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Richardson STR Projecting $95K Gross Income | $510K

1613 E Spring Valley Rd, Richardson
ROI
24.50% IRR
Strategy
Short Term Rental
This did $96K gross in 2024, $81K in 2025, and is projected around $95K in 2026. It is already professionally managed by Gold Nest and set up for large groups, families, and medium-term corporate stays. The pool, remodeled interior, furniture package, and 5-bedroom layout, plus proven revenue history make this a low risk STR deal perfect for a. first time STR investor to get into a turnkey operation. Great tax strategy play for taking advantage of the STR loophole and accelerated depreciation.

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Richardson STR Projecting $95K Gross Income | $510K

Updated Today

1613 E Spring Valley Rd, Richardson

Purchase Price:$510,000

Cash Outlay:$137,700

Cashflow:$854/mo

Cap Rate:7.85%

IRR:24.50%

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