent out the other 9 bedrooms for $750-$950 each. You can live for free while cash flowing in a great location north of Dallas. This one will move quickly. There is already one offer on the table, we'll have to submit something asap. Roof is 7 years old. Foundation leveled in 2021. Taxes $10471.

Enter your email to download the proforma

< Back to Daily Deals

Premiere 10 Bedroom Househack Deal in Plano $695k

Listed 12/06/2024

2808 Clear Springs Dr, Plano

Purchase Price:$695,000

Cash Outlay:$187,650

Cashflow:$1,405/mo

Cap Rate:10.06%

IRR:49.71%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

Off-Market STR AirBnB Compound Producing $175k | $890k

20122 Canterbury Rd, Porter

Purchase Price:$890,000

Cash Outlay:$240,300

Cashflow:$3,309/mo

Cap Rate:10.30%

IRR:32.46%

Long Term Rental

Houston MSA Duplex Nearly 10% Cash-on-Cash | $591K

1762 E Peach Creek Dr, Dayton

Purchase Price:$591,000

Cash Outlay:$159,570

Cashflow:$1,191/mo

Cap Rate:7.25%

IRR:21.92%

Long Term Rental

DFW Duplex: Retail Buyers Pay $699K, SRC Clients Pay | $655K

6802-6804 Florence Dr, Midlothian

Purchase Price:$695,000

Cash Outlay:$187,650

Cashflow:$779/mo

Cap Rate:6.18%

IRR:16.56%

Mid Term Rental

North Dallas STR With $80K+ Proven Revenue | $490K

4219 Bendwood Ln, Dallas

Purchase Price:$490,000

Cash Outlay:$132,300

Cashflow:$351/mo

Cap Rate:6.70%

IRR:15.01%

Short Term Rental

Northwest Austin Quad 100% Occupied | $630K

1903 W Loop, Austin

Purchase Price:$630,000

Cash Outlay:$170,100

Cashflow:$619/mo

Cap Rate:7.02%

IRR:16.55%

Long Term Rental

Plano 5-Unit in a Premier Submarket | $950K

1607 M Ave, Plano

Purchase Price:$950,000

Cash Outlay:$256,500

Cashflow:$231/mo

Cap Rate:6.13%

IRR:12.25%