Austin TX 78704 SFH vs MTR

Austin TX 78704 SFH vs MTR

Member since 2023 · 9 posts · 2 votes

Cross posting from STR forum for better reach. Thank you all for the input!

[MTR/STR PM help] Dear community. I have a 3B2B (Max 8 guests) SFH STR in Austin TX 78704 operating for a about 6 months now. In hot months it's bringing in 6k+ income while in slow months less than $3k. I am planning to move out of the state in Spring 2026 and wonder if converting the home to a MTR would be a better strategy. Same neighborhood Furnished Finder listings are $3.5 - $4.5 per month. Happy to chat with anyone who has some insights!

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  • Investor · Austin, TX · Member since 2020 · 223 posts · 83 votes
    10mo

    I think some other things to consider would be:
    - finding STR and MTR management + how hands off / on do you want to be + cost to operate
    - can you boost your current income and reduce vacancy as STR by adding amenities 

    • Member since 2023 · 9 posts · 2 votes
      10mo
      Quote from @Alice Huang:

      I think some other things to consider would be:
      - finding STR and MTR management + how hands off / on do you want to be + cost to operate
      - can you boost your current income and reduce vacancy as STR by adding amenities 

       @Alice Huang great questions!

      - I will need to be very hands off and rely on PM regardless if i's STR vs MTR. Mostly since I will be out of the state and I am very busy with my primary job.

      - I have been having a harder time to reduce vacancy. We have introduced a few amenities in the backyard. We have also considered a cowboy pool but are unsure if it's worth the investment.

      I am happy to connect and talk more.

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