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1900 Robinson St
D Composite 42.78
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 +9.6/30.0
  • Livability +4.0/5.0
  • 1% rule +3.7/10.0
  • Rent growth +3.4/5.0
  • DSCR +2.7/10.0
  • Condition / age +2.5/5.0
  • Schools +1.9/10.0
  • Appreciation +0.0/10.0

$300,000

1900 Robinson St · Irving, TX 75060
3 bd · 1.5 ba · 2,005 sqft · SingleFamily public records · 129 Days on market
Built 1967 8,015 sqft lot Est $413k · 27% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

HUD home sold in as is condition. Great 4 bedroom 2 bath home with an open floor plan. Home needs little TLC and shows great. Bring all your buyers to this home and take advantage of this great price.

Key facts

  • Large dining room
  • Converted garage
  • Private access

Tags

CONVERTED GARAGEDETACHED AUXILIARY BUILDINGPRIVATE ACCESSLARGE DINING ROOMVERSATILE FAMILY ROOMCORNER FIREPLACE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.5-bath single-family listed at $300k.

Deal economics

  • At list price, monthly cash flow is $-203 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $264k (12.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $261k (13.0% below list).
  • Recommended offer: $261k (13.0% below list) — sets the bar for 1% rule.
  • Cap rate 5.5% vs local median 2.6% in Irving — 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 80/100 on livability (#45 in TX, #1,913 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-.
  • Irving ISD (urban): math 19% / reading 25% proficiency, ranked #751 of 826 in TX (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Townley El (math 17% / reading 21%, grade F, #3,739 of 4,322 statewide, top 87%, 648 students, 87% FRL).
  • Market conditions: Rents rising (+3.5%/yr); 101 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
  • This rent runs 44% of the median local income ($72k/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 $2k of loan paydown is wiped out by about $9k 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 129 days — a 12% lower offer ($264k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 13y 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

  • 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 $261,023 (13.0% 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. It's been on market 129 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
  3. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.87%
Cap rate
5.48%
Cash-on-cash
-2.90%
DSCR
0.87
GRM
9.6

CMA / ARV

ARV (on-the-fly)
$413,030
Comps found
9
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1104 Mayleaf Dr 0.56mi 3/2.5 2,016 (+0%) 4mo $349,900 $174 65
805 Cove Holw 0.32mi 3/2.0 1,800 (-10%) 1mo $370,000 $206 65
305 W 14th St 0.34mi 4/2.0 (+1) 1,905 (-5%) 15mo $326,000 $171 56
1215 Katelyn Ct 0.64mi 3/2.5 2,074 (+3%) 16mo $429,000 $207 47
1009 W Oakdale Rd 0.47mi 4/2.5 (+1) 1,929 (-4%) 22mo $424,900 $220 44
1113 Rusdell Dr 0.58mi 4/2.0 (+1) 2,240 (+12%) 3mo $384,000 $171 44
117 W 14th St 0.38mi 4/2.0 (+1) 1,749 (-13%) 19mo $299,999 $172 38
1606 Westwood Dr 0.63mi 3/2.0 1,738 (-13%) 14mo $375,000 $216 35
411 Abraham Ct 0.56mi 4/2.0 (+1) 1,827 (-9%) 22mo $430,000 $235 34

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 · 3.45% rent growth · sell at horizon

5-year hold
IRR
-20.5%
Equity multiple
0.28×
Total profit
$-60,203
Equity at exit
$44,731
10-year hold
IRR
-12.5%
Equity multiple
0.24×
Total profit
$-63,524
Equity at exit
$25,939

Cash invested: $84,000 (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.

ZIP-level market 75060

Rents YoY
3.5%
Active inventory
101
Price-to-rent
9.6×

Monthly cashflow live

Estimated rent
$2,610 high interval (Pro) →
Mortgage (P&I)
$1,573
Tax from tax record
$567 /mo · $6,803/yr
Insurance
$125
HOA
$0
Vacancy / Maint / Mgmt
$548
Net cashflow
$-203

