Airbnb & VRBO Performance in Irving Texas.

Short-Term Rental Regulations in Irving, Texas for 2024

Registration Requirements

• All short-term rentals (STRs) must be registered annually with the City of Irving by October 1st each year, with a registration fee of $200.
• Registration must include the property address, owner information, and contact details for an agent who can respond to issues within one hour.

Operational Standards

• Designate an agent who can arrive at the STR property within one hour of being contacted by the city; the agent must be at least 21 years old.
• Post the STR registration certificate number and owner/agent contact information within the online listing.
• Provide guests with a floor plan showing fire exits and evacuation routes.
• Notify the city in writing within 3 days of any material change to the information on the STR registration application.

Taxation

• Hosts must collect and remit a 7% Hotel Occupancy Tax (HOT) on all bookings.

Safety and Maintenance

• Ensure the property is properly maintained in accordance with city building, health, and safety codes.
• Adhere to occupancy limits based on the number of bedrooms and off-street parking spaces.

Compliance and Enforcement

• Regular monitoring and compliance checks are conducted by the Code Enforcement Department to ensure adherence to building standards and local regulations.
• Failure to comply with regulations can result in fines and legal scrutiny.

Additional Requirements

• Obtain any necessary building permits from the Inspections Department if making improvements or renovations to the property.
• Establish a system for providing guests with safety information and evacuation routes.
• Respond to and resolve any complaints or violations in a timely manner.

Reporting Issues

• Report non-emergency concerns related to noise disturbances and parking complaints to the Irving Police Department non-emergency number.
• Report excessive occupancy or property maintenance concerns to Irving Code Enforcement.

Top Neighborhoods for Airbnb Revenue in Irving, Texas

1. Las Colinas

• Appeal: Las Colinas is a highly sought-after area due to its central location within the DFW metroplex, close proximity to DFW International Airport, and easy access to major highways like TX-183 and I-35. Guests appreciate the area's upscale amenities, including shopping centers, restaurants, and golf courses such as the Four Seasons.
• Revenue Potential: Properties in Las Colinas often feature modern interiors, outdoor spaces, and amenities like hot tubs and game rooms, attracting a wide range of travelers, from business travelers to families and couples.

2. Valley Ranch

• Appeal: Valley Ranch is popular for its family-friendly environment, beautiful homes, and extensive community amenities. Guests enjoy the area's peaceful atmosphere, large backyards, and proximity to recreational facilities like parks and lakes.
• Revenue Potential: The area offers a variety of spacious homes, some with pools, hot tubs, and game rooms, making it an attractive option for families and larger groups.

3. South of Las Colinas

• Appeal: This area is appealing due to its remodeled homes, modern amenities, and convenient location near major attractions such as AT&T Stadium and the Irving Arts Center. Guests also appreciate the easy access to Dallas and Arlington.
• Revenue Potential: The newly remodeled properties in this area, often featuring smart home technologies and fully equipped kitchens, attract a diverse range of guests looking for comfort and convenience.

4. Irving Lakefront Areas (e.g., Lake Lewisville)

• Appeal: The lakefront areas in Irving, such as those near Lake Lewisville, are popular for their scenic views, outdoor recreational activities like boating and fishing, and relaxing environments. Guests enjoy the peaceful retreats with amenities like pools, hot tubs, and game rooms.
• Revenue Potential: These waterfront properties, often featuring multiple bedrooms and guest houses, are highly sought after by families and groups looking for a vacation getaway with plenty of entertainment options.

5. Downtown Irving

• Appeal: Downtown Irving is attractive for its central location, proximity to the Irving Arts Center, and a variety of dining and shopping options. Guests appreciate the easy access to public transportation and the vibrant community atmosphere.
• Revenue Potential: Apartments and homes in this area, often with modern amenities and close to local attractions, are popular among business travelers, couples, and solo adventurers.

These neighborhoods are highly appealing due to their combination of convenient locations, modern amenities, and a range of recreational activities, making them top generators of Airbnb revenue in Irving, Texas.

