Magnolia II Plan · DeSoto, TX 75115

$524,990

4 bd · 2.5 ba · 3,430 sqft · SingleFamily · 849 Days on market

Excellent condition

---

Why this score? — see what drove the F 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 +7.5/15.0
• Condition / age +5.0/5.0
• Cash flow +3.6/30.0
• Livability +3.3/5.0
• Schools +2.6/10.0
• Rent growth +1.9/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

The Classic Series Magnolia II floor plan is a two-story home with four bedrooms and two and a half bathrooms. Features of this plan include a covered porch, formal dining, large family room, study, open kitchen with custom cabinets and island, a bedroom suite with walk-in closet and garden tub, and an upstairs game room & media room. Contact us or visit our model home for more information about building this plan.

Key facts

• Covered porch
• Custom cabinets
• Walk-in closet

Tags

• COVERED PORCH
• CUSTOM CABINETS
• WALK-IN CLOSET
• GAME ROOM

🏗️ New construction. The $524,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $581,834.

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $525k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-2k ($-21k/yr) — negative.
• To cash-flow at today's rent, offer at most $331k (37.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $289k (44.9% below list).
• Recommended offer: $289k (44.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#589 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D+, amenities F, commute F.
• Duncanville ISD (suburban): math 20% / reading 29% proficiency, ranked #711 of 826 in TX (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-2.6%/yr); 563 active listings in the ZIP; 4 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 42% of the median local income ($83k/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 $4k of loan paydown is wiped out by about $17k 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 849 days — a 12% lower offer ($462k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $289,354 (44.9% 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 849 days. Have you received any prior offers? Is the seller open to a 45% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.50% ✗
• Cap rate: 2.71%
• Cash-on-cash: -12.78%
• DSCR: 0.43
• GRM: 16.8

CMA / ARV

• ARV (median comp): $581,834
• List price: $524,990
• Delta: -9.77%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1017 Vista Ln	0.08mi	4/3.5	3,278 (-4%)	1mo	$510,000	$156	84
2037 Picnic Crk	0.18mi	4/4.0	3,479 (+1%)	10mo	$598,900	$172	75
2005 Flora Ln	0.33mi	4/3.0	3,282 (-4%)	1mo	$534,900	$163	74
2032 Picnic Crk	0.21mi	5/4.0 (+1)	3,558 (+4%)	4mo	$565,367	$159	69
2034 Cascades Ct	0.46mi	4/3.5	3,527 (+3%)	6mo	$528,000	$150	64
2009 Holland Dr	0.28mi	5/4.0 (+1)	3,558 (+4%)	9mo	$573,000	$161	62
2036 Flora Ln	0.23mi	5/3.5 (+1)	3,261 (-5%)	12mo	$549,000	$168	62
1526 Marshall Dr	0.21mi	4/3.5	3,923 (+14%)	2mo	$399,000	$102	61
816 Yosemite Dr	0.57mi	5/3.5 (+1)	3,261 (-5%)	3mo	$499,000	$153	54
833 Yosemite Dr	0.53mi	5/4.0 (+1)	3,557 (+4%)	7mo	$549,173	$154	52
1854 Masters Dr	0.65mi	4/3.0	3,000 (-12%)	1mo	$539,000	$180	46
1860 Masters Dr	0.67mi	4/3.5	3,196 (-7%)	11mo	$589,999	$185	44

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

5-year hold

• IRR: -43.3%
• Equity multiple: -0.31×
• Total profit: $-213,223
• Equity at exit: $86,753

10-year hold

• IRR: -96.5%
• Equity multiple: -1.21×
• Total profit: $-360,557
• Equity at exit: $50,306

Cash invested: $162,913 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 60 active · 5 under contract
• Months of supply: 36.0 mo (3%/mo absorbed)
• Median asking: $535,490 ($163/sqft)
• Median days on market: 821 d
• This list price: 37% of active listings are priced below it
• ARV vs active asking: +4.3% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 75115

• Rents YoY: -2.6%
• Active inventory: 563
• Price-to-rent: 15.1×

Monthly cashflow live

• Estimated rent: $2,894 medium
• Mortgage (P&I): −$3,051
• Tax est. 1.5%: −$727 /mo · $8,728/yr
• Insurance: −$242
• HOA: −$0
• Vacancy / Maint / Mgmt: −$608
• Net cashflow: $-1,735

