6612 E Mockingbird Ln · Dallas, TX 75214

$400,000

3 bd · 2.0 ba · 1,614 sqft · SingleFamily public records · 24 Days on market

Built 1952 8,015 sqft lot Est $723k · 45% under

---

Why this score? — see what drove the D 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).

• ARV discount +15.0/15.0
• Cash flow +9.3/30.0
• Livability +4.0/5.0
• 1% rule +3.5/10.0
• Rent growth +3.0/5.0
• Schools +2.8/10.0
• DSCR +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Bring all offers!!! Location! Location! Location! In the desirable Lakewood Elementary School area, this house has refinished hardwoods, new windows, a gas fireplace, and covered patio. Priced to move. You may never have another chance to live in this area at this price. Bring all offers!

Key facts

• Gas fireplace
• Refinished hardwoods
• Covered patio

Tags

• REFINISHED HARDWOODS
• NEW WINDOWS
• GAS FIREPLACE
• COVERED PATIO

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $400k.

Deal economics

• At list price, monthly cash flow is $-293 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $348k (12.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $339k (15.2% below list).
• Recommended offer: $339k (15.2% below list) — sets the bar for 1% rule.
• Cap rate 5.4% 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: 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.
• Zoned schools: Lakewood El (math 84% / reading 87%, grade A+, #8 of 4,322 statewide, top 0%, 959 students, 7% FRL) — zoned schools average 7% FRL vs 83% district-wide (77 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 86% at this address vs 34% district-wide (+52 pts) — the actual schools serving this property are materially stronger than the Dallas ISD average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+1.8%/yr); 274 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
• This rent runs 31% of the median local income ($132k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k 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.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($394k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 15y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $339,246 (15.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.85% ✗
• Cap rate: 5.41%
• Cash-on-cash: -3.14%
• DSCR: 0.86
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $723,072
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6612 E Mockingbird Ln	0.00mi	4/1.0 (+1)	1,614 (0%)	1mo	$400,000	$248	90
6709 Belford Dr	0.31mi	3/2.0	1,684 (+4%)	2mo	$879,000	$522	76
6734 Blessing Dr	0.51mi	3/2.0	1,554 (-4%)	2mo	$649,000	$418	68
6737 Ravendale Ln	0.38mi	3/2.0	1,739 (+8%)	3mo	$885,000	$509	67
6411 Bob O Link Dr	0.46mi	3/2.0	1,736 (+8%)	3mo	$949,000	$547	64
6202 Ravendale Ln	0.63mi	3/2.0	1,569 (-3%)	3mo	$699,000	$446	63
4610 Rockaway Dr	0.53mi	2/2.0 (-1)	1,532 (-5%)	1mo	$649,900	$424	61
6565 Danbury Ln	0.73mi	3/2.0	1,684 (+4%)	2mo	$770,000	$457	57
6609 Patrick Dr	0.53mi	3/2.0	1,449 (-10%)	2mo	$649,500	$448	56
4620 Surf Dr	0.48mi	2/2.0 (-1)	1,395 (-14%)	0mo	$565,500	$405	50
6322 Ellsworth Ave	0.47mi	2/2.0 (-1)	1,397 (-13%)	1mo	$799,000	$572	50
6170 Woodcrest Ln	0.67mi	3/3.0	1,838 (+14%)	3mo	$765,000	$416	39

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 · 1.82% rent growth · sell at horizon

5-year hold

• IRR: -22.9%
• Equity multiple: 0.22×
• Total profit: $-87,287
• Equity at exit: $59,641

10-year hold

• IRR: -20.9%
• Equity multiple: -0.03×
• Total profit: $-115,269
• Equity at exit: $34,585

Cash invested: $112,000 (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 75214

• Rents YoY: 1.8%
• Active inventory: 274
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $3,392 high
• Mortgage (P&I): −$2,098
• Tax from tax record: −$709 /mo · $8,506/yr
• Insurance: −$167
• HOA: −$0
• Vacancy / Maint / Mgmt: −$712
• Net cashflow: $-293

Break-even live

Break-even rent $3,763

Max offer price $348,222

Occupancy floor —

Sensitivity live

Price	-10% $-67	-5% $-180	+0% $-293	+5% $-406	+10% $-520
Rent	-10% $-561	-5% $-427	+0% $-293	+5% $-159	+10% $-25
Rate	-1.0pp $-92	-0.5pp $-191	base $-293	+0.5pp $-397	+1.0pp $-502

