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How Short-Term Rentals Improve NOI for Texas Multifamily Owners (2026)
Texas multifamily vacancy rates currently exceed 10% in Dallas-Fort Worth, Austin, and Houston, costing operators $1,200-$1,800 per vacant unit per month in lost revenue. Converting even 3-5% of a property's units to furnished short-term rentals can recover 40-70% of vacancy loss, generating $200-$600/month more per unit than leaving them empty.
Parmar Siddharthshort term rentalsDallas Apartments