Ten tiny homes in Houston, currently listed on AirBnb as “The Dumble Doors,” are being sold by Sotheby’s International Realty at a total listing price of $3.3 million. The homes at 1510 Dumble Street range from 650 to 800 square feet, according to the Houston Chronicle.
“If we can’t sell them all at once, we don’t want to sell,” real estate agent Jonathan Williamson said.
Listed as an “income-producing tiny home enclave,” the property has a total of 10 units all built by Refuge and designed by local Brett Zamore Design.
Each of the Dumble Doors are at most two stories and are ideal for short-term renting.
“Typically they go for about $120 to $150 a night,” Williamson said. “They’re also available to rent all 10 houses at a time for large groups. At that point the tenant will go for about $2800 a night.”
As AirBnbs, the tiny homes have had a 90 percent occupancy rate, said Williamson, who added that if they can’t get the right price for the homes, they may just keep them as AirBnbs.
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The location of the property is a big contributor to the impressive price tag. It’s across the street from the local high school and a few blocks from Hunter Pence’s board game cafe, Coral Sword. It’s also in close proximity to the Medical Center and Downtown stadiums.
With the average home in Houston hitting $400,000, demand for tiny homes is climbing as first-time buyers are getting priced out, according to Williamson. For the prospective landlord looking at the Dumble Doors, you’re looking at a listing price of $330,000 each with the 10 homes expected to bring in about $35,000 a month on average.
The original plans for the Dumble Street lot included three- and four-story townhome units but the developers and the real estate brokerage decided against making townhomes that tower above the Eastwood neighborhood.
“We didn’t want to put four-story townhomes towering over those historic bungalows,” Williamson said. “We worked with Brett and came up with a plan that utilizes those townhomes while building something a little lower profile.”
[Houston Chronicle] — Maddy Sperling