HomeStakes Top Property Picks March 19

Welcome to this weeks exclusive list of some of the most lucrative vacation rental properties across the country! This week we dive into properties across markets in Nevada, Florida, and Texas that standout as short-term rental markets.

For those new to our lists, or who need a refresher on our criteria and terms used in our lists, please review our post covering HomeStakes Top Property Lists. Here, you'll find all the details on how we break these lists down and the key criteria we are evaluating on and why.

This list is designed to save you time and stress when navigating the vacation rental property market, and ultimately make your next investment decision easier and faster. Our team of experts has carefully curated this weekly list based on criteria such as estimated revenue, occupancy rate, daily rate, and all other crucial factors that contribute to a property's success.

If you are not looking to currently buy investment properties, you can learn more about real estate investing with our other FREE resources HERE.

Dive into our top properties of the week and discover what makes them stand out in the vacation rental market. Equip yourself with the knowledge you need to make informed decisions and excel in your vacation rental property investment journey!

Las Vegas, Nevada, Vacation Homes

4360 Sunnyview Ct, Las Vegas, NV 89147

List Price: $370,000
Accommodations: 3 Bed / 2 Bath - 1,202 SF on 6,534 sqft lot
Total estimated revenue: $42,777
Occupancy rate: 64%
Daily rate: $183
NOI: $23,536
Location: A+
Property Summary: A cozy home in Spring Valley with 3 bedrooms, 2 baths, and a den by the pool. Built in 1975, it's a single-story house with 2 attached garage spaces. The backyard has brick flooring with real grass, and the front yard is also real grass. Appliances like oven, dishwasher, microwave, fridge, and washer/dryer are included. Laundry is in the garage with gas dryer hookup.
Notes: The inside and outside of the house are in great condition and ready to move in. It just needs some extra entertainment features in the backyard to make it even more lively. Situated in a peaceful cul-de-sac with custom shelving, this home is located in Spring Valley, a cozy "town" within Las Vegas. It's conveniently close to everything you might need, with the University and the Strip only 15-20 minutes away. Despite its proximity to amenities, the area remains calm and quiet. Plus, it's near the airport, markets, parks, schools, and more.

3589 Winter Scene Ct, Las Vegas, NV 89147

List Price: $435,000
Accommodations: 3 Bed / 2 Bath - 1,220 SF on 5,227 sqft lot
Total estimated revenue: $49,176
Occupancy rate: 66%
Daily rate: $204
NOI: $29,103
Location:
Property Summary: A one-story house in Spring Valley with 3 bedrooms and 2 baths. It's on a corner lot and has a heated pool and spa in the backyard. Built in 1994. Open living room and dining room both vaulted with fireplace, breakfast counter. Spacious kitchen. Laundry is on the main level with gas dryer hookup.
Notes: The inside and outside of the house are in great shape and ready to go, but the front yard could use some landscaping to enhance its beauty. Situated on a corner lot, the home is conveniently located near schools, parks, strip malls, the airport, grocery stores, and much more.

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5920 Emerald Canyon Dr, Las Vegas, NV 89142

List Price: $370,000
Accommodations: 3 Bed / 2 Bath - 1,202 SF on 4,356 sqft lot
Total estimated revenue: $39,435
Occupancy rate: 59%
Daily rate: $183
NOI: $20,628
Location: A+
Property Summary: A fully fenced home in Sunrise Valley with a low-maintenance landscape and a 2-car garage. Bright rooms with laminated floors, high vaulted ceilings in the living room, plantation shutters in the dining room, and a well-equipped kitchen with stainless steel appliances and granite countertops. The main bedroom has a walk-in closet and a private bathroom with a double vanity, shower, and claw foot tub. Relax on the cozy patio in the hassle-free backyard.
Notes: The inside of the house is in great condition and ready to move in, but the outside needs a thorough cleaning, especially the backyard, and some landscaping in the front to make it more attractive. The property is conveniently located for a short commute to Downtown and is close to schools, restaurants, markets, airports, churches, golf courses, and more.

1452 Wingate Ln, Las Vegas, NV 89110

List Price: $440,000
Accommodations: 3 Bed / 2 Bath - 1,511 SF on 8,276 sqft lot
Total estimated revenue: $52,047
Occupancy rate: 57%
Daily rate: $250
NOI: $31,601
Location: A+
Property Summary: 3-bed, 2-bath home in a peaceful neighborhood with vibrant landscaping. Outside, there's a dog run, patio, private yard, shed, and an in-ground pool/spa combo. The primary bedroom has a custom closet and an attached bath. The living room and dining area are combined, and the kitchen has a pantry and tile flooring, with a wood-burning fireplace in the living room.
Notes: The inside and outside of the house are in excellent condition and ready to move in, just a bit of landscaping is needed in the front yard. It's located in Sunrise Manor, Las Vegas, close to schools, restaurants, markets, airports, churches, golf courses, grocery stores, hardware stores, parks, and more.

