1703 Navaro St · 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 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- 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 +15.3/30.0
- ARV discount +15.0/15.0
- 1% rule +5.2/10.0
- DSCR +4.7/10.0
- Livability +4.0/5.0
- Schools +2.8/10.0
- Condition / age +2.5/5.0
- Rent growth +2.0/5.0
- Appreciation +0.0/10.0
$206,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Prime investment opportunity! This 4-bedroom, 1-bath home sits on a desirable corner lot and is priced to sell. Property needs extensive repairs and is being sold as-is. Making it a great opportunity for investors, builders, or buyers ready to take on a full rehab project. Conveniently located near major highways, parks, and the vibrant Bishop Arts District, offering strong potential for future value and rental demand. Don’t miss this chance to transform a property in a growing area of Dallas!
Key facts
- Corner lot
- 5,532 sq ft lot
- Built 1939
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $206k.
Deal economics
- At list price, monthly cash flow is $75 ($895/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $206k).
- Recommended offer: $187k (9.0% below list) — sets the bar for market timing.
- Cap rate 6.7% 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 soft (-1.8%/yr); 242 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
- This rent runs 31% of the median local income ($82k/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 $1k of loan paydown is wiped out by about $6k 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 93 days — a 9% lower offer ($187k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts 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 1939 — 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.
Questions for the listing agent
- It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1939 — 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
- 1.02% ✓
- Cap rate
- 6.73%
- Cash-on-cash
- 1.55%
- DSCR
- 1.07
- GRM
- 8.1
CMA / ARV
- ARV (median comp)
- $344,000
- List price
- $206,000
- Delta
- -40.12%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1715 Navaro St | 0.03mi | 3/2.0 | 1,064 (-15%) | 2mo | $349,000 | $328 | 73 |
| 1514 Walmsley Ave | 0.17mi | 4/2.0 (+1) | 1,207 (-3%) | 20mo | $319,000 | $264 | 65 |
| 2041 W Colorado Blvd | 0.72mi | 3/1.0 | 1,238 (-1%) | 5mo | $339,000 | $274 | 57 |
| 1207 Walmsley Ave | 0.42mi | 3/3.0 | 1,320 (+6%) | 12mo | $485,000 | $367 | 57 |
| 2155 Barberry Dr | 0.74mi | 2/1.0 (-1) | 1,209 (-3%) | 2mo | $435,000 | $360 | 50 |
| 1821 N Winnetka Ave | 0.41mi | 2/2.0 (-1) | 1,068 (-14%) | 2mo | $205,000 | $192 | 50 |
| 1930 Marydale Dr | 0.58mi | 2/1.0 (-1) | 1,355 (+9%) | 4mo | $515,000 | $380 | 46 |
| 2209 Lawndale Dr | 0.75mi | 2/2.0 (-1) | 1,233 (-1%) | 21mo | $395,000 | $320 | 41 |
| 1168 Clifftop Ln | 0.51mi | 2/2.5 (-1) | 1,411 (+13%) | 10mo | $429,900 | $305 | 39 |
| 2103 N Willomet Ave | 0.53mi | 2/2.5 (-1) | 1,411 (+13%) | 15mo | $445,000 | $315 | 34 |
| 1237 Clifftop Ln | 0.48mi | 2/2.5 (-1) | 1,411 (+13%) | 23mo | $450,000 | $319 | 30 |
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 · 0.0% rent growth · sell at horizon
- IRR
- -17.6%
- Equity multiple
- 0.40×
- Total profit
- $-34,676
- Equity at exit
- $30,715
- IRR
- -17.7%
- Equity multiple
- 0.18×
- Total profit
- $-47,421
- Equity at exit
- $17,811
Cash invested: $57,680 (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 75208
- Rents YoY
- -1.8%
- Active inventory
- 242
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $2,110 high interval (Pro) →
- Mortgage (P&I)
- −$1,080
- Tax from tax record
- −$426 /mo · $5,112/yr
- Insurance
- −$86
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$443
- Net cashflow
- $75
Break-even live
Sensitivity live
| Price | -10% $191 | -5% $133 | +0% $75 | +5% $16 | +10% $-42 |
|---|---|---|---|---|---|
| Rent | -10% $-92 | -5% $-9 | +0% $75 | +5% $158 | +10% $241 |