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: $100,000
• Closing costs: $12,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6737 Lakefair Cir Dallas, TX	3.0	2.0	2015	$5,495	$2.73	8d	1	0.12mi
6503 E Mockingbird Ln Dallas, TX	2.0	2.0	1500	$3,400	$2.27	15d	1	0.15mi
6501 E Mockingbird Ln Dallas, TX	2.0	1.0	1100	$2,500	$2.27	23d	1	0.15mi
6724 E Mockingbird Ln Unit N/A Dallas, TX	3.0	2.0	1950	$4,250	$2.18	19d	1	0.23mi
6724 E Mockingbird Ln Dallas, TX	3.0	2.0	1950	$4,250	$2.18	25d	1	0.23mi
6721 Belford Dr Dallas, TX	3.0	2.0	1817	$4,950	$2.72	44d	1	0.34mi
6341 Sudbury Dr Dallas, TX	3.0	1.0	1200	$2,500	$2.08	44d	1	0.41mi
6820 E Mockingbird Ln Dallas, TX	4.0	2.0	2059	$4,800	$2.33	44d	1	0.46mi
4628 Surf Dr Dallas, TX	3.0	2.0	1860	$5,200	$2.80	44d	1	0.51mi
6255 Saint Moritz Ave Dallas, TX	2.0	1.0	1100	$1,850	$1.68	16d	1	0.52mi
6365 Malcolm Dr Dallas, TX	3.0	2.0	1820	$3,195	$1.76	44d	1	0.58mi
6155 E Mockingbird Ln Dallas, TX	2.0	2.0	1154	$1,485	$1.29	25d	1	0.71mi
6155 E Mockingbird Ln Dallas, TX	2.0	2.0	1104	$1,450	$1.31	44d	1	0.71mi
6461 Danbury Ln Dallas, TX	3.0	2.0	1903	$3,600	$1.89	7d	1	0.74mi
6137 Sudbury Dr Dallas, TX	3.0	2.0	1428	$3,495	$2.45	44d	1	0.76mi
6219 Penrose Ave Dallas, TX	2.0	1.0	1335	$3,200	$2.40	44d	1	0.77mi
4206 Somerville Ave Dallas, TX	3.0	3.0	2033	$4,500	$2.21	44d	1	0.88mi
7303 Bucknell Dr Dallas, TX	3.0	3.0	2148	$4,700	$2.19	4d	1	0.89mi
7303 Bucknell Dr Dallas, TX	4.0	3.0	2148	$4,700	$2.19	20d	1	0.89mi
6330 Marquita Ave Dallas, TX	3.0	2.0	1943	$4,899	$2.52	4d	1	0.92mi
4670 Amesbury Dr Dallas, TX	1.0–2.0	1.0–2.5	1070	$3,125	$2.92	0d	27	0.98mi
6418 E Lovers Ln Dallas, TX	3.0	2.0	1470	$3,290	$2.24	44d	1	0.99mi
4646 Amesbury Dr Dallas, TX	1.0–3.0	1.0–3.0	1113	$3,940	$3.54	0d	38	1.02mi
4715 Skillman St Unit A Dallas, TX	2.0	2.0	1379	$1,995	$1.45	15d	1	1.02mi
7103 Bucknell Dr Dallas, TX	4.0	3.0	2000	$4,750	$2.38	44d	1	1.04mi
5938 Sandhurst Ln #205 Dallas, TX	2.0	2.0	1050	$2,050	$1.95	8d	1	1.05mi
6037 Sandhurst Ln Unit C Dallas, TX	2.0	2.0	1346	$2,300	$1.71	8d	1	1.05mi
4601 Amesbury Dr Dallas, TX	1.0–2.0	1.0–2.0	968	$2,480	$2.56	0d	27	1.07mi
6024 E University Blvd Unit 1248 Dallas, TX	2.0	2.0	1382	$2,258	$1.63	44d	1	1.08mi
6024 E University Blvd Unit 1228 Dallas, TX	2.0	2.0	1300	$1,922	$1.48	44d	1	1.08mi
6018 E University Blvd #102 Dallas, TX	2.0	2.0	1290	$2,300	$1.78	25d	1	1.10mi
7144 Haverford Rd Dallas, TX	2.0	2.0	1514	$10,000	$6.61	14d	1	1.11mi
4612 Amesbury Dr Dallas, TX	3.0	3.0	1605	$4,580	$2.85	3d	1	1.12mi
4612 Amesbury Dr Dallas, TX	2.0	2.0	1272	$3,240	$2.55	20d	1	1.12mi
4612 Amesbury Dr Dallas, TX	2.0	2.0	1272	$3,240	$2.55	44d	1	1.12mi
7128 Haverford Rd Dallas, TX	3.0	2.0	1566	$3,895	$2.49	25d	1	1.12mi
6481 Fisher Rd Dallas, TX	3.0	2.0	1510	$3,250	$2.15	44d	1	1.12mi
4606 Amesbury Dr Dallas, TX	3.0	1.0–3.0	1088	$4,510	$4.14	0d	38	1.16mi
5920 E University Blvd Dallas, TX	2.0	1.0–2.0	912	$2,495	$2.74	2d	30	1.16mi
5932 Morningside Ave Dallas, TX	2.0	1.0	1350	$2,500	$1.85	25d	1	1.16mi

Listing history 28 events

1. 2026-04-24
   status Pending
2. 2026-04-23
   historical Active Option Contract
3. 2026-03-31
   listed $400,000 Active
4. 2026-02-12
   soldstatus
5. 2026-02-10
   soldstatus
6. 2026-02-06
   soldstatus Closed 294-char remark

   Show marketing remark (294 chars)

   Bring all offers!!! Location! Location! Location! In the desirable Lakewood Elementary School area, this house has refinished hardwoods, new windows, a gas fireplace, and covered patio. Priced to move. You may never have another chance to live in this area at this price. Bring all offers!

