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4934 Echo Ave, Dallas, Texas, 75215
$
2900
Bedrooms
5
Utilities Included
No
Bathrooms
4
Furnished
No
Available to Lease on
Available Now
Property Type
Single Family
SQFT
1815
Key metrics
Rent
$
2900
Monthly Estimated Profit?
$
4692
Annual Estimated Profit?
$
56302
Acquisition Fee
$
2500
Security Deposit
$
TBD
Average Daily Rate
$
Occupancy
47
Annual Revenue
$
91102
Key Features

This spacious single-family residence is ideal for corporate housing, offering flexibility with its in-law suite featuring a kitchenette, separate laundry, and HVAC system. With five bedrooms and four bathrooms, it provides ample space for professionals or families seeking long-term accommodations. Located just minutes from Fair Park and downtown Dallas, it offers convenient access to local attractions and business centers.

The property's proximity to Lincoln High and major hospitals makes it an excellent choice for traveling medical professionals and academics. Its energy-efficient design and abundant natural light ensure a comfortable living environment, while hardwood flooring and stainless steel appliances add a touch of elegance. Small pets are welcome, making it a versatile option for various tenants.

Property Features

• 5 Bedrooms / 4 Bathrooms: Spacious layout with attached bathrooms in four rooms.
• In-Law Suite: Includes a kitchenette, separate laundry, and HVAC.
• Energy Efficient: Designed to keep utility bills low.
• Hardwood Flooring: Easy to maintain and stylish.
• Proximity to Attractions: Minutes from Fair Park and downtown Dallas.

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