In Desoto, Texas, short-term rentals are performing strongly, with an average daily rate of $209, 44% occupancy, and a monthly revenue of $18,705, indicating a robust and lucrative market.
Thriving Short-Term Rentals in DeSoto, Texas: Strong Occupancy and Revenue
DeSoto, Texas, is experiencing a robust performance in its short-term rental market. According to recent data, short-term rentals in DeSoto are boasting an impressive 44% occupancy rate, indicating a high demand for these properties. The average daily rate for these rentals stands at $209, contributing to a substantial monthly revenue of $18,705. This strong performance is further highlighted by an 8% increase in active listings over the past year, reflecting the growing popularity and profitability of short-term rentals in the area. With a majority of listings being entire homes and a high prevalence of amenities such as internet, air conditioning, and parking, DeSoto is an attractive destination for both hosts and guests in the short-term rental market.
Short-Term Rental Regulations in Desoto, Texas for 2024
Registration and Permits
- Short-term rental properties must be registered with the city, and a non-transferable short-term rental permit must be obtained. A new owner must apply for a permit within 60 days of the property transfer.
- The initial registration is valid for 24 months, after which annual renewals are required.
Fees
- A non-refundable registration fee of $125 must be submitted with the registration form.
Compliance and Enforcement
- Property owners must comply with all applicable laws, rules, and regulations, including health and sanitation, and taxation chapters of the city code.
- Failure to comply can result in citations, fines, or the revocation of the permit.
Minimum Standards of Conduct
- Owners or operators must provide a tenant information sheet to renters, including:
- Name and 24/7 phone number of the designated agent
- Occupancy limits
- Parking information
- Noise and lighting restrictions
- Assembly restrictions
- Trash collection information.
Occupancy and Parking
- Maximum occupancy limits must be adhered to, as established at the time of registration.
- The maximum number of vehicles allowed is one car per bedroom or the maximum number that can be accommodated within the garage and driveway without extending over public rights-of-way.
Taxes
- Hotel/motel occupancy taxes must be paid. It is unlawful to operate a short-term rental without paying these taxes.
Local Contact Person
- A local contact person who resides within the county must be designated to respond to complaints 24/7 and take immediate remedial action.
Advertising and Contracts
- Any advertisement and rental contracts must specify the allowed maximum number of occupants and vehicles.
Personal Use and Property Management
- Property owners must ensure that personal use of the property does not conflict with existing bookings or maintenance schedules. Clear communication with the management company is necessary.
Other Requirements
- Property owners delinquent on city fees, including occupancy tax, sanitation, or gas service fees, are prohibited from registering a short-term rental until payment or an acceptable resolution is made.
Top Neighborhoods for Airbnb Revenue in DeSoto, Texas
While the provided sources do not specify exact neighborhood names within DeSoto, Texas, that generate the most Airbnb revenue, we can infer some popular and appealing areas based on nearby locations and guest preferences.
1. Central DeSoto
- Appeal: Central DeSoto is likely to be a hub for Airbnb rentals due to its proximity to local amenities, shopping centers, and community events. Guests appreciate the convenience and accessibility to various services.
- Why: Highly rated for location, cleanliness, and overall guest experience.
2. Hampton Oaks and Other Suburban Areas
- Appeal: These suburban areas offer a family-friendly environment with spacious homes, often featuring patios and backyards. They are appealing for families and groups looking for a comfortable stay.
- Why: Guests praise these rentals for their cleanliness, spaciousness, and family-friendly amenities.
3. Areas Near Interstate 35E
- Appeal: Locations near major highways like Interstate 35E are attractive due to their ease of access to Dallas and other surrounding cities. This makes them ideal for both business travelers and tourists.
- Why: Highly rated for location and convenience to major transportation routes.
4. Neighborhoods with Community Parks
- Appeal: Neighborhoods with community parks and recreational facilities are popular among guests who value outdoor activities and family-friendly environments.
- Why: Guests appreciate the additional amenities such as parks and recreational spaces that enhance their stay experience.
5. Areas with Newer Developments
- Appeal: Newer developments often feature modern homes with updated amenities, which are highly appealing to guests looking for a contemporary and comfortable stay.
- Why: Guests praise these rentals for their cleanliness, modern amenities, and overall comfort.
These neighborhoods are likely to generate significant Airbnb revenue due to their desirable locations, amenities, and the positive experiences they offer to guests.
