7952 Trojan St #1 · Dallas, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Livability +4.0/5.0
- Rent growth +3.6/5.0
- Schools +2.8/10.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$95,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
sold FOR cash OFFER
Key facts
- 6,229 sq ft lot
- Built 1938
- Listed 99 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $95k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $854 ($10k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $95k).
- Recommended offer: $86k (9.0% below list) — sets the bar for market timing.
- Cap rate 17.1% vs local median 2.3% in Dallas — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 81/100 on livability (#24 in TX, #1,380 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: schools C-, crime F.
- Dallas ISD (urban): math 31% / reading 36% proficiency, ranked #559 of 826 in TX (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 83% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+4.2%/yr); 249 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
- At $1,912/mo this rent would consume 55% of the median local household income ($41k/yr) (locally 2465% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Dallas County population projected at +35% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 4.2% rent growth), your $27k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 99 days — a 9% lower offer ($86k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 2.01% ✓
- Cap rate
- 17.08%
- Cash-on-cash
- 38.53%
- DSCR
- 2.71
- GRM
- 4.1
CMA / ARV
- ARV (median comp)
- $253,364
- List price
- $95,000
- Delta
- -62.50%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4702 Nome St | 0.08mi | 3/2.0 (+1) | 1,318 (+0%) | 10mo | $205,000 | $156 | 79 |
| 4732 Nome St | 0.14mi | 3/2.0 (+1) | 1,364 (+4%) | 4mo | $290,000 | $213 | 75 |
| 4623 Luzon St | 0.24mi | 3/2.0 (+1) | 1,364 (+4%) | 3mo | $285,000 | $209 | 71 |
| 7944 Hull | 0.06mi | 3/2.0 (+1) | 1,392 (+6%) | 9mo | $228,000 | $164 | 71 |
| 7739 Brownsville Ave | 0.31mi | 3/1.0 (+1) | 1,328 (+1%) | 11mo | $110,000 | $83 | 70 |
| 7944 Ivory Ln | 0.11mi | 3/2.0 (+1) | 1,400 (+7%) | 10mo | $299,999 | $214 | 66 |
| 4636 Luzon St | 0.27mi | 2/1.0 | 1,134 (-14%) | 2mo | $99,900 | $88 | 63 |
| 4712 Stokes St | 0.21mi | 3/2.0 (+1) | 1,431 (+9%) | 8mo | $205,000 | $143 | 59 |
| 4538 Cherbourg St | 0.42mi | 3/2.0 (+1) | 1,380 (+5%) | 11mo | $266,900 | $193 | 54 |
| 4510 Solar Ln | 0.28mi | 3/2.0 (+1) | 1,441 (+10%) | 10mo | $273,999 | $190 | 54 |
| 7815 Brownsville Ave | 0.27mi | 3/2.0 (+1) | 1,450 (+10%) | 9mo | $309,900 | $214 | 53 |
| 7819 Brownsville Ave | 0.26mi | 3/2.0 (+1) | 1,450 (+10%) | 11mo | $309,900 | $214 | 52 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.2% rent growth · sell at horizon
- IRR
- 36.0%
- Equity multiple
- 2.56×
- Total profit
- $41,367
- Equity at exit
- $14,165
- IRR
- 43.4%
- Equity multiple
- 5.36×
- Total profit
- $116,007
- Equity at exit
- $8,214
Cash invested: $26,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 75216
- Home prices YoY
- -29.7%
- Rents YoY
- 4.2%
- Active inventory
- 249
- Price-to-rent
- 4.1×
Monthly cashflow live
- Estimated rent
- $1,912 high interval (Pro) →
- Mortgage (P&I)
- −$498
- Tax est. 1.5%
- −$119 /mo · $1,425/yr
- Insurance
- −$40
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$402
- Net cashflow
- $854
Break-even live
Sensitivity live
| Price | -10% $920 | -5% $887 | +0% $854 | +5% $821 | +10% $788 |
|---|---|---|---|---|---|
| Rent | -10% $703 | -5% $779 | +0% $854 | +5% $930 | +10% $1,005 |
| Rate | -1.0pp $902 | -0.5pp $878 | base $854 | +0.5pp $829 | +1.0pp $804 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $23,750
- Closing costs
- $2,850
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 8 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 4717 Zealand St Dallas, TX | 3.0 | 2.0 | 1280 | $2,195 | $1.71 | 19d | 1 | 0.10mi |
| 4718 Zealand St Dallas, TX | 3.0 | 2.0 | 1280 | $2,195 | $1.71 | 19d | 1 | 0.11mi |
| 4720 Burma Rd Dallas, TX | 3.0 | 2.0 | 1318 | $1,895 | $1.44 | 44d | 1 | 0.15mi |
| 4750 Burma Rd Dallas, TX | 3.0 | 2.0 | 1090 | $1,499 | $1.38 | 24d | 1 | 0.21mi |
| 4744 Stokes St Dallas, TX | 3.0 | 2.0 | 1440 | $1,700 | $1.18 | 11d | 1 | 0.25mi |
