509 Elm St Dallas, TX, 75202
1 bed β’ 2 bath β’ 3 guests
Est. $2,542/mo

Inquire about this property
Contact Agent
Airbnb Investor Score
-$26,775
Annual Profit
1.7%
Cap Rate
3.0%
Cash on Cash
$26,042
Annual Revenue
BNBCalc predicts this property will get $115 per night with 62% occupancy, putting it in the top 53% revenue percentile compared to similar properties nearby.
Top 61% of comparables
Top 31% of comparables
Seasonality
Sign up to view the full seasonality chart
10
Airbnb Comparables
Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.
$26,241
Avg annual revenue
62%
Avg occupancy rate
$115
Avg nightly rate
Any type
House
Apartment
Any min stay
Weekly min
Monthly min
Revenue per year
$10k
$25k
$35k
$50k
Sign up to see the data on 10 all comparables
$3,730
Profit
Revenue
$26,042
Operating Expenses
$17,065
Operating Income
$8,976
Mortgage & Taxes
$5,247
Profit (Cash Flow)
$3,730
$126,399
Cash Investment
Down Payment
$105,999
Renos & Furnishing
$4,500
Closing Costs
$15,900
Total
$126,399
DSCR Ratio
Weak
Get a pre-qualification letter
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
2.95%
Cap Rate
1.69%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$25,154
Deductible property tax
$5,247
Your total deduction
$58,413
Your adjusted annual income
$150,000 - $58,413 = $91,587
Taxes on $91,587 (30%)
$27,476
Your old tax bill
$45,000
Your new tax bill
$27,476
Estimated tax savings
$17,524
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
10,000 sqft
Year built:
1930
Size:
17,900 sqft
Type:
OTHER
Parking:
-
Heating:
CENTRAL
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: Neighborhood: Shopping Center, Strip Center, Enterprise Zone
- Stories: 1
- Lot size: 10,000 sqft
- Building area: 17,900 sqft
- Garage: No
- Heating: Central
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: Z21
- Land Use: Commercial
- Parcel Number: 00000100096000000
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2023
- Assessed Value: $1,859,260
- County Est. Land Value: $1,050,000
- Assessed Land Value: $1,050,000
- County Est. Structure Value: $809,260
Market Estimate: -
Sale history
Date | Sale Price | % Financed | Buyer |
---|---|---|---|
11/30/15 | $0 | 0% | 501 Elm & 211 Record Owner Lp |
12/10/12 | $0 | 0% | May Day Interests Lp |
02/27/04 | $0 | 0% | Tybee Sebago Ltd |
Invalid Date | $0 | 0% | Kathleen F Varadi |
Ownership
- Name: 501 Elm Lofts Llc
- Owner Occupied: No
- Owner Mailing Address: 6250 N River Rd Ste 2033, Rosemont, Il 60018
- Years Owned: 23
- Home Equity: -
- Mortgage Balance Remaining: $0
- Financed amount: -
- Owner Type: Investor
- Lien: No
- Inherited: No
- Foreclosure: No