Off-Market Property at 2901 Teakwood Cir, Plano, TX, 75075
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2901 Teakwood Cir, Plano, TX, 75075

$520,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $330 per day and long-term for an average of $7,632 per month, based on similar listings in the area. Estimated short-term cap rate of 6.5%. Estimated long-term cap rate of 9.6%. FHA buyers may qualify for down payment assistance!! For more info, please message agent. *plumbing replaced!! *foundation work done!! *Partial new flooring! OH. MY. GOSH!! This unique home is a subdivision unicorn. FIVE bedrooms, three of which are downstairs, THREE full baths AND a third acre lot?? no way! Every room is filled with natural light thanks to the large windows and skylights. All of the bedrooms are oversized. The primary bath has an amazing double shower and the light and bright kitchen has a large eat in area so you can use the formal dining room as a great flex room if you like! With 3 bedrooms and 2 full baths downstairs, it works well for anyone with difficulty using the stairs. The yard is HUGE. Room for lots of activities, equipment or a pool. Plenty of updates in the past few years. Space space space!!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$8290
Bedrooms
5
Bathrooms
3
SQFT
2,414
Furnished
unknown
Year built
1975
Listing Status
Off Market
MLS
20586992

Short-term Rental Potential
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$75,072

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$215

Price/SQFT

Long-term Rental Potential
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$91,584

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$7,632/mo

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