Rent report generated Jan 19, 2025
The Rent Potential of
4614 Lester Dr Dallas, TX
is $2,029 – $4,293/mo.
Rent Advice
With an average rent potential ranging from $2K to $4.3K, this Dallas townhome offers promising revenue streams. Based on this, the property could generate annual revenues between $24K and $51K. Given the current market value of $467K, the estimated payback period is approximately 9 to 19 years. The Central Dallas location, combined with modern features like hardwood floors and stainless appliances, enhances rental appeal, though the high HOA fees could deter some tenants.
To boost rental value, consider upgrading the interior to a more contemporary style and improving energy efficiency. If selling, leverage the property's prime location and low HOA fees as key selling points. Highlight modern amenities and easy access to nearby attractions to attract potential buyers. Maintaining the property in tip-top shape will ensure competitive pricing and potentially shorten the payback period for investors.
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