| Rate | -1.0pp $178 | -0.5pp $127 | base $75 | +0.5pp $21 | +1.0pp $-33 |
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
- $51,500
- Closing costs
- $6,180
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1330 Winding Brook Ln Unit 1367 Dallas, TX | 2.0 | 2.0 | 1027 | $1,745 | $1.70 | 0d | 1 | 0.34mi |
| 1902 Tarrant Pl Dallas, TX | 1.0–2.0 | 1.0 | 795 | $1,593 | $2.00 | 0d | 18 | 0.41mi |
| 1293 Clifftop Ln Dallas, TX | 2.0 | 2.5 | 1411 | $2,900 | $2.06 | 44d | 1 | 0.45mi |
| 1000 Fort Worth Ave Dallas, TX | 2.0–3.0 | 2.0–2.5 | 1951 | $4,722 | $2.42 | 2d | 5 | 0.56mi |
| 718 Fort Worth Ave Dallas, TX | 2.0 | 2.0 | 1163 | $2,026 | $1.74 | 20d | 1 | 0.72mi |
| 718 Fort Worth Ave Dallas, TX | 2.0 | 2.0 | 1163 | $2,026 | $1.74 | 13d | 1 | 0.72mi |
| 718 Fort Worth Ave Dallas, TX | 3.0 | 3.0 | 1452 | $2,672 | $1.84 | 22d | 1 | 0.72mi |
| 718 Fort Worth Ave Dallas, TX | 3.0 | 3.0 | 1452 | $2,672 | $1.84 | 13d | 1 | 0.72mi |
| 750 Fort Worth Ave Dallas, TX | 2.0 | 2.0 | 1268 | $2,057 | $1.62 | 44d | 1 | 0.73mi |
| 750 Fort Worth Ave Dallas, TX | 2.0 | 1.0–2.0 | 930 | $1,903 | $2.05 | 25d | 10 | 0.73mi |
| 750 Fort Worth Ave Dallas, TX | 3.0 | 1.0–2.0 | 1000 | $2,040 | $2.04 | 0d | 23 | 0.73mi |
| 2901 Borger St Apt 511 Dallas, TX | 2.0 | 2.0 | 1084 | $1,845 | $1.70 | 0d | 1 | 0.75mi |
| 710 Fort Worth Ave Dallas, TX | 2.0 | 2.0 | 1122 | $1,479 | $1.32 | 44d | 1 | 0.75mi |
| 660 Yorktown St Dallas, TX | 2.0 | 1.0–2.5 | 922 | $1,915 | $2.08 | 2d | 21 | 0.77mi |
| 941 Bayonne St Unit 941 Dallas, TX | 2.0 | 2.0 | 917 | $1,295 | $1.41 | 19d | 1 | 0.79mi |
| 941 Bayonne St Unit 939 Dallas, TX | 2.0 | 2.0 | 917 | $1,350 | $1.47 | 4d | 1 | 0.79mi |
| 3015 Chihuahua Ave Dallas, TX | 3.0 | 2.0 | 912 | $4,500 | $4.93 | 8d | 1 | 0.84mi |
| 3015 Chihuahua Ave Unit 1069902P Dallas, TX | 3.0 | 2.0 | 904 | $7,154 | $7.91 | 0d | 1 | 0.84mi |
| 990 Singleton Blvd Dallas, TX | 2.0 | 1.0–2.5 | 942 | $2,235 | $2.37 | 0d | 26 | 0.86mi |
| 1010 Singleton Blvd Unit 1047 Dallas, TX | 2.0 | 2.0 | 990 | $2,322 | $2.35 | 0d | 1 | 0.88mi |
| 996 Singleton Blvd Dallas, TX | 2.0 | 2.0 | 1203 | $1,981 | $1.65 | 3d | 1 | 0.89mi |
| 928 N Windomere Ave Unit D Dallas, TX | 2.0 | 1.0 | 875 | $1,200 | $1.37 | 8d | 1 | 0.89mi |
| 3113 Navaro St Dallas, TX | 2.0 | 2.0 | 735 | $1,600 | $2.18 | 25d | 1 | 0.90mi |
| 3113 Navaro St Unit N/A Dallas, TX | 2.0 | 2.0 | 735 | $1,800 | $2.45 | 44d | 1 | 0.90mi |
| 2400 Fort Worth Ave Dallas, TX | 1.0–3.0 | 1.0–2.0 | 1054 | $2,522 | $2.39 | 2d | 29 | 0.96mi |
| 2422 Fort Worth Ave Dallas, TX | 2.0 | 2.0 | 1180 | $2,225 | $1.89 | 5d | 1 | 0.98mi |
| 2422 Fort Worth Ave Dallas, TX | 3.0 | 2.0 | 1377 | $2,935 | $2.13 | 22d | 1 | 0.98mi |
| 2422 Fort Worth Ave Dallas, TX | 2.0 | 2.0 | 1180 | $2,225 | $1.89 | 12d | 1 | 0.98mi |
| 2422 Fort Worth Ave Dallas, TX | 3.0 | 2.0 | 1377 | $2,935 | $2.13 | 44d | 1 | 0.98mi |
| 1412 Kings Hwy Dallas, TX | 2.0 | 1.0 | 1310 | $1,850 | $1.41 | 44d | 1 | 0.98mi |
| 2511 Wedglea Dr Dallas, TX | 2.0 | 1.0–2.0 | 795 | $2,094 | $2.63 | 2d | 23 | 0.98mi |
| 1410 Kings Hwy Dallas, TX | 2.0 | 1.0 | 1310 | $1,800 | $1.37 | 44d | 1 | 0.99mi |
| 1410 Kings Hwy Unit 1412 Dallas, TX | 2.0 | 1.0 | 1310 | $1,850 | $1.41 | 44d | 1 | 0.99mi |
| 1907 Nomas St Dallas, TX | 3.0 | 2.0 | 1368 | $2,900 | $2.12 | 19d | 1 | 1.00mi |
| 455 W Commerce St Dallas, TX | 2.0 | 2.0 | 1121 | $1,810 | $1.61 | 20d | 1 | 1.00mi |
| 455 W Commerce St Dallas, TX | 2.0 | 2.0 | 1121 | $1,810 | $1.61 | 21d | 1 | 1.00mi |
| 431 W Commerce St Dallas, TX | 2.0 | 1.0 | 1037 | $2,568 | $2.48 | 25d | 1 | 1.02mi |
| 444 W Commerce St Dallas, TX | 2.0 | 1.0–2.5 | 971 | $2,193 | $2.26 | 0d | 16 | 1.04mi |
| 2505 Wedglea Dr #222 Dallas, TX | 2.0 | 2.0 | 943 | $1,795 | $1.90 | 4d | 1 | 1.04mi |
| 2505 Wedglea Dr #114 Dallas, TX | 2.0 | 2.0 | 943 | $1,599 | $1.70 | 25d | 1 | 1.06mi |
Listing history 14 events
-
2026-06-13statusdays on market $206,000 Pending 93 DOM
-
2026-06-09days on market $206,000 Active Option Contract 92 DOM
-
