Short term rental realtors in Dallas

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Andrew SteffensBusiness Member
Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
1y

Bruce said it best above ^ I have had quite a few clients go from TX to FL because of legislative/legal reasonings since FL does provide a state level protection from jurisdictions passing new restrictions or changing existing ones.  Good luck and be careful!

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  • Michael BaumPro Member
    Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
    1y

    Have you checked the finder tool on the site? Should produce some results.

  • Real Estate Broker · DFW · Member since 2015 · 350 posts · 270 votes
    1y
    Quote from @Krishan Gopal Sharma:

    Hi,

    I recently moved to Dallas Fort Worth area and looking to invest in buying short term rental. Can someone recommend realtor(s) who specialize STR in Dallas Fort Worth area and familiar with regulations etc?


    Hey man - I'm a broker in DFW and do around 80-100 deals a year. One of my bigger investor clients owns around 20 air BNBs. Arlington is a great city because the STR zone has already been established. DFW is currently in appeals and some other cities have banned it. If you want to connect DM me. I also have my own rental portfolio. 
    • Collin HaysBusiness Member
      Property Manager · Gatlinburg, TN · Member since 2020 · 3k+ posts · 4k+ votes
      1y
      Quote from @Harrison Sharp:
      Quote from @Krishan Gopal Sharma:

      Hi,

      I recently moved to Dallas Fort Worth area and looking to invest in buying short term rental. Can someone recommend realtor(s) who specialize STR in Dallas Fort Worth area and familiar with regulations etc?


      Hey man - I'm a broker in DFW and do around 80-100 deals a year. One of my bigger investor clients owns around 20 air BNBs. Arlington is a great city because the STR zone has already been established. DFW is currently in appeals and some other cities have banned it. If you want to connect DM me. I also have my own rental portfolio. 

       Thank you for posting.  A great resource for DFW investors!  

  • Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    1y

    The trick is, every city has their own regulations and the regulations change.

    Dallas in in the midst of lawsuits now. Basically the city wants to ban. Some STR are fighting. Tough to know who wins that fight, but even if the owners do vs city, you know where the city thoughts are. I expect they will continue to enact rules and regs that make life difficult.

    FTW does not allow standalone in residential neighborhoods, so that is effectively city wide ban.

    Arlington has a small zone designated for AirBnB and there are occasional sales there.  

    I believe Plano has regs or in process of enactment after several bad incidents.

    Most of the condos and HOAs prohibit STR.

    I think if you're set on doing this I would look at the smaller cities outside of the main metroplex where STRs are not prevalent and so fewer regulations and less interest from the neighbors.

  • Andrew SteffensBusiness Member
    Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
    1y

    Bruce said it best above ^ I have had quite a few clients go from TX to FL because of legislative/legal reasonings since FL does provide a state level protection from jurisdictions passing new restrictions or changing existing ones.  Good luck and be careful!

  • Member since 2024 · 5 posts · 0 votes
    1y

    Frisco, TX—a suburb of Dallas—could be a great market to consider. A new Universal Studios is being built there and is set to open in 2026, plus there's a PGA course already in place. Most homes are in HOA communities, but there are still some non-HOA options out there. It could be a solid opportunity to get in before the theme park opens. I know a great agent who focuses on STRs—feel free to shoot me a message.

  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    1y

    @Krishan Gopal Sharma

    Welcome to DFW! You're in a great market for short-term rentals, but it's super important to work with a realtor who truly understands both the local neighborhoods and the shifting STR regulations, especially in cities like Dallas and Arlington. Some areas are very investor-friendly while others have strict limitations or permit requirements. I specialize in STRs and can help you find the right fit—DM me and I'll point you in the right direction!

    Good luck!

  • Investor · Barcelona, Spain · Member since 2008 · 13 posts · 1 vote
    1y

    My understanding is that current STR regulations in Dallas are not being enforced due to the lawsuit. Do you all think now is a good time to consider an STR in the area before they resolve things? What is the likelihood that an owner gets an STR license now and then it gets taken away later if the city figures things out? My experience in other areas is that current owners usually get grandfathered in to any regulation changes, but I'm curious to hear from people in the area.

    • Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
      1y
      Quote from @James Nicholson:

      My understanding is that current STR regulations in Dallas are not being enforced due to

      There is a hold on implementation of the regulations right now, but still in court.  I think it is pretty hard to fight the government and win.  Possible, but it is pretty clear where the city stands and it is not with STR owners in single family neighborhoods.  I forgot who said it, but some famous said...it is dangerous to be right, when the established authorities are wrong.  Even if the city does not win the lawsuit, there are all kinds of things they can implement to make things difficult on STR owners.   They grandfather idea is not always true.  I've gone to several of the city meetings and while the STR owners show a strong presence in the end I don't think they win.
      What I see in Dallas STR to me for the most part does not make sense....getting $50 a night on a one bedroom condo, so max occupancy is about $1500/month in rent on STR when you pay the HOA dues, fees to VRBO or AirBnB, all utilities, internet and capital for furnishings does not make sense to me when LTR might get $1200-$1250.  Plus on STR you would need to keep it booked at near 100% to make the $1500/month.  When I look at rates and booking calendars for various AirBnBs I just don't see people killing it anymore.  I see a lot more liquidating them, than hearing people making $5000-$6000/month which was during that first year of Covid.
    • Collin HaysBusiness Member
      Property Manager · Gatlinburg, TN · Member since 2020 · 3k+ posts · 4k+ votes
      1y
      Quote from @James Nicholson:

      My understanding is that current STR regulations in Dallas are not being enforced due to the lawsuit. Do you all think now is a good time to consider an STR in the area before they resolve things? What is the likelihood that an owner gets an STR license now and then it gets taken away later if the city figures things out? My experience in other areas is that current owners usually get grandfathered in to any regulation changes, but I'm curious to hear from people in the area.


       That's just a calculated risk you'd be taking. But keep in mind, "Dallas" can mean many places.  Plano, Allen, McKinny, Irving, Arlington, Frisco, Flower Mound, Grand Prairie, Farmers Branch, Hurst, Euless, Bedford, Garland, and others.  There's not a lot of Dallas that is actually Dallas.  

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