Furnishing and Design Tips for an Inviting Airbnb in Desoto, Texas
General Tips
- Measure and Plan: Measure your rooms to determine the best layout, ensuring ample space to move around and preserving natural light sources.
- Stick to a Theme: Choose a theme and use timeless, sturdy pieces that fit within it to maintain consistency and durability.
Bedroom Essentials
- Comfortable Bedding: Opt for solid beds with easy-to-clean surfaces, storage beds for extra space, and memory foam mattresses for durability.
- Complete Bedding Sets: Include mattress protectors, bedding sets, pillows, and pillow protectors. Test the bedding yourself to ensure comfort.
- Mirror and Lighting: Install a full-length mirror and ensure there is a power socket nearby for hair dryers and straighteners.
Living Room and Seating
- Durable Sofa: Choose a sofa that is easy to clean, preferably with washable covers. Consider a sofa bed to increase guest capacity.
- Neutral Colors: Use neutral colors like brown and dark gray for sofas and large furniture to handle wear and tear better.
- Accent Pieces: Add color and style with accent chairs, ottomans, throw pillows, and throw blankets.
Kitchen and Dining
- Essential Appliances: Ensure the kitchen is equipped with a coffee maker, microwave, toaster, kettle, and other necessary appliances.
- Durable Cookware: Provide a cookware set, kitchen utensils, mixing bowls, baking sheets, and other essential cookware items.
- Tableware: Use durable tableware that matches your decor theme. Ensure enough sets for the maximum number of guests.
- Dining Table and Chairs: Choose a sturdy dining table and comfortable, lightweight chairs that can withstand heavy use.
Bathroom Essentials
- High-Quality Towels: Provide soft, absorbent towels in neutral colors that can be bleached. Ensure enough sets for guests.
- Storage and Toiletries: Offer storage for guests' toiletries and personal items. Include basic toiletries and a first-aid kit.
Additional Tips
- Smart Storage: Use beds with drawers, wall hooks, pegboards, and stackable containers to maximize storage space.
- Space-Saving Furniture: Opt for versatile pieces like sofa beds, folding tables, and ottomans with hidden storage.
- Mirrors and Lighting: Use mirrors to make the space feel bigger and brighter. Ensure good lighting and easy access to power outlets.
- Outdoor Spaces: If available, decorate outdoor areas to extend the living space. Use low-maintenance accessories and maintain the same style and color scheme as indoors.
Accessibility and Safety
- Accessibility Features: Consider adding ramps, wide doorways, and grab bars in bathrooms to make your Airbnb accessible to guests with disabilities.
- Safety Equipment: Install smoke detectors, carbon monoxide detectors, and provide a first aid kit.
Final Touches
- Local Flavor: Incorporate local elements to give your Airbnb a unique character that reflects Desoto, Texas.
- Thoughtful Details: Add finishing touches like rugs, throw blankets, and decorative items to create a welcoming and cozy atmosphere.
Discover DeSoto, Texas: Local Attractions and Insider Tips for Airbnb Hosts
Local Attractions
Outdoor Activities
- Windmill Hill Nature Preserve: A 75-acre park with hiking trails, steep hills, and verdant trees. Open from 6 a.m. to sundown.
- Roy Orr Trail System: A 3.6-mile trail that meanders through five urban parks, perfect for jogging or hiking.
- Cedar Hill State Park: Located near Joe Pool Lake, offering hiking, biking trails, fishing, and camping opportunities. Just 20 miles from downtown Dallas and less than 10 miles from DeSoto.
Sports and Adventure
- Metroplex BMX: The first covered and longest BMX racing facility in the U.S. Guests can watch free Friday night races or bring their own bikes to ride.
- Texas Helicopter Experience: Offers helicopter tours providing a bird’s-eye view of the Dallas and Fort Worth Area, including AT&T Stadium and the Fort Worth Stockyards.
Cultural and Historical Sites
- Historic Nance Farm: A Victorian-style home built in the 1850s, featuring a house, windmill, curing shed, milking barn, and tank house.
- DeSoto Veterans Memorial: A memorial honoring local veterans and their service to the country.
Entertainment and Community
- DeSoto Town Civic Center: Home to restaurants, shops, and the Corner Theater, an outdoor amphitheater hosting musical acts and events throughout the year.
- DeSoto Arts Commission: Promotes arts and culture in the community with various performances and events.
