Rent report generated Jan 10, 2025
The Rent Potential of
16211 Red Cedar Trl Dallas, TX
home
is $4,195 – $6,000/mo.
Current Specs
4 Bed / 3 Bath
3,114 sqft
Single-Family
Built in 1980
Rent Comps
$3,400
$4,500
$11,500
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
5 Listings
4 Bed / 3-3.5 Bath
2,538 - 3,881 sqft
Within 2.6 mi
Avg. Monthly Rent$3,999
High-end comps
These are the highest-priced comps in the market. They demonstrate the price range for renovated homes with new finishes and modern appliances.
4 Listings
4 Bed / 3 Bath
2,337 - 2,727 sqft
Within 1.4 mi
Avg. Monthly Rent$7,875
Rent Advice
This property in Dallas, with its four bedrooms and spacious 3,114 sqft layout, can command monthly rents between $4,195 and $6,000 based on comparable properties. Key features like a pool, modern kitchen, and recent renovations enhance its desirability. The neighborhood trends are favorable, with an upward trajectory in property values. Though a single-family home, its rental potential is substantial, attracting families seeking comfort and community. Challenges might include competition from newer builds in the area.
To heighten rental income, consider minor upgrades like fresh paint or modern lighting to appeal to prospective tenants. If selling is on the table, now could be a strategic time given the current market conditions, where demand is robust. Highlighting the property's unique features, such as the pool and modern kitchen, in marketing materials will be crucial to capturing interest from potential buyers or renters.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.