mashvisor logo

Discover

Dallas

Dallas is a major metropolitan city in North Texas with a population of over 1.3 million people. This makes Dallas the third most populous city in the State of Texas after Houston and San Antonio and the ninth largest one in the US. With a population of 7.4 million people, the Dallas-Fort Worth metroplex is not only the fourth largest metropolitan area in the US but also the most populous one in Texas and the entire South. This huge population in addition to the fact that 59% of residents rent rather than own a home makes the Dallas real estate market one of the top locations for property investments, especially traditional rentals.

Dallas is a busy regional commercial, transportation, and cultural hub enjoying a diverse economy in which high-tech sectors have taken the lead. The main industries include defense, financial services, information technology, communications, transportation, and manufacturing as well as healthcare, retail, accommodation, construction, and real estate. This makes for a mixed workforce of both white-collar and blue-collar jobs. Dallas hosts the headquarters of nine Fortune 500 companies, while their total number in the DFW region is 22. The multiple economic sectors and the strong economic growth send a positive signal to Dallas real estate investors.

Dallas is a popular tourist destination with 25 million visitors each year. Some of the most important tourist attractions in Dallas include the Dallas Arboretum and Botanical Garden, the Dallas World Aquarium, the Dallas Zoo, Fair Park, Reunion Tower, Six Flags, the Sixth Floor Museum at Dealey Plaza, the Perot Museum of Nature and Science, the Dallas Museum of Art, and the Dallas Arts District including the Nasher Sculpture Center and the Meyerson Symphony Center. The Dallas Arts District is the largest continuous urban arts district in the US. The large number of annual visitors translates into high demand for Airbnb Dallas rentals from the point of view of real estate investors.

The Dallas-Fort Worth real estate market attracted the attention of property investors this year after PWC ranked it as the #1 US Market to Watch in its annual Emerging Trends in Real Estate: United States and Canada 2019 report. The benefits of investing in the Dallas-Fort Worth housing market combine a strong potential for future growth with the liquidity of a gateway market.

Dallas Realtors and Real Estate Agents

Select agents


Dallas  Real Estate Investment Performance
Facts and Market Trends in Nashville
Homes For Sale
3,060
Airbnb Properties
1,006
Rental Properties
4,859
Traditional Vacancy rate
7.80%
Airbnb Occupancy Rate
53.13%
Mashmeter
56.54%
Median Price
$410,077
Median Rent Price
$1,887
Price/sqft
$200
Median Days on Market
8,176
Price to Rent Ratio
18.9
Average Cap Rate
Airbnb
1.87%
Traditional
0.67%
Average Rental Income
Airbnb
$2,579
Traditional
$1,802
 
Median Household Income
$8,176
Population
1,341,075
Transportation in Dallas
46 / 100
Car-Dependent
40 / 100
Some Transit
46 / 100
Somewhat Bikeable
Dallas  Rent Prices
RENTAL STRATEGY STUDIOS 1 ROOM 2 ROOMS 3 ROOMS 4 ROOMS
Airbnb$1,583$1,557$1,855$2,688$4,040
Traditional$935$990$1,471$1,918$2,309
Dallas, TX - Homes for Sale - Newly Listed
$242,000
MLS 14005525
3883 Turtle Creek Boulevard #306
Dallas, TX 75219
Oak Lawn
Condo/Coop
2 beds2 baths971 sq.ft.
CAP RATE
Trad. -1.21%Airbnb -1.24%
$219,000
MLS 14041907
1418 Fuller Drive
Dallas, TX 75218
Northeast Dallas
Single Family Residential
3 beds1 baths1,042 sq.ft.
CAP RATE
Trad. 1.93%Airbnb 4.12%
$599,900
MLS 14038906
16834 Hunters Point Drive
Dallas, TX 75248
Far North
Single Family Residential
4 beds3 baths2,594 sq.ft.
CAP RATE
Trad. 0.14%Airbnb 0.15%
$599,900
MLS 14038906
16834 Hunters Point Drive
Dallas, TX 75248
Far North
Single Family Residential
4 beds3 baths2,594 sq.ft.
CAP RATE
Trad. 0.14%Airbnb 0.15%
Top Performing Dallas Properties
$549,900
MLS 14015675
5309 Northmoor Drive
Dallas, TX 75229
North Dallas
Single Family Residential
4 beds3 baths2,434 sq.ft.
CAP RATE
Trad. 1.48%Airbnb 9.50%
$139,900
MLS 13952279
1842 Oak Hill Circle
Dallas, TX 75217
Southeast Dallas
Single Family Residential
3 beds2 baths1,595 sq.ft.
CAP RATE
Trad. 2.23%Airbnb 9.24%
$199,900
MLS 14003272
2639 Blyth Drive
Dallas, TX 75228
Urbandale-Parkdale
Single Family Residential
4 beds2 baths1,692 sq.ft.
CAP RATE
Trad. 2.53%Airbnb 9.08%
$565,000
MLS 14021804
4959 Mill Run Road
Dallas, TX 75244
North Dallas
Single Family Residential
4 beds4 baths2,500 sq.ft.
CAP RATE
Trad. 1.35%Airbnb 8.84%
Recently Sold Homes in Dallas, TX
$549,000
MLS 14043610
4628 Virginia Avenue
Dallas, TX 75204
M Streets
Multi Family
3 beds4 baths2,333 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$549,000
MLS 14043610
4628 Virginia Avenue
Dallas, TX 75204
M Streets
Multi Family
3 beds4 baths2,333 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$3,050,000
MLS 14035397
5404 Reiger Avenue
Dallas, TX 75214
M Streets
Multi Family
0 beds0 baths0 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$1,520,000
MLS 14012423
4201 Abbott Avenue
Dallas, TX 75205
M Streets
Multi Family
3 beds5 baths3,040 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
Property Value Changes and Real Estate Appreciation in the Dallas Housing Market