2026-06-08days on market $206,000 Active Option Contract 91 DOM
-
2026-06-07days on market $206,000 Active Option Contract 90 DOM
-
2026-06-04days on market $206,000 Active Option Contract 87 DOM
-
2026-06-03days on market $206,000 Active Option Contract 86 DOM
-
2026-06-02days on market $206,000 Active Option Contract 85 DOM
-
2026-06-02days on market $206,000 Active Option Contract 84 DOM
-
2026-05-31status $206,000 Active Option Contract 83 DOM
-
2026-05-31days on market $206,000 Active 83 DOM
-
2026-04-21price $206,000 505-char remark
Show marketing remark (505 chars)
Prime investment opportunity! This 4-bedroom, 1-bath home sits on a desirable corner lot and is priced to sell. Property needs extensive repairs and is being sold as-is. Making it a great opportunity for investors, builders, or buyers ready to take on a full rehab project. Conveniently located near major highways, parks, and the vibrant Bishop Arts District, offering strong potential for future value and rental demand. Don’t miss this chance to transform a property in a growing area of Dallas!
-
2026-04-21status Active 505-char remark
Show marketing remark (505 chars)
Prime investment opportunity! This 4-bedroom, 1-bath home sits on a desirable corner lot and is priced to sell. Property needs extensive repairs and is being sold as-is. Making it a great opportunity for investors, builders, or buyers ready to take on a full rehab project. Conveniently located near major highways, parks, and the vibrant Bishop Arts District, offering strong potential for future value and rental demand. Don’t miss this chance to transform a property in a growing area of Dallas!
-
2026-02-28$208,000 Active 505-char remark
Show marketing remark (505 chars)
Prime investment opportunity! This 4-bedroom, 1-bath home sits on a desirable corner lot and is priced to sell. Property needs extensive repairs and is being sold as-is. Making it a great opportunity for investors, builders, or buyers ready to take on a full rehab project. Conveniently located near major highways, parks, and the vibrant Bishop Arts District, offering strong potential for future value and rental demand. Don’t miss this chance to transform a property in a growing area of Dallas!
-
1994-10-26soldstatus
ⓘ 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
- $5,112 · $426/mo
- Projected year-2 tax
- $5,112 · $426/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 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $25,317
- − Mortgage interest
- −$11,539
- − Property taxes
- −$5,112
- − Insurance
- −$1,030
- − Repairs & maintenance
- −$2,025
- − Management
- −$2,025
- − Depreciation
- −$5,993
- Taxable loss
- −$2,407
- Est. tax savings @ 24.0%
- +$578
- After-tax cash flow
- $1,473/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
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)
- 29,367
- Household income
- $81,950
- Rent vs Own
- Severe rent burden
- 1005.0
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
- Diverse neighborhood (Simpson 0.57)
- Race & ethnicity
- Hispanic / Latino 55% White 34% Two or more races 21% Black 7% Native American 2% Asian 1%
- Hispanic origin (detail)
- Mexican 48%
- Common ancestry
- Romanian 2% Italian 2% Slovak 2%
- Foreign-born
- 22% · Canada
- Languages at home
- 56% English-only · Spanish 42% 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
- ▼ -410.06%
- Current HPI
- 393.6928
- Rent YoY
- ▼ -1.83%
- 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 |
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| Engineering / Construction | 4 | $72B |
|
||
| Energy Services | 3 | $60B |
|
||
| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-1.0% since first listed4 events — show timeline
- 2026-04-21 Price Changed $206,000 NTREIS
- 2026-04-21 Relisted — NTREIS
- 2026-02-28 Listed $208,000 NTREIS
- 1994-10-26 Sold (Public Records) — Public Records
Property tax history
+10.1%/yrLatest (2025): $5,112 · -4.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…