1220 Alaska Ave · Dallas, TX 75216

$165,000

3 bd · 1.0 ba · 1,176 sqft · SingleFamily public records · 11 Days on market

Built 1946 9,365 sqft lot Est $261k · 37% under

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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 +24.7/30.0
• ARV discount +15.0/15.0
• DSCR +8.0/10.0
• 1% rule +7.6/10.0
• Livability +4.0/5.0
• Rent growth +3.6/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Investor special with endless upside! This 2-bedroom home at 1220 Alaska Ave, Dallas, TX 75216 sits on a generous lot and is being sold as is. While it needs repairs, the property is packed with potential—perfect for investors, rehabbers, or cash buyers ready to bring new life to a great Dallas location. Renovate, expand, or reimagine the space to maximize value. Eligible for conventional financing, plus owner financing is available for added flexibility. Investor special with endless upside! This 2-bedroom home at 1220 Alaska Ave, Dallas, TX 75216 sits on a generous lot and is being sold as is. While it needs repairs, the property is packed with potential—perfect for investors,

Key facts

• 9,365 sq ft lot
• Garage
• Built 1946

Property features AI

Finance

• Other: Listing is active; possession at closing/funding; Special listing conditions: Standard
• Financial info: Accepts Cash and Conventional financing
• HOA & community: No homeowners association

Exterior

• Parking: Covered parking (1 space); Driveway; Garage (attached, 1-car)
• Utilities: City sewer; City water; Not in a municipal utility district
• Home design: Single-family residence; One story; Residential property
• Construction: Siding construction; Built in 1946
• Exterior features: Lot less than 0.5 acre; Subdivision: Marsalis Heights Add; Directions available

Interior

• Kitchen: Includes other appliances
• Bedrooms: 2 bedrooms (both on the main level)
• Bathrooms: 1 full bathroom
• Interior features: Cable TV available; High-speed internet available; One living area; One dining area; Other appliances
• Laundry & utility: No specific laundry details provided

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $344 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Cap rate 8.8% 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: Cedar Crest El (math 52% / reading 37%, grade F, #1,155 of 4,322 statewide, top 29%, 321 students, 100% FRL) — zoned schools average 100% FRL vs 83% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.2%/yr); 253 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 $2,075/mo this rent would consume 60% 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 $1k of loan paydown is wiped out by about $5k 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 $46k cash investment doubles in ~10 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

• Watch-outs: property tax is 2.6% of price; built in 1946 — 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 $165,000

Questions for the listing agent

1. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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.
6. 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.
7. 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: 1.26% ✓
• Cap rate: 8.79%
• Cash-on-cash: 8.94%
• DSCR: 1.40
• GRM: 6.6

CMA / ARV

• ARV (on-the-fly): $261,072
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1220 Alaska Ave	0.00mi	2/1.0 (-1)	1,176 (0%)	1mo	$165,000	$140	94
1331 Michigan Ave	0.20mi	3/2.0	1,348 (+15%)	1mo	$340,000	$252	62
338 Vermont Ave	0.49mi	2/1.0 (-1)	1,136 (-3%)	8mo	$325,000	$286	60
1417 Seevers Ave	0.50mi	2/1.0 (-1)	1,250 (+6%)	4mo	$349,900	$280	57
1207 Morrell Ave	0.60mi	3/2.0	1,258 (+7%)	0mo	$249,999	$199	56
213 W Brooklyn Ave	0.70mi	3/1.0	1,088 (-8%)	6mo	$275,000	$253	50
1215 Iowa Ave	0.73mi	3/2.0	1,204 (+2%)	9mo	$200,000	$166	50
1431 Carson St	0.54mi	3/2.0	1,345 (+14%)	1mo	$299,000	$222	46
1817 W Lakeview Dr	0.65mi	2/2.0 (-1)	1,232 (+5%)	9mo	$359,900	$292	45
1411 E Waco Ave	0.72mi	3/2.0	1,300 (+10%)	6mo	$263,800	$203	40
1311 Glen Ave	0.69mi	2/1.0 (-1)	1,040 (-12%)	9mo	$125,000	$120	36
1415 Edgemont Ave	0.75mi	3/1.0	1,008 (-14%)	9mo	$119,000	$118	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 · 4.2% rent growth · sell at horizon

5-year hold

• IRR: -1.2%
• Equity multiple: 0.95×
• Total profit: $-2,165
• Equity at exit: $24,602

10-year hold

• IRR: 9.9%
• Equity multiple: 1.81×
• Total profit: $37,504
• Equity at exit: $14,266

Cash invested: $46,200 (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 75216

• Home prices YoY: -29.7%
• Rents YoY: 4.2%
• Active inventory: 253
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $2,075 high
• Mortgage (P&I): −$865
• Tax from tax record: −$361 /mo · $4,335/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$436
• Net cashflow: $344

Break-even live

Break-even rent $1,640

Max offer price $165,000

Occupancy floor 78%

Sensitivity live

Price	-10% $437	-5% $391	+0% $344	+5% $297	+10% $251
Rent	-10% $180	-5% $262	+0% $344	+5% $426	+10% $508
Rate	-1.0pp $427	-0.5pp $386	base $344	+0.5pp $301	+1.0pp $258

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1310 Michigan Ave Dallas, TX	3.0	2.0	972	$1,900	$1.95	25d	1	0.13mi
715 Dover St Dallas, TX	3.0	2.0	1180	$1,895	$1.61	0d	1	0.26mi
1018 E Waco Ave Dallas, TX	3.0	1.0	1112	$1,395	$1.25	45d	1	0.39mi
850 S Ewing Ave Dallas, TX	1.0–2.0	1.0–2.5	1086	$2,450	$2.25	4d	2	0.43mi
1027 Morrell Ave Dallas, TX	2.0	1.0	1140	$1,800	$1.58	45d	1	0.55mi
1028 Claude St Dallas, TX	2.0	1.0	988	$1,800	$1.82	25d	1	0.57mi
1715 Ramsey Ave Dallas, TX	2.0	1.0	1092	$1,750	$1.60	25d	1	0.58mi
1210 Grant St Dallas, TX	4.0	1.0	1370	$2,050	$1.50	8d	1	0.69mi
405 S Ewing Ave Unit 309 Dallas, TX	3.0	2.0	1343	$2,875	$2.14	25d	1	0.70mi
405 S Ewing Ave Unit 406 Dallas, TX	2.0	2.0	1102	$2,550	$2.31	45d	1	0.70mi
2126 Ramsey Ave Dallas, TX	4.0	1.5	1416	$2,300	$1.62	45d	1	0.90mi
1825 Dudley Ave Dallas, TX	4.0	2.0	1228	$2,400	$1.95	3d	1	0.95mi
607 Woodbine Ave Dallas, TX	2.0	1.0	782	$1,350	$1.73	8d	1	0.97mi
948 S Corinth Street Rd Unit 6 Dallas, TX	2.0	2.0	1013	$1,625	$1.60	15d	1	0.99mi
948 S Corinth Street Rd #1 Dallas, TX	2.0	2.0	1013	$1,650	$1.63	45d	1	1.00mi
948 S Corinth Street Rd #1 Dallas, TX	2.0	2.0	1013	$1,650	$1.63	25d	1	1.00mi
948 S Corinth Street Rd #5 Dallas, TX	2.0	2.0	920	$1,550	$1.68	45d	1	1.00mi
2118 Berwick Ave Dallas, TX	3.0	2.0	1286	$2,188	$1.70	8d	1	1.03mi
2406 S Marsalis Ave Dallas, TX	2.0	1.0	956	$1,700	$1.78	45d	1	1.05mi
1805 S Zang Blvd Dallas, TX	1.0–3.0	1.0–2.0	940	$1,701	$1.81	8d	1	1.05mi
1710 Morrell Ave Dallas, TX	2.0	1.0–2.0	654	$2,069	$3.16	0d	39	1.07mi
212 Stellariga Pl Dallas, TX	2.0	2.5	1342	$2,345	$1.75	45d	1	1.08mi
2423 Maryland Ave Dallas, TX	2.0	2.0	1102	$2,350	$2.13	45d	1	1.09mi
519 Heyser Dr Dallas, TX	2.0	2.0	1300	$2,300	$1.77	25d	1	1.09mi
239 W 9th St Unit 6-226 Dallas, TX	2.0	2.0	1398	$2,098	$1.50	45d	1	1.09mi
239 W 9th St Unit 1148 Dallas, TX	2.0	2.0	1144	$2,002	$1.75	45d	1	1.09mi
2002 Dudley Ave Dallas, TX	2.0	1.0	750	$1,375	$1.83	8d	1	1.09mi
1511 Doyle Ave Dallas, TX	3.0	2.0	1262	$1,900	$1.51	8d	1	1.10mi
211 E Davis St Dallas, TX	1.0–2.0	1.0–2.0	707	$1,550	$2.19	4d	8	1.14mi
200 N Bishop Ave Unit 223 Dallas, TX	2.0	2.0	1209	$2,873	$2.38	0d	1	1.15mi
416 W 9th St Unit a Dallas, TX	4.0	2.0	1279	$2,800	$2.19	45d	1	1.18mi
422 W 9th St Unit 328 Dallas, TX	2.0	2.0	1369	$2,031	$1.48	45d	1	1.18mi
422 W 9th St Unit 1042 Dallas, TX	2.0	2.0	1301	$2,085	$1.60	45d	1	1.18mi
2610 Michigan Ave Dallas, TX	2.0	1.0	720	$1,550	$2.15	0d	1	1.22mi
111 W Davis St Dallas, TX	1.0–2.0	1.0–2.0	999	$2,961	$2.96	0d	28	1.22mi
435 W 9th St Unit E, F, G Dallas, TX	3.0	3.0	1120	$2,800	$2.50	25d	1	1.23mi
406 Lansing St Dallas, TX	2.0	2.0	1014	$2,145	$2.12	7d	1	1.26mi
615 Elsbeth St Dallas, TX	1.0–2.0	1.0	760	$1,599	$2.10	7d	2	1.27mi
335 N Marsalis Ave Dallas, TX	3.0	2.0	1260	$2,100	$1.67	45d	1	1.28mi
728 N Beckley Ave Dallas, TX	3.0	2.0	1320	$2,800	$2.12	8d	1	1.31mi

Listing history 3 events

1. 2026-04-30
   status Pending
2. 2026-04-18
   listed $165,000 Active
3. 2026-04-15
   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: $4,335 · $361/mo
• Projected year-2 tax: $4,335 · $361/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 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,901
• − Mortgage interest: −$9,243
• − Property taxes: −$4,335
• − Insurance: −$825
• − Repairs & maintenance: −$1,992
• − Management: −$1,992
• − Depreciation: −$4,800
• Taxable income: $1,714
• Est. tax owed @ 24.0%: −$411
• After-tax cash flow: $3,717/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): 55,894
• Household income: $41,386
• Rent vs Own: 44.2% rent · 55.8% 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

3 events — show timeline

• 2026-04-30 Pending — NTREIS
• 2026-04-18 Listed $165,000 NTREIS
• 2026-04-15 Sold (Public Records) — Public Records

Property tax history

+9.2%/yr

Latest (2025): $4,335 · -0.4% YoY. Source: county tax records.