Fort Lauderdale, Florida, Vacation Homes

700 N Victoria Park Rd, Fort Lauderdale, FL 33304

List Price: $1,399,000
Accommodations: 3 Bed / 2 Bath - 1,279 SF on 7,522 sqft lot
Total estimated revenue: $69,272
Occupancy rate: 58%
Daily rate: $327
NOI: $46,586
Location: A+
Property Summary: 3-bedroom, 2-bath home with a lush pool. Inside, discover meticulous upgrades including impact windows, redesigned bathrooms, custom cabinetry in the kitchen with gas range, and upgraded hardwood floors. With features like built-in closets, a cozy fireplace, and a cottage-turned-gym by the pool, has dual shower in the master bathroom and revamped electrical and plumbing systems.
Notes: The interior of the house is in excellent condition and move-in ready, while the exterior needs some cleaning, especially in the backyard where trees need trimming to reveal the pool's beauty. The front yard also needs trimming of plants and trees. Located in Victoria Park, Fort Lauderdale, this house is in the attendance area of several schools including Sunrise Middle School and Virginia Shuman Young Elementary School. It's close to the airport, parks, restaurants, grocery stores, beaches, cafes, and more.

1401 NE 14th St, Fort Lauderdale, FL 33304

List Price: $1,900,000
Accommodations: 3 Bed / 2 Bath - 1,224 SF on 6,000 sqft lot
Total estimated revenue: $59,220
Occupancy rate: 67%
Daily rate: $242
NOI: $37,841
Location: A+
Property Summary: 3-bedroom, 2-bath home built in 1955 with a fenced backyard featuring a pool. Appliances included are dishwasher, disposal, dryer, ice maker, microwave, refrigerator, and washer. Laundry features washer/dryer hook-up.
Notes: The interior of the property is in excellent condition and ready to move in, while the exterior requires cleaning in the backyard, along with tree trimming and mowing. Situated in one of Fort Lauderdale's most desirable neighborhoods, this property provides exceptional privacy, security, and exclusivity, while still being close to the city's best dining, shopping, beaches, schools, markets, airport, and entertainment destinations!

800 SW 26th Ct, Fort Lauderdale, FL 33315

List Price: $539,900
Accommodations: 3 Bed / 2 Bath - 1,253 SF on 9,272 sqft lot
Total estimated revenue: $73,121
Occupancy rate: 70%
Daily rate: $286
NOI: $49,936
Location: A+
Property Summary: A 3-bedroom, 2-bathroom home with a circular concrete driveway, a backyard shed, and additional pavers on the north side for extra parking such as for a boat or RV. The house features hurricane-rated windows and doors, updated electrical wiring, stainless steel appliances, and a spacious laundry room. It also has a newer roof and AC system, and has been freshly painted inside and out with recent minor renovations completed.
Notes: The interior and exterior of the property are in good condition and ready for immediate occupancy. Some minor cleaning and mowing are needed for the exterior, and adding entertainment features could enhance its liveliness and beauty. The property is situated in the Edgewood community of Fort Lauderdale, conveniently close to Fort Lauderdale/Hollywood International Airport, Port Everglades, beaches, Las Olas, I-95, Snyder Park, schools, grocery stores, and public transportation.

