1419 Dallam St · Dalhart, TX 79022

$75,000

3 bd · 1.0 ba · 1,000 sqft · SingleFamily public records · 11 Days on market

Built 1960 3,920 sqft lot

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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
• DSCR +10.0/10.0
• 1% rule +9.2/10.0
• ARV discount +7.5/15.0
• Livability +3.6/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Calling all investors, flippers, or buyers! This 3-bedroom, 1-bath property sits on 2 lots with plenty of room for expansion, outdoor living, or future improvements. Features Include: Large lots with endless possibilities, Storm cellar, Covered carport, Great investment potential. This home needs some TLC but offers a fantastic opportunity to build equity and create something special. Whether you're looking for your next project or an affordable home with potential, this property is worth a look!

Key facts

• Covered carport
• 2 lots
• Investment potential

Tags

• 2 LOTS
• STORM CELLAR
• COVERED CARPORT
• INVESTMENT POTENTIAL

Property features AI

Finance

• Other: Approximate building size not displayed per guidelines
• Financial info: Annual property tax listed
• HOA & community: Not specified

Exterior

• Parking: Carport
• Security: Not specified
• Utilities: Not specified
• Home design: Single-family residence; Residential property
• Construction: Not specified
• Exterior features: Lot dimensions approximately 60 ft by 140 ft; Zoned 5000

Interior

• Kitchen: Not specified
• Bedrooms: Not specified
• Flooring: Not specified
• Bathrooms: One full bathroom
• Heating & cooling: Not specified
• Interior features: Turn left onto Dallam to access the property
• Laundry & utility: Not specified

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $337 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).

Location & tenants

• Location reads 71/100 on livability (#300 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools D, amenities F, commute F.
• Dalhart ISD (town): math 42% / reading 33% proficiency, ranked #452 of 826 in TX (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 21 active listings in the ZIP; 8 units permitted in Dallam County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Dallam County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe flood risk; major wildfire risk; extreme-heat days projected 8→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $75,000

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 1.42% ✓
• Cap rate: 11.68%
• Cash-on-cash: 19.25%
• DSCR: 1.86
• GRM: 5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.2%
• Equity multiple: 1.44×
• Total profit: $9,310
• Equity at exit: $11,183

10-year hold

• IRR: 20.2%
• Equity multiple: 2.70×
• Total profit: $35,761
• Equity at exit: $6,485

Cash invested: $21,000 (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

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 79022

• Active inventory: 21
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,062 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$78 /mo · $934/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$223
• Net cashflow: $337

Break-even live

Break-even rent $636

Max offer price $75,000

Occupancy floor 63%

Sensitivity live

Price	-10% $379	-5% $358	+0% $337	+5% $316	+10% $294
Rent	-10% $253	-5% $295	+0% $337	+5% $379	+10% $421
Rate	-1.0pp $375	-0.5pp $356	base $337	+0.5pp $317	+1.0pp $298

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-21
   days on market $75,000 Active 11 DOM
2. 2026-06-18
   days on market $75,000 Active 9 DOM
3. 2026-06-17
   days on market $75,000 Active 8 DOM
4. 2026-06-16
   days on market $75,000 Active 7 DOM
5. 2026-06-15
   days on market $75,000 Active 6 DOM
6. 2026-06-13
   days on market $75,000 Active 4 DOM
7. 2026-06-12
   days on market $75,000 Active 3 DOM
8. 2026-06-09
   remarks 501-char remark
9. 2026-06-09
   listed $75,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $934 · $78/mo
• Projected year-2 tax: $1,372 · $114/mo
• Expected delta: +$438/yr (+$37/mo · 46.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe 99% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 5/10 Major 8 d/yr ≥97°F today · 23 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,749
• − Mortgage interest: −$4,201
• − Property taxes: −$934
• − Insurance: −$375
• − Repairs & maintenance: −$1,020
• − Management: −$1,020
• − Depreciation: −$2,182
• Taxable income: $3,017
• Est. tax owed @ 24.0%: −$724
• After-tax cash flow: $3,319/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.

Schools (NCES district)

• District: Dalhart ISD
• NCES district ID: 4816200
• Math proficiency: 42% ▼ -2.00%
• Reading proficiency: 33% ▲ 1.00%
• Median HH income: $50,829
• Composite: 32.54/100
• National rank: #5697
• State rank: #452 of 826 in TX

Livability — Dalhart

• Score: 71/100
• State rank: #300
• US rank: #6830

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment B- Housing A+ Health & safety B- User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dalhart, TX
• Population (ZIP): 10,764

Population outlook (Dallam County) Hauer SSP2

• Today (2025): 7,757 people
• By 2030: 8,163 · +5.2%
• By 2040: 9,047 · +16.6%
• By 2050: 9,990 · +28.8%
• By 2075: 12,383 · +59.6%
• By 2100: 13,555 · +74.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Hispanic / Latino 46% White 45% Two or more races 22% Black 3% Native American 2%
• Hispanic origin (detail): Mexican 44%
• Common ancestry: Italian 1% Slovak 1% Polish 1%
• Foreign-born: 21% · Canada
• Languages at home: 66% English-only · Spanish 32% German/W. Germanic 2%

Political lean MEDSL · Dallam

• 2024 margin: Solid R (+78.3) · D 10.5% · R 88.8%
• 2008→2024 swing: -17.4pp toward R · 2008: -60.9pp · 2024: -78.3pp
• All cycles: 2024: R+78.3 2020: R+74.1 2016: R+67.5 2012: R+65.0 2008: R+60.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -101.60%
• Current HPI: 174.8462
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

2 events — show timeline

• 2026-06-03 Listed $75,000 AARMLS
• 2000-01-27 Sold (Public Records) — Public Records

Property tax history

+5.6%/yr

Latest (2025): $934 · -1.7% YoY. Source: county tax records.