Furnishing and Design Tips for an Inviting Airbnb in Irving, Texas

Understanding Local Preferences

• Reflect Irving's Unique Style: Incorporate elements that resonate with Irving's blend of modern and traditional aesthetics. Consider rustic, farmhouse, or contemporary styles that appeal to a wide range of guests.

Key Amenities and Features

• Outdoor Spaces: Include well-maintained outdoor areas such as backyards with privacy fences, pergolas, and amenities like fire pits or BBQ grills to enhance guest experience.
• Luxurious Comforts: Upgrade with upscale bedding, stylish furniture, and modern kitchen appliances to justify higher nightly rates and improve guest satisfaction.

Budgeting and Cost Considerations

• Bedroom Furniture: Allocate $1,000 to $2,000 per bedroom for a bedframe, mattress, nightstand, desk, and decorative items. For a 4-bedroom property, this could range from $4,000 to $8,000.
• Living Room Furniture: Budget $2,000 for a couch, coffee table, lighting, and decorative art.
• Kitchen and Dining: Plan for $500 to $1,000 for a dining table and chairs, and consider additional kitchen supplies.
• Supplies and Linens: Allocate around $300 per bedroom for sheets, towels, pillows, and other essentials. Also, budget for kitchen supplies and miscellaneous items, totaling around $2,000 for the entire property.

Design Elements

• Color Scheme and Decor: Choose colors and decor items that are cohesive and inviting. Ensure the space is not boring by adding nice colors for pillows, rugs, bedspreads, and artwork.
• Local Flavor: Incorporate local elements and unique character to make the space stand out. This could include local artwork or decor that reflects Irving's culture and history.

Functional and Stylish Choices

• Comfort and Durability: Select furniture that is both comfortable and durable. This includes beds, couches, chairs, and tables that can withstand frequent use.
• Modern Touches: Include modern amenities such as smart home devices, high-speed internet, and smart TVs to cater to tech-savvy guests.

Security and Maintenance

• Security Measures: Invest in security features like outdoor web cams, digital locks, and keyed locks on bedrooms to ensure guest safety and security.
• Regular Maintenance: Ensure the property is well-maintained, including regular cleaning, laundry, and restocking of consumables after each guest check-out.

Guest-Centric Approach

• Guest Preferences: Prioritize features that guests value, such as easy access to amenities, clean and well-maintained spaces, and a welcoming ambiance.
• Unique Touches: Add unique touches like game rooms, hot tubs, or fire pits to make the stay memorable and enhance the overall guest experience.

Discovering Irving, Texas: Local Attractions and Insider Tips for Airbnb Hosts

Local Attractions

Las Colinas

• Mandalay Canals: A Venetian-style canal system with tree-lined walkways, gondola rides, and pedal boat rentals. Perfect for a leisurely stroll or a romantic gondola ride.
• Mustangs of Las Colinas: The world’s largest equestrian sculpture, featuring nine bronze mustangs galloping across a granite stream. A must-see attraction in the heart of Las Colinas.
• Lake Carolyn: Enjoy recreational activities like paddleboarding, kayaking, or take a walk along the shoreline of this beautiful waterfront area.

Arts and Culture

• Irving Arts Center: Features two theaters, four galleries, and an outdoor sculpture garden. Hosts various art exhibitions, concerts, and theatrical performances.
• National Scouting Museum: A museum dedicated to the history of the Boy Scouts of America, with a collection of Norman Rockwell paintings and other scouting memorabilia.

Historic Sites

• Heritage House: One of the oldest homes in Irving, built in 1912. Offers tours and hosts various events like vintage fashion shows and teas.
• Heritage Park: Includes the area’s first railroad depot, library, water tower, and the 1887 Caster Cabin. Also home to the Big State Fountain Grill, an iconic soda fountain since 1948.

Entertainment

• Toyota Music Factory: A premier entertainment venue with live concerts, dining options, a movie theater, and a vibrant nightlife scene. Includes an amphitheater, outdoor plaza, and various retail and event spaces.
• Campion Trails: A 22-mile greenbelt perfect for jogging, walking, or biking. Part of the larger Las Colinas development.