Break-even live

Break-even rent $2,867
Max offer price $264,124
Occupancy floor

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
$75,000
Closing costs
$9,000
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 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1208 Mayleaf Dr Unit 1019631P Irving, TX 3.0 2.0 2088 $14,729 $7.05 24d 1 0.65mi
1208 Mayleaf Dr Irving, TX 3.0 2.0 2093 $7,400 $3.54 1d 1 0.65mi
2014 Laurel Oaks Dr Irving, TX 4.0 2.0 1408 $2,550 $1.81 12d 1 0.72mi
703 E Shady Grove Rd Irving, TX 3.0 2.5 1657 $1,795 $1.08 24d 1 0.79mi
1224 Parkwood Pl Irving, TX 3.0 2.0 1417 $2,150 $1.52 7d 1 0.87mi
512 Connor Ct Irving, TX 4.0 3.0 2244 $3,100 $1.38 3d 1 0.99mi
508 S O Connor Rd Irving, TX 4.0 3.0 2244 $3,100 $1.38 3d 1 0.99mi
1403 Lakeshore Dr Irving, TX 4.0 2.5 2906 $3,350 $1.15 7d 1 1.07mi
1901 Cordova Bnd Unit 1514801P Irving, TX 4.0 3.0 2217 $10,608 $4.78 21d 1 1.13mi
2001 Pebblebrook Trl Irving, TX 4.0 3.5 2148 $3,600 $1.68 24d 1 1.19mi
2017 Meadow Lark Unit 1056404P Irving, TX 4.0 2.0 1593 $8,232 $5.17 43d 1 1.28mi
911 Tipton Rd Irving, TX 3.0 2.0 1642 $2,500 $1.52 24d 1 1.42mi
2121 Spanish Trl Irving, TX 3.0 2.0 1670 $2,400 $1.44 21d 1 1.44mi

Listing history 12 events

  1. 2026-04-09
    status Pending
  2. 2026-03-31
    historical Active Option Contract
  3. 2026-02-10
    price $300,000
  4. 2025-12-17
    status Active
  5. 2025-10-17
    status Pending
  6. 2025-10-13
    historical Active Option Contract
  7. 2025-10-01
    listed $315,000 Active
  8. 2021-04-02
    soldstatus
  9. 2013-12-28
    soldstatus Closed 200-char remark
    Show marketing remark (200 chars)

    HUD home sold in as is condition. Great 4 bedroom 2 bath home with an open floor plan. Home needs little TLC and shows great. Bring all your buyers to this home and take advantage of this great price.

  10. 2013-10-12
    status Pending 200-char remark
    Show marketing remark (200 chars)

    HUD home sold in as is condition. Great 4 bedroom 2 bath home with an open floor plan. Home needs little TLC and shows great. Bring all your buyers to this home and take advantage of this great price.

  11. 2013-10-02
    listed $75,000 Active 200-char remark
    Show marketing remark (200 chars)

    HUD home sold in as is condition. Great 4 bedroom 2 bath home with an open floor plan. Home needs little TLC and shows great. Bring all your buyers to this home and take advantage of this great price.

  12. 2002-07-11
    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
$6,803 · $567/mo
Projected year-2 tax
$6,803 · $567/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 ≥110°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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$31,323
− Mortgage interest
−$16,805
− Property taxes
−$6,803
− Insurance
−$1,500
− Repairs & maintenance
−$2,506
− Management
−$2,506
− Depreciation
−$8,727
Taxable loss
−$7,524
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,806
After-tax cash flow
$-631/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
Irving ISD
NCES district ID
4824420
Math proficiency
19% ▼ -28.00%
Reading proficiency
25% ▼ -11.00%
Median HH income
$44,870
Composite
19.06/100
National rank
#8840
State rank
#751 of 826 in TX

Livability — Irving

Score
80/100
State rank
#45
US rank
#1913

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Irving, TX
County
Dallas County · 2,612,404 people
City population
258,488
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
47,591
Household income
$71,575
Rent vs Own
35.1% rent · 64.9% own
Severe rent burden
1049.0

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 Hispanic (68%)
Race & ethnicity
Hispanic / Latino 68% Two or more races 21% White 19% Asian 6% Black 5%
Hispanic origin (detail)
Mexican 48%
Common ancestry
Lithuanian 1% Italian 1%
Foreign-born
39% · Canada, Vietnam
Languages at home
36% English-only · Spanish 58% Other Asian/Pacific 3% Other Indo-European 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
▼ -270.10%
Current HPI
337.7965
Rent YoY
▲ 3.45%
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

Price history

+300.0% since first listed
12 events — show timeline
  • 2026-04-09 Pending NTREIS
  • 2026-03-31 Contingent NTREIS
  • 2026-02-10 Price Changed $300,000 NTREIS
  • 2025-12-17 Relisted NTREIS
  • 2025-10-17 Pending NTREIS
  • 2025-10-13 Contingent NTREIS
  • 2025-10-01 Listed $315,000 NTREIS
  • 2021-04-02 Sold (Public Records) Public Records
  • 2013-12-28 Sold (MLS) NTREIS
  • 2013-10-12 Pending NTREIS
  • 2013-10-02 Listed $75,000 NTREIS
  • 2002-07-11 Sold (Public Records) Public Records

Property tax history

+5.1%/yr

Latest (2025): $6,803 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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