The Dallas real estate market has witnessed strong natural real estate appreciation in recent years. Dallas home values have gone up by 111% since the beginning of 2000, which brings the average annual appreciation rate to 4.1%, according to data from NeighborhoodScout. Meanwhile, based on Zillow estimates, the median listing price in the Dallas housing market went up by 16.9% in the past year. Despite this high real estate appreciation, Dallas investment properties have remained affordable, which makes Big D a good choice for first-time real estate investors.

Moreover, Zillow forecasts a decline of 9.2% in median home values in the next year. The Dallas housing market is moving towards a neutral market, meaning that rental property investors will be able to find affordable investment options as well as good real estate deals and not get caught in bidding wars.

Dallas, TX Top Multi Family Homes
$340,000
MLS 14003586
7343 Wellcrest Drive
Dallas, TX 75230
North Dallas
Multi Family
3 beds2 baths1,875 sq.ft.
CAP RATE
Trad. 2.47%Airbnb N/A
$590,888
MLS 13995592
3619 Dorothy Avenue
Dallas, TX 75209
Bluffview
Multi Family
3 beds3 baths2,348 sq.ft.
CAP RATE
Trad. 2.41%Airbnb N/A
$484,900
MLS 13955437
3715 Dorothy Avenue
Dallas, TX 75209
Bluffview
Multi Family
3 beds3 baths2,250 sq.ft.
CAP RATE
Trad. 2.19%Airbnb N/A
$355,000
MLS 14030180
4118 Brooktree Lane
Dallas, TX 75287
Far North
Multi Family
3 beds3 baths2,022 sq.ft.
CAP RATE
Trad. 2.08%Airbnb N/A
Homes Below Median Price in the Dallas, TX Real Estate Market
$192,000
MLS 14017708
3130 Kendale Drive
Dallas, TX 75220
Preston Hollow
Single Family Residential
3 beds1 baths1,250 sq.ft.
CAP RATE
Trad. 6.18%Airbnb 7.95%
$299,000
MLS 13920695
719 Melba Street
Dallas, TX 75208
Oak Cliff
Single Family Residential
4 beds3 baths1,499 sq.ft.
CAP RATE
Trad. 3.29%Airbnb 7.77%
$299,000
MLS 14031545
1602 Lebanon Avenue
Dallas, TX 75208
Oak Cliff
Single Family Residential
4 beds2 baths1,609 sq.ft.
CAP RATE
Trad. 3.29%Airbnb 7.77%
$225,000
MLS 13975309
9928 Scyene Road
Dallas, TX 75227
Urbandale-Parkdale
Single Family Residential
4 beds3 baths1,929 sq.ft.
CAP RATE
Trad. 1.89%Airbnb 7.71%
Dallas Airbnb Growth and Regulations

Considering the importance of tourism in Dallas, it comes as no surprise that the Dallas Airbnb business has experienced a major growth in recent years. In 2018 nearly half a million Airbnb guests stayed at Dallas-Fort Worth short-term rentals, bringing a total revenue of $64 million to the local Airbnb hosts. This averages a supplement rental income of $6,800 per Airbnb Dallas host.