| 3460 South Loop 12 Dallas, TX | 3.0 | 2.0 | 1048 | $1,350 | $1.29 | 24d | 1 | 1.36mi |
| 4105 Balch Dr Unit B Dallas, TX | 3.0 | 2.5 | 1524 | $1,650 | $1.08 | 24d | 1 | 1.44mi |
| 4105 Balch Dr Dallas, TX | 3.0 | 2.5 | 1464 | $1,650 | $1.13 | 44d | 1 | 1.44mi |
Listing history 3 events
-
2026-05-13status Pending 19-char remark
Show marketing remark (19 chars)
sold FOR cash OFFER
-
2026-04-16price $95,000 19-char remark
Show marketing remark (19 chars)
sold FOR cash OFFER
-
2026-02-03$145,000 Active 19-char remark
Show marketing remark (19 chars)
sold FOR cash OFFER
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 7/10 Severe 7 d/yr ≥110°F today · 24 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,946
- − Mortgage interest
- −$5,321
- − Property taxes
- −$1,425
- − Insurance
- −$475
- − Repairs & maintenance
- −$1,836
- − Management
- −$1,836
- − Depreciation
- −$2,764
- Taxable income
- $9,289
- Est. tax owed @ 24.0%
- −$2,229
- After-tax cash flow
- $8,019/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 3 photos
This property requires moderate renovations to improve its exterior and interior condition, enhancing its resale and rental value.
Repairs flagged
- Major exterior siding — Significant wear and peeling
- Major exterior paint — Visible peeling and wear
- Major flooring — Worn-out carpet
- Major interior walls/paint — Painted walls with visible wear
Value-add opportunities
- Both Paint exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics
- Both Replace carpet with hardwood or tile flooring — Hardwood or tile flooring is more durable and adds value
- Both Landscaping and curb appeal improvements — A well-maintained yard and curb appeal attract more buyers/renters
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| exterior siding · Significant wear and peeling | Major | $15,000–50,000 |
| exterior paint · Visible peeling and wear | Major | $15,000–50,000 |
| flooring · Worn-out carpet | Major | $15,000–50,000 |
| interior walls/paint · Painted walls with visible wear | Major | $15,000–50,000 |
| Total estimated repair cost · 4 items | $60,000–200,000 |
Value-add ROI direction
- Both Paint exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
- Both Replace carpet with hardwood or tile flooring — Hardwood or tile flooring is more durable and adds value ↑
- Both Landscaping and curb appeal improvements — A well-maintained yard and curb appeal attract more buyers/renters ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Dallas ISD
- NCES district ID
- 4816230
- Math proficiency
- 31% ▼ -16.00%
- Reading proficiency
- 36% ▼ -4.00%
- Median HH income
- $42,881
- Composite
- 28.41/100
- National rank
- #6763
- State rank
- #559 of 826 in TX
Livability — Dallas
- Score
- 81/100
- State rank
- #24
- US rank
- #1380
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Dallas, TX
- County
- Dallas County · 2,612,404 people
- City population
- 1,168,437
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 55,894
- Household income
- $41,386
- Rent vs Own
- Severe rent burden
- 2465.0
Population outlook (Dallas County) Hauer SSP2
- Today (2025)
- 2,979,839 people
- By 2030
- 3,191,823 · +7.1%
- By 2040
- 3,619,611 · +21.5%
- By 2050
- 4,026,915 · +35.1%
- By 2075
- 4,957,073 · +66.4%
- By 2100
- 5,508,725 · +84.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority Black (51%)
- Race & ethnicity
- Black 51% Hispanic / Latino 44% Two or more races 14% White 3%
- Hispanic origin (detail)
- Mexican 40%
- Common ancestry
- Hispanic 1%
- Foreign-born
- 17% · Canada
- Languages at home
- 62% English-only · Spanish 37%
Political lean MEDSL · Dallas
- 2024 margin
- Strong D (+22.2) · D 60.2% · R 38.0% · Other 1.8%
- 2008→2024 swing
- +6.9pp toward D · 2008: 15.3pp · 2024: 22.2pp
- All cycles
- 2024: D+22.2 2020: D+31.6 2016: D+26.2 2012: D+15.4 2008: D+15.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -126.35%
- Current HPI
- 299.1825
- Rent YoY
- ▲ 4.20%
- Metro
- Dallas-Fort Worth-Arlington, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-34.5% since first listed3 events — show timeline
- 2026-05-13 Pending — NTREIS
- 2026-04-16 Price Changed $95,000 NTREIS
- 2026-02-03 Listed $145,000 NTREIS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…