7. 2026-02-01
   status Pending 294-char remark

   Show marketing remark (294 chars)

   Bring all offers!!! Location! Location! Location! In the desirable Lakewood Elementary School area, this house has refinished hardwoods, new windows, a gas fireplace, and covered patio. Priced to move. You may never have another chance to live in this area at this price. Bring all offers!

8. 2025-12-05
   price $439,000 294-char remark

   Show marketing remark (294 chars)

   Bring all offers!!! Location! Location! Location! In the desirable Lakewood Elementary School area, this house has refinished hardwoods, new windows, a gas fireplace, and covered patio. Priced to move. You may never have another chance to live in this area at this price. Bring all offers!

9. 2025-10-23
   listed $445,000 Active 294-char remark

   Show marketing remark (294 chars)

   Bring all offers!!! Location! Location! Location! In the desirable Lakewood Elementary School area, this house has refinished hardwoods, new windows, a gas fireplace, and covered patio. Priced to move. You may never have another chance to live in this area at this price. Bring all offers!

10. 2019-11-01
    historical
11. 2019-09-09
    price $299,000
12. 2019-08-26
    price $309,000
13. 2019-08-19
    price $319,000
14. 2019-08-12
    price $329,000
15. 2019-08-07
    listed $339,000 Active
16. 2013-01-25
    soldstatus
17. 2012-07-06
    historical
18. 2012-07-06
    status Active
19. 2012-05-09
    status Pending
20. 2012-03-19
    price $139,900
21. 2012-03-04
    price $129,900
22. 2012-01-26
    price $145,000
23. 2012-01-20
    price $150,000
24. 2012-01-13
    price $155,900
25. 2012-01-07
    price $160,000
26. 2011-12-16
    price $169,900
27. 2011-12-07
    listed $175,000 Active
28. 2011-10-21
    soldstatus

ⓘ 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: $8,506 · $709/mo
• Projected year-2 tax: $8,506 · $709/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

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 ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,710
• − Mortgage interest: −$22,406
• − Property taxes: −$8,506
• − Insurance: −$2,000
• − Repairs & maintenance: −$3,257
• − Management: −$3,257
• − Depreciation: −$11,636
• Taxable loss: −$10,353
• Est. tax savings @ 24.0%: +$2,485
• After-tax cash flow: $-1,033/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: 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

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

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): 34,274
• Household income: $132,313
• Rent vs Own: 40.2% rent · 59.8% own
• Severe rent burden: 1464.0

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: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 16% Two or more races 9% Black 7% Asian 2%
• Hispanic origin (detail): Mexican 11% Puerto Rican 1%
• Common ancestry: Slovak 3% Italian 3% Serbian 3%
• Foreign-born: 9% · Canada, China
• Languages at home: 85% English-only · Spanish 12% Other Indo-European 1% French/Haitian/Cajun 1%

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: ▼ -988.15%
• Current HPI: 320.9124
• Rent YoY: ▲ 1.82%
• 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+128.6% since first listed

28 events — show timeline

• 2026-04-24 Pending — NTREIS
• 2026-04-23 Contingent — NTREIS
• 2026-03-31 Listed $400,000 NTREIS
• 2026-02-12 Sold (Public Records) — Public Records
• 2026-02-10 Sold (Public Records) — Public Records
• 2026-02-06 Sold (MLS) — NTREIS
• 2026-02-01 Pending — NTREIS
• 2025-12-05 Price Changed $439,000 NTREIS
• 2025-10-23 Listed $445,000 NTREIS
• 2019-11-01 Listing Removed — NTREIS
• 2019-09-09 Price Changed $299,000 NTREIS
• 2019-08-26 Price Changed $309,000 NTREIS
• 2019-08-19 Price Changed $319,000 NTREIS
• 2019-08-12 Price Changed $329,000 NTREIS
• 2019-08-07 Listed $339,000 NTREIS
• 2013-01-25 Sold (Public Records) — Public Records
• 2012-07-06 Listing Removed — NTREIS
• 2012-07-06 Relisted — NTREIS
• 2012-05-09 Pending — NTREIS
• 2012-03-19 Price Changed $139,900 NTREIS
• 2012-03-04 Price Changed $129,900 NTREIS
• 2012-01-26 Price Changed $145,000 NTREIS
• 2012-01-20 Price Changed $150,000 NTREIS
• 2012-01-13 Price Changed $155,900 NTREIS
• 2012-01-07 Price Changed $160,000 NTREIS
• 2011-12-16 Price Changed $169,900 NTREIS
• 2011-12-07 Listed $175,000 NTREIS
• 2011-10-21 Sold (Public Records) — Public Records

Property tax history

+3.1%/yr

Latest (2025): $8,506 · -11.7% YoY. Source: county tax records.