1931 NE 59th Ct, Fort Lauderdale, FL 33308

List Price: $700,000
Accommodations: 3 Bed / 2 Bath - 1,657 SF on 7,497 sqft lot
Total estimated revenue: $73,523
Occupancy rate: 66%
Daily rate: $305
NOI: $50,285
Location: A+
Property Summary: 3-bedroom, 2-bathroom home with a 2-car garage in Imperial Point. It has a spacious front yard and courtyard entry. Inside, there's a large living room with a pool, a formal dining area, and a well-equipped kitchen. The master bedroom has plantation shutters and access to the pool, while the master bath includes a dressing area. Bedrooms 2 and 3 have plenty of space and double closets. The pool area features four entrances, a covered deck with a BBQ area, and a backyard shed for outdoor activities.
Notes: The interior and exterior of the house are in perfect, move-in condition, with just a bit of trimming needed for plants and trees in the front yard, which won't cost much. It's located just 1 mile from the beach, with no pet or rental restrictions and no HOA. The neighborhood features sidewalks and street lights, and there's a subdivision park nearby with playgrounds, picnic areas, and walking trails. Nearby schools include Westminster Academy, Pine Crest private schools, and McNab Elementary. You're also just a short drive away from Gibbons School. Within a 10-minute drive, you have two beach options: the famous Lauderdale-by-the-Sea and the new Fisher Family Pier/Fishing Village, both offering shopping, waterfront restaurants, and entertainment options. Within 5 minutes, you'll find hospitals, pharmacies, banks, libraries, and a variety of restaurants and shops. The Galleria Mall, Whole Foods, Lowe's, HomeGoods, and more are just 10 minutes away. With easy access to I-95, you can reach the airport in 20 minutes, South Beach/Miami in 30 minutes, and West Palm Beach in 40 minutes.

Dallas, Texas, Vacation Homes

210 N Frances St, Dallas, TX 75211

List Price: $1,900,000
Accommodations: 3 Bed / 2 Bath - 1,250 SF on 9,530 sqft lot
Total estimated revenue: $49,088
Occupancy rate: 70%
Daily rate: $192
NOI: $29,027
Location: A+
Property Summary: 3-bedroom, 2-bathroom The master bath boasts floor-to-ceiling tiles, dual sinks, and a roomy walk-in shower. The expansive open-concept living area seamlessly blends the kitchen, dining, and living spaces, featuring custom cabinets, waterfall countertops, and two fireplaces. The spacious backyard is versatile and perfect for outdoor gatherings.
Notes: The inside and outside of the house are in excellent condition and ready to move in. Consider adding entertainment features to the backyard to make it even more appealing. Conveniently located near parks, golf courses, the airport, schools, hospitals, shopping centers, groceries, restaurants, markets, and more.

8935 Woodshore Dr, Dallas, TX 75243

List Price: $440,000
Accommodations: 3 Bed / 2 Bath - 1,229 SF on 8,755 sqft lot
Total estimated revenue: $45,560
Occupancy rate: 54%
Daily rate: $231
NOI: $25,957
Location: A+
Property Summary: 3-bedroom, 2-bathroom home built in 1964, featuring a spacious and updated kitchen with plenty of cabinets and a natural quartzite island, ideal for entertaining. The large open-plan living room is perfect for gatherings and relaxation, and the 2-car garage offers convenience and storage. The interior was tastefully remodeled in 2018, including updates to HVAC, lighting, electric, and plumbing for modern comfort and efficiency. Additionally, a new roof was installed in 2019.
Notes: The house is in excellent condition inside and out, ready for immediate occupancy. Consider adding extra entertainment features to boost its appeal. Located in the sought-after Richardson School District, it offers great walkability, being just a block away from the White Rock Trail and the new Northhaven Bridge. Despite its convenient location near parks, the airport, schools, hospitals, shopping centers, groceries, restaurants, and more, it's only a 10-minute drive from Central Market North Park.

6011 Anita St, Dallas, TX 75206

List Price: $819,000
Accommodations: 3 Bed / 2 Bath - 1,634 SF on 6,141 sqft lot
Total estimated revenue: $70,411
Occupancy rate: 63%
Daily rate: $306
NOI: $47,578
Location: A+
Property Summary: 3-bedroom, 2-bathroom home built in 1948, with a kitchen featuring an eat-in area and a custom breakfast nook added in 2023. The detached two-car garage offers additional space for entertainment or storage, complete with an accessible window AC unit, currently serving as additional living space.
Notes: The interior and exterior of the house are in excellent, ready-to-move-in condition. It's conveniently located just blocks away from parks, golf courses, the airport, schools, hospitals, shopping centers, groceries, restaurants, markets, and more.

As always, it is crucial for potential investors to consider various factors, such as revenue, occupancy rate, daily rate, location, and other aspects, before committing to any investment. By doing so, you can make well-informed decisions that align with your financial goals and risk tolerance.

We encourage you to conduct further research, explore additional resources, and, if possible, visit the properties in person to gain a comprehensive understanding of each opportunity. Armed with this knowledge, you'll be better positioned to make strategic investments in the vacation rental market, maximizing your returns and minimizing potential risks.

Embark on your investment journey with confidence, and watch your vacation rental property portfolio flourish!

To access a wealth of additional resources on vacation rental property investment, visit our website. Don't miss out on the chance to elevate your investment game – get in touch with us today and unlock your full potential in the vacation rental market!

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