Insider Tips
Dining and Shopping
- Uptown Village at Cedar Hill: An outdoor shopping center with several shops, restaurants, and a movie theater, just a short drive from DeSoto.
- DeSoto Town Civic Center: Offers a selection of restaurants and shopping options within the civic center.
Nearby Attractions
- Dallas Zoo: A large zoo with a variety of animals from around the world, located in downtown Dallas.
- Six Flags Over Texas: An amusement park with rides, shows, and other attractions in Arlington, just a 30-minute drive from DeSoto.
- AT&T Stadium and Globe Life Park: Home to the Dallas Cowboys and Texas Rangers, respectively, in Arlington.
Community Events
- Free Friday Night BMX Races: Watch expert bike riders compete at Metroplex BMX.
- Events at the DeSoto Arts Commission: Check the local calendar for performances and events promoting arts and culture.
Practical Information
- DeSoto Independent School District: For families, most of DeSoto is served by this school district, which includes several schools and educational facilities.
- Local Parks and Trails: DeSoto has numerous parks and trails, making it an ideal location for outdoor enthusiasts.
By sharing these attractions and tips, you can help your Airbnb guests make the most of their visit to DeSoto, Texas, and enjoy the unique blend of small-town charm and access to world-class attractions.
Practical Tips to Run a Successful Short-Term Rental Business in Desoto, Texas
To ensure the success and compliance of a short-term rental business in Desoto, Texas, several practical tips are essential:
Noise Regulations and Guest Communication
Inform your guests about quiet hours and noise regulations to avoid any potential fines or complaints. According to Desoto's regulations, hosts must include noise and lighting restrictions in the tenant information sheet provided to renters.
Comprehensive House Manual
Create both digital and physical house manuals that include detailed instructions, Wi-Fi passwords, and other essential information. This manual should also outline the minimum standards of conduct, such as occupancy limits, parking instructions, and trash collection details.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. This not only enhances guest convenience but also reduces the likelihood of lost keys or access issues.
Clear Parking Instructions
Provide guests with clear parking instructions, including photos of designated parking areas. This is crucial as Desoto's regulations specify that the maximum number of vehicles allowed is one car per bedroom or the maximum number that can be accommodated within the garage and driveway without extending over public rights-of-way.
By adhering to these tips, you can ensure a smooth and compliant operation, enhancing both your guests' experience and your business's reputation in Desoto, Texas.
Here is a brief list of house cleaning services and related providers in Desoto, Texas:
House Cleaning Services
HomeAdvisor Listed Services
- Various maid services and house cleaning companies, including those offering general cleaning, deep cleaning, window cleaning, and more.
Care.com Listings
- Multiple local house cleaning services with various locations in Desoto, TX, such as those at 1140 Camrose Ln, 524 N. Parks, and 512 N Hampton Rd.
Angie's List
- Top-rated house cleaners in Desoto, TX, with services including standard, deep, move-in/move-out, and emergency cleaning.
Aloha Maids
- Offers house cleaning service referrals for deep cleans, move-out cleaning, and other types of cleaning services in DeSoto, TX.
Homeaglow
- Provides professional, affordable, and background-checked house cleaners in DeSoto, TX, with services starting at $19 for a 3-hour clean.
Additional Services
General Maintenance and Repair
- Some companies listed on HomeAdvisor also offer additional services such as gutter cleaning, yard trash pick-up, and remodeling clean-up.
Commercial and Specialized Cleaning
- Services include commercial cleaning, concrete floor cleaning, carpet cleaning, and strip and wax services.
Short-Term Rental Management Fees in Desoto, Texas: A Breakdown of Costs and Services
In Desoto, Texas, the fees for managing short-term rentals, such as those on Airbnb, typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, which handle comprehensive tasks including guest communication, marketing, maintenance, and compliance with local regulations, tend to charge fees on the higher end of this spectrum. For instance, companies like Awning and GoSummer charge fees starting at 15% and 20% of revenue, respectively, with rates varying based on factors such as property size, type, location, and annual revenue.
Basic services, which might include only the essential management tasks like booking management and rent collection, may be less expensive. Additionally, property owners may incur extra fees for services like cleaning, repairs, and design, which are often not included in the standard management fee. Local regulations, such as the requirement to register the property and pay a non-refundable registration fee of $125, also need to be considered as part of the overall cost structure.