Despite increasing Airbnb legal issues in other major real estate markets across the US, Airbnb rentals remain fully legal in the Dallas housing market. To this point the city has not issued any Airbnb laws to regulate the use of short-term rentals. In terms of taxes and fees, Dallas Airbnb hosts are expected to pay a city hotel occupancy tax of 7% in addition to a 6% state hotel tax.

Dallas, TX Top Airbnb Homes
$90 per night
Entire home/apt · 1 bed
#3 Urban Warehouse Loft in Deep Ellum
420
$102 per night
Entire home/apt · 1 bed
Luxurious, Historic Studio in Uptown
419
$88 per night
Entire home/apt · 1 bed
Sunny Spacious House by Love Field
415
$88 per night
Entire home/apt · 1 bed
Vibrant Historic Studio in Uptown
379
Dallas, TX Homes for Rent
$1,849
MLS 14042752
1316 Macaw Court
Dallas, TX
Winnetka Heights
Single Family
4 beds3 baths3,360 sq.ft.
$1,849
MLS 14042752
1316 Macaw Court
Dallas, TX
Winnetka Heights
Single Family
4 beds3 baths3,360 sq.ft.
$1,849
MLS 14042752
1316 Macaw Court
Dallas, TX
Winnetka Heights
Single Family
4 beds3 baths3,360 sq.ft.
$3,000
MLS 14044373
7610 Mullrany Drive
Dallas, TX
Far North
Single Family
4 beds3 baths2,978 sq.ft.
Dallas, TX Open Houses
Open 2 PM to 4 PM
$219,000
MLS 14041907
1418 Fuller Drive
Dallas, TX 75218
Northeast Dallas
Single Family Residential
3 beds1 baths1,042 sq.ft.
CAP RATE
Trad. 1.93%Airbnb 4.12%
Open 1 PM to 4 PM
$242,000
MLS 14005525
3883 Turtle Creek Boulevard #306
Dallas, TX 75219
Oak Lawn
Condo/Coop
2 beds2 baths971 sq.ft.
CAP RATE
Trad. -1.21%Airbnb -1.24%
Open 2 PM to 4 PM
$599,900
MLS 14038906
16834 Hunters Point Drive
Dallas, TX 75248
Far North
Single Family Residential
4 beds3 baths2,594 sq.ft.
CAP RATE
Trad. 0.14%Airbnb 0.15%
Open 2 PM to 4 PM
$1,275,000
MLS 13907555
56 Abbey Woods Lane
Dallas, TX 75248
Far North
Single Family Residential
4 beds5 baths4,605 sq.ft.
CAP RATE
Trad. -1.59%Airbnb -1.58%
Best Dallas Neighborhoods for Buying Investment Property
58%
Mashmeter
property price
$425,000
Median
cap rate
7.37%
Traditional
6.75%
Airbnb
rental income
$2,611
Traditional
$2,391
Airbnb
homes for sale
93
occupancy rate
54%
Airbnb
67%
Mashmeter
property price
$400,000
Median
cap rate
6.53%
Traditional
7.23%
Airbnb
rental income
$2,177
Traditional
$2,409
Airbnb
homes for sale
14
occupancy rate
53%
Airbnb
61%
Mashmeter
property price
$349,900
Median
cap rate
9.38%
Traditional
10.05%
Airbnb
rental income
$2,736
Traditional
$2,931
Airbnb
homes for sale
7
occupancy rate
54%
Airbnb
74%
Mashmeter
property price
$604,000
Median
cap rate
4.93%
Traditional
5.91%
Airbnb
rental income
$2,482
Traditional
$2,976
Airbnb
homes for sale
10
occupancy rate
53%
Airbnb
67%
Mashmeter
property price
$306,500
Median
cap rate
8.33%
Traditional
11.41%
Airbnb
rental income
$2,128
Traditional
$2,914
Airbnb
homes for sale
16
occupancy rate
53%
Airbnb