Break-even live

Break-even rent $5,090

Max offer price $330,773

Occupancy floor —

Sensitivity live

Price	-10% $-1,333	-5% $-1,534	+0% $-1,735	+5% $-1,936	+10% $-2,137
Rent	-10% $-1,964	-5% $-1,849	+0% $-1,735	+5% $-1,621	+10% $-1,506
Rate	-1.0pp $-1,442	-0.5pp $-1,587	base $-1,735	+0.5pp $-1,886	+1.0pp $-2,039

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: $145,458
• Closing costs: $17,455
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
907 Saint George Pl Desoto, TX	4.0	2.5	2600	$3,500	$1.35	9d	1	1.02mi
1444 Pinnacle Peak Dr DeSoto, TX	3.0	2.0	3336	$1,975	$0.59	8d	1	1.35mi
1424 Cobblestone Dr Desoto, TX	5.0	3.0	2667	$8,950	$3.36	71d	1	1.39mi
1423 Cassandra Cir Desoto, TX	3.0	3.5	2367	$2,500	$1.06	13d	1	1.49mi

Listing history 50 events

1. 2026-08-08
   days on market $524,990 Active 849 DOM
2. 2026-08-06
   days on market $524,990 Active 847 DOM
3. 2026-08-05
   days on market $524,990 Active 846 DOM
4. 2026-08-04
   days on market $524,990 Active 845 DOM
5. 2026-08-03
   days on market $524,990 Active 844 DOM
6. 2026-07-31
   days on market $524,990 Active 841 DOM
7. 2026-07-30
   days on market $524,990 Active 839 DOM
8. 2026-07-28
   days on market $524,990 Active 838 DOM
9. 2026-07-26
   days on market $524,990 Active 836 DOM
10. 2026-07-24
    days on market $524,990 Active 834 DOM
11. 2026-07-23
    days on market $524,990 Active 833 DOM
12. 2026-07-22
    days on market $524,990 Active 832 DOM
13. 2026-07-21
    days on market $524,990 Active 831 DOM
14. 2026-07-20
    days on market $524,990 Active 830 DOM
15. 2026-07-18
    days on market $524,990 Active 828 DOM
16. 2026-07-18
    days on market $524,990 Active 827 DOM
17. 2026-07-16
    days on market $524,990 Active 826 DOM
18. 2026-07-15
    days on market $524,990 Active 825 DOM
19. 2026-07-14
    days on market $524,990 Active 824 DOM
20. 2026-07-13
    days on market $524,990 Active 823 DOM
21. 2026-07-13
    days on market $524,990 Active 822 DOM
22. 2026-07-11
    days on market $524,990 Active 821 DOM
23. 2026-07-10
    days on market $524,990 Active 820 DOM
24. 2026-07-09
    days on market $524,990 Active 819 DOM
25. 2026-07-07
    days on market $524,990 Active 817 DOM
26. 2026-07-06
    days on market $524,990 Active 816 DOM
27. 2026-07-06
    days on market $524,990 Active 815 DOM
28. 2026-07-05
    days on market $524,990 Active 814 DOM
29. 2026-07-03
    days on market $524,990 Active 813 DOM
30. 2026-07-02
    days on market $524,990 Active 812 DOM
31. 2026-07-01
    days on market $524,990 Active 811 DOM
32. 2026-06-30
    days on market $524,990 Active 810 DOM
33. 2026-06-29
    days on market $524,990 Active 809 DOM
34. 2026-06-28
    days on market $524,990 Active 808 DOM
35. 2026-06-27
    days on market $524,990 Active 807 DOM
36. 2026-06-26
    days on market $524,990 Active 806 DOM
37. 2026-06-24
    days on market $524,990 Active 804 DOM
38. 2026-06-22
    days on market $524,990 Active 802 DOM
39. 2026-06-21
    days on market $524,990 Active 801 DOM
40. 2026-06-18
    days on market $524,990 Active 798 DOM
41. 2026-06-17
    days on market $524,990 Active 797 DOM
42. 2026-06-16
    days on market $524,990 Active 796 DOM
43. 2026-06-