Summary: You do not need to live nearby, or build an Airbnb from scratch, to make this strategy work. The right STR should already be furnished, photographed, staged, and producing income so you are buying an operating business instead of taking on a design and setup project. Each of these four properties is hand-picked, located in a strong market, sold furnished, and backed by actual performance history, not a hopeful projection. Each can relaunch within a day, and some include future bookings, listing continuity, or management support.
Steffen Realty offers an STR Launch package to help with the transition, listing setup, vendors, management, and the first steps after closing. For investors looking to actively participate in a proven STR and pursue the tax strategy to offset W-2 income, these are the four properties I would review first. Enjoy!
Round Rock 7-Bedroom STR Producing $225K $1.2M
Asset Quality A- | Neighborhood Quality A- | Year Built 2005
$225,000 in actual annual revenue gives this furnished seven-bedroom STR the scale to make a meaningful impact on both cash flow and depreciation. The heated pool, hot tub, and large-group layout support a projected $275,000 revenue target. Wrap financing is available with 10% down, keeping the upfront cash requirement unusually low for a property at this level. Ideal for a high-income investor looking to acquire a proven STR business and actively participate in its operation. Seller-financing terms and diligence are available.
105 Sultana Ct Round Rock TX 78664
Diligence Docs File
Sale Price: | $ 1,200,000 | Cap Rate | 9.43% |
Cash Needed (10% down + cc) | $ 132,000 | Cash on Cash | 17.11% |
P&L | Monthly | Annual | |
Projected Income | $ 18,750 | $ 225,000 | |
Mortgage PMT (7.5% Int) | $ 7,551 | $ 90,612 | |
Taxes | $ 2,000 | $ 24,000 | |
Maint Reserve | $ 375 | $ 4,500 | |
Management | $ 2,813 | $ 33,750 | |
Utilities | $ 850 | $ 10,200 | |
Insurance | $ 467 | $ 5,600 | |
Landscaping | $ 150 | $ 1,800 | |
Supplies | $ 250 | $ 3,000 | |
Cleaning Fees | $ 1,100 | $ 13,200 | |
HOT Tax | $ 1,313 | $ 15,750 | |
OPEX | $ 9,317 | $ 111,800 | |
Cashflow | $ 1,882 | $ 22,588 | |
NOI | $ 9,433 | $ 113,200 |
Haltom City Furnished STR Producing $114K $580K
Asset Quality B+ | Neighborhood Quality B | Year Built 1997
$114,452 in current annual revenue at a $580,000 price gives this furnished DFW STR a 19.7% gross yield before any upgrades. It previously produced $124,034 with occupancy reaching 81%, while the pool, hot tub, cinema room, and six-bedroom layout give groups several reasons to book. Revenue is projected at $131,620 after upgrades. Ideal for a W-2 investor who wants proven income, strong depreciation potential, and an operating property to actively improve. Airbnb dashboards are available.
5832 Clear Creek Dr Haltom City TX 76137
Diligence Docs File
Sale Price | $ 580,000 | Cap Rate | 10.22% |
Cash Needed | $ 150,800 | Cash on Cash | 16.85% |
Monthly | Annual | ||
Income | $ 10,417 | $ 125,000 | |
Mortgage | 6.75% | $ 2,821 | $ 33,857 |
Tax | $ 967 | $ 11,600 | |
Repairs | $ 313 | $ 3,750 | |
Insurance | $ 319 | $ 3,828 | |
Mgmt | $ 1,563 | $ 18,750 | |
Utilities | $ 800 | $ 9,600 | |
Landscape | $ 150 | $ 1,800 | |
Supplies | $ 100 | $ 1,200 | |
Cleaning | $ 850 | $ 10,200 | |
HOT Fee | $ 417 | $ 5,000 | |
NOI | $ 4,939 | $ 59,272 | |
Cashflow | $ 2,118 | $ 25,415 |
Richardson Off-Market Turnkey STR $495K
Asset Quality A | Neighborhood Quality A | Year Built 1978
$80,745 in current annual revenue comes with proof that this property produced $96,054 in 2024. The remodeled pool home has more than 100 five-star reviews, a hot tub, multiple sleeping areas, and a projected $92,857 revenue target after upgrades. Furniture, appliances, décor, housewares, and management can all transfer, removing nearly every normal launch headache. Ideal for a high-income investor who wants a proven off-market STR they can actively operate from day one. Airbnb dashboards are available.
1613 E Spring Valley Rd Richardson TX 75081
Diligence Docs File
Sale Price | $ 495,000 | Cap Rate | 7.93% |
Cash Needed | $ 128,700 | Cash on Cash | 8.06% |
Monthly | Annual | ||
Income | $ 7,750 | $ 93,000 | |
Mortgage | 6.75% | $ 2,408 | $ 28,895 |
Tax | $ 825 | $ 9,900 | |
Repairs | $ 233 | $ 2,790 | |
Insurance | $ 272 | $ 3,267 | |
Mgmt | $ 1,163 | $ 13,950 | |
Utilities | $ 700 | $ 8,400 | |
Landscape | $ 125 | $ 1,500 | |
Supplies | $ 100 | $ 1,200 | |
Cleaning | $ 750 | $ 9,000 | |
HOT Fee | $ 310 | $ 3,720 | |
NOI | $ 3,273 | $ 39,273 | |
Cashflow | $ 865 | $ 10,378 |
Denton Off-Market Furnished Turnkey Airbnb $315K
Fully Renovated and Furnished | Near the University of North Texas | Year Built 1976
A $244.60 ADR and 65% YTD occupancy put this property on a $4,833 monthly gross booking pace at a $315,000 purchase price. All furnishings plus $8,288.61 in upcoming bookings convey, and the seller will remain as cohost to preserve Superhost continuity after closing. The remodeled four-bedroom home sleeps 10 and carries a 4.94 rating, giving the buyer a working operation rather than a property they need to build from scratch. Great STR tax strategy for an investor who wants an accessible entry point and a business they can actively manage from day one.
1620 White Oak Ct Denton TX 76209
Diligence Docs File
Sale Price | $ 315,000 | Cap Rate | 7.10% |
Cash Needed | $ 81,900 | Cash on Cash | 4.85% |
Monthly | Annual | ||
Income | $ 4,833 | $ 57,996 | |
Mortgage | 6.75% | $ 1,532 | $ 18,388 |
Tax | $ 525 | $ 6,300 | |
Repairs | $ 145 | $ 1,740 | |
Insurance | $ 173 | $ 2,079 | |
Mgmt | $ 483 | $ 5,800 | |
Utilities | $ 600 | $ 7,200 | |
Landscape | $ 100 | $ 1,200 | |
Supplies | $ 50 | $ 600 | |
Cleaning | $ 700 | $ 8,400 | |
HOT Fee | $ 193 | $ 2,320 | |
NOI | $ 1,863 | $ 22,358 | |
Cashflow | $ 331 | $ 3,970 |
Considering an offer? Let’s talk next steps.
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