Insider Tips

Dining

• The Ranch at Las Colinas: Specializes in Texas farm-to-table fare, offering a true taste of local cuisine.
• FM Smokehouse: Known for its unique barbecue offerings beyond the typical smoked brisket and ribs.
• Big State Fountain Grill: An Irving icon since 1948, offering milkshakes and old-fashioned soda fountain treats.

Nightlife

• Toyota Music Factory: A hub for live music, dining, and nightlife. Catch a show, grab a drink, or enjoy a movie at the Alamo Drafthouse Movie Theater.

Outdoor Activities

• West Irving Aquatic Center: A great place for families to spend an afternoon swimming and enjoying water activities.
• Gondola Adventures: Take a romantic gondola ride through the Mandalay Canals, especially beautiful at sunset.

Unique Experiences

• Engagement on the Canals: Over 100 couples have gotten engaged on a gondola ride overlooking Lake Carolyn. A romantic and unique experience.
• Visit the Ruth Paine House Museum: Learn about the history surrounding Lee Harvey Oswald and the Kennedy assassination at this restored home.

By sharing these attractions and insider tips, you can help your Airbnb guests make the most of their visit to Irving, Texas, and experience the city's vibrant culture, rich history, and diverse entertainment options.

Practical Tips to Run a Successful Short Term Rental Business in Irving, Texas

To ensure a smooth and successful short-term rental business in Irving, Texas, several practical tips can be implemented:

Noise Regulations and Quiet Hours

Inform your guests about the noise regulations and quiet hours to maintain a peaceful environment for both the guests and the neighbors. Include this information in your online listing and provide a reminder in the house manual to avoid any potential issues.

Comprehensive House Manual

Create both digital and physical house manuals that include detailed instructions on how to use appliances, Wi-Fi passwords, and other essential information. This manual should also outline the property's rules, emergency contact details, and evacuation routes to ensure guest safety and compliance with city regulations.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos and videos to help them navigate the premises. This not only enhances guest convenience but also reduces the likelihood of check-in issues.

Parking Instructions

Include detailed parking instructions with photos in your house manual to help guests understand where they can park and any specific rules or restrictions. This helps prevent parking complaints and ensures that guests are aware of the available parking options.

By following these tips, you can enhance the guest experience, reduce potential conflicts, and ensure your short-term rental business operates smoothly and in compliance with Irving's regulations.

Here is a brief list of house cleaning providers in Irving, Texas:

House Cleaning Providers in Irving, Texas

Dust Bunnies Inc.

• Specializes in residential cleaning, post-construction cleaning, deep cleaning, moving in and out cleaning, and office cleaning.
• Insured and bonded, with employees trained through a detailed program.
• Operating since 1988.

Merry Maids of North DFW Area

• Offers comprehensive cleaning services with 40 years of experience.
• Services include residential cleaning in Irving, Fort Worth, North Richland Hills, Bedford, and beyond.

TIDY

• Combines local cleaners with advanced technology for easy booking and customization.
• Cleaners undergo thorough background checks and verification.
• Services include residential, rental, and office cleaning.

Various Independent Cleaners

• Listed on platforms like Care.com and Angie's List, offering a range of cleaning services at different rates.
• Services vary by individual or company, including basic, deep, and specialized cleanings.

For more detailed information, including specific services and pricing, you can visit the respective websites or contact the providers directly.

Managing Short-Term Rentals in Irving, Texas: Understanding Fees and Services

In Irving, Texas, managing short-term rentals involves a range of fees that can vary significantly based on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, typically ranges from 20% to 30% of the rental revenue. For instance, companies like GoSummer charge starting at 20% of the booking revenue, excluding cleaning fees.

On the other hand, basic services or more limited management options may incur lower fees. Additional costs can include cleaning fees, repair expenses, and design or setup fees, which are often charged separately. For example, some management companies may charge a consumables fee for items like linens and toiletries, and there could be one-time fees for initial setup or tenant placement.

Understanding these fee structures is crucial for hosts to ensure they comply with Irving's regulations and maintain profitability in the short-term rental market.