1702 Ranch Rd · Grand Prairie, 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 4/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 111°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 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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Livability +4.0/5.0
- Schools +2.8/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$90,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Endless Opportunities Await in Grand Prairie! Discover the perfect spot to build your dream home or revamp the existing trailer into a cozy getaway. This prime piece of land is conveniently located near Mike Mosley Elementary School, making it ideal for families. Enjoy the great outdoors? You're just minutes away from Joe Pool Lake, where you can explore recreational activities and nature. Additionally, Grand Prairie EpicCentral, a hub of entertainment for the whole family, is only 10 minutes away, easily accessible via Highway 360 and Interstate 20. Don't miss this incredible opportunity to turn this land into your home or a profitable investment. Act now to secure your slice of para
Key facts
- Prime piece of land
- 0.43 acre lot
- Built 1973
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $90k.
Deal economics
- At list price, monthly cash flow is $941 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $90k).
- Cap rate 18.8% vs local median 3.6% in Grand Prairie — 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 (#33 in TX, #1,660 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: commute F.
- Grand Prairie ISD (suburban): math 29% / reading 35% proficiency, ranked #572 of 826 in TX (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Mike Moseley El (math 41% / reading 48%, grade F, #1,155 of 4,322 statewide, top 29%, 614 students, 69% FRL).
- Zoned-school proficiency averages 44% at this address vs 32% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the Grand Prairie ISD average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents flat; 287 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k 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 + 0.1% rent growth), your $25k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
- Current owner paid $22k; list at $90k implies a 309% gain — meaningful room to come down on a strong offer.
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.
Questions for the listing agent
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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
- 2.25% ✓
- Cap rate
- 18.84%
- Cash-on-cash
- 44.81%
- DSCR
- 2.99
- GRM
- 3.7
CMA / ARV
- ARV (on-the-fly)
- $90,000
- Comps found
- 1
Show comp detail 1 sale within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1702 Ranch Rd | 0.00mi | 3/2.0 | 1,000 (0%) | 1mo | $90,000 | $90 | 100 |
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 · 0.08% rent growth · sell at horizon
- IRR
- 38.5%
- Equity multiple
- 2.57×
- Total profit
- $39,619
- Equity at exit
- $13,419
- IRR
- 43.4%
- Equity multiple
- 4.55×
- Total profit
- $89,494
- Equity at exit
- $7,782
Cash invested: $25,200 (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
ZIP-level market 75052
- Home prices YoY
- -26.3%
- Rents YoY
- 0.1%
- Active inventory
- 287
- Price-to-rent
- 3.7×
Monthly cashflow live
- Estimated rent
- $2,028 high interval (Pro) →
- Mortgage (P&I)
- −$472
- Tax from tax record
- −$151 /mo · $1,817/yr
- Insurance
- −$38
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$426
- Net cashflow
- $941
Break-even live
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
- $22,500
- Closing costs
- $2,700
- 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 8 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5217 Aberdean Trl Grand Prairie, TX | 3.0 | 2.0 | 1493 | $1,899 | $1.27 | 44d | 1 | 0.33mi |
| 1709 Clark Trl Grand Prairie, TX | 3.0 | 2.0 | 1500 | $1,945 | $1.30 | 24d | 1 | 0.57mi |
| 1713 Clark Trl Grand Prairie, TX | 3.0 | 2.0 | 1488 | $1,985 | $1.33 | 24d | 1 | 0.57mi |
| 1010 California Trl Grand Prairie, TX | 3.0 | 2.0 | 1352 | $2,050 | $1.52 | 44d | 1 | 0.78mi |
| 1001 Clark Trl Grand Prairie, TX | 3.0 | 2.0 | 1436 | $2,175 | $1.51 | 24d | 1 | 0.82mi |
| 918 Clark Trl Grand Prairie, TX | 3.0 | 2.0 | 1395 | $1,945 | $1.39 | 24d | 1 | 0.86mi |
| 1005 Loving Trl Grand Prairie, TX | 3.0 | 2.0 | 1500 | $1,976 | $1.32 | 14d | 1 | 0.91mi |
| 1014 Coffeyville Trl Grand Prairie, TX | 3.0 | 2.0 | 1436 | $2,149 | $1.50 | 24d | 1 | 1.02mi |
Listing history 4 events
-
2026-04-06status Pending
-
2026-04-01$90,000 Active
-
2018-05-22soldstatus $22,000
-
2001-03-13soldstatus
ⓘ 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
- $1,817 · $151/mo
- Projected year-2 tax
- $1,817 · $151/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 4/10 Moderate
- Heat 7/10 Severe 7 d/yr ≥111°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
- $24,333
- − Mortgage interest
- −$5,041
- − Property taxes
- −$1,817
- − Insurance
- −$450
- − Repairs & maintenance
- −$1,947
- − Management
- −$1,947
- − Depreciation
- −$2,618
- Taxable income
- $10,514
- Est. tax owed @ 24.0%
- −$2,523
- After-tax cash flow
- $8,770/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
- Grand Prairie ISD
- NCES district ID
- 4821420
- Math proficiency
- 29% ▼ -21.00%
- Reading proficiency
- 35% ▼ -8.00%
- Median HH income
- $51,094
- Composite
- 27.95/100
- National rank
- #6861
- State rank
- #572 of 826 in TX
Livability — Grand Prairie
- Score
- 80/100
- State rank
- #33
- US rank
- #1660
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Grand Prairie, TX
- County
- Dallas County · 2,612,404 people
- City population
- 201,439
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 97,278
- Household income
- $89,301
- Rent vs Own
- Severe rent burden
- 3118.0
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
- Highly diverse neighborhood (Simpson 0.71)
- Race & ethnicity
- Hispanic / Latino 39% Black 29% White 19% Two or more races 16% Asian 9%
- Hispanic origin (detail)
- Mexican 31% Puerto Rican 1%
- Common ancestry
- Slovak 1% Lithuanian 1% Italian 1%
- Foreign-born
- 21% · Canada, Vietnam, China
- Languages at home
- 62% English-only · Spanish 27% Vietnamese 4% Chinese 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
- ▼ -103.08%
- Current HPI
- 289.3711
- Rent YoY
- ▲ 0.08%
- 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 |
|
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+309.1% since first listed4 events — show timeline
- 2026-04-06 Pending — NTREIS
- 2026-04-01 Listed $90,000 NTREIS
- 2018-05-22 Sold (Public Records) $22,000 Public Records
- 2001-03-13 Sold (Public Records) — Public Records
Property tax history
+7.5%/yrLatest (2025): $1,817 · +0.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…