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4527 Capitol Ave, Dallas, Texas, 75204
$
2700
Bedrooms
3
Utilities Included
No
Bathrooms
2
Furnished
No
Available to Lease on
TBD
Property Type
Single Family
SQFT
1386
Key metrics
Rent
$
2700
Monthly Estimated Profit?
$
1807
Annual Estimated Profit?
$
21682
Acquisition Fee
$
2500
Security Deposit
$
TBD
Average Daily Rate
$
246
Occupancy
60
Annual Revenue
$
54082
Key Features

This charming 3-bedroom, 2-bathroom home is perfectly suited for corporate housing, offering flexible leasing options including Airbnb or corporate leasing. Located in the desirable Knox Henderson area, it provides easy access to Lower Greenville, Knox-Henderson, and Uptown, making it ideal for professionals seeking convenience and comfort. The property is just minutes away from a variety of dining, shopping, and entertainment options, ensuring a vibrant lifestyle for its residents.

The home features original hardwood floors throughout, a spacious living area, and an updated kitchen. With a fully fenced backyard and patio, it offers a relaxing outdoor space. The property includes a large detached two-car garage and an extended driveway for ample parking. The secure gated front entry with dual doors enhances privacy and convenience. Additionally, the inclusion of a washer, dryer, and refrigerator adds to the property's appeal for long-term stays.

Property Features

• 3 Bedrooms / 2 Bathrooms: A comfortable layout with ample space for living and working.
• In Unit Laundry: Washer and dryer included for convenience.
• Updated Kitchen: Modern amenities for easy meal preparation.
• Secure Entry: Gated front entry with dual doors for added privacy.
• Ample Parking: Detached two-car garage and extended driveway.

STR Regulations Summary:  

Status:
Mixed

View Regulations Here

As of February 2025, Dallas is not actively enforcing its short-term rental (STR) regulations for non-owner occupied properties due to ongoing legal challenges. Here's the current situation:

  1. The Dallas City Council passed ordinances in June 2023 that effectively banned STRs in single-family neighborhoods and imposed strict regulations on those operating in other areas24.
  2. However, these ordinances are currently under a temporary injunction filed in December 2023, preventing the city from enforcing the new rules23.
  3. The Texas 5th District Court of Appeals is currently deciding whether Dallas can prohibit STRs in single-family neighborhoods3. As of the latest information available, no ruling has been made on this matter5.
  4. While the injunction is in place, STRs are operating legally within Dallas neighborhoods, including in single-family zoned areas2.
  5. The city is still enforcing existing ordinances on property standards and disturbances1, but the specific STR regulations passed in 2023 are not being implemented due to the ongoing legal battle.
  6. Some council members, like Chad West, have suggested revisiting the STR ordinance, arguing that it's "not working" and potentially causing the city to miss out on significant tax revenue26.

In summary, while Dallas has passed laws regarding non-owner occupied STRs, these are not currently being enforced due to legal challenges. The situation remains in flux, with potential for changes depending on court rulings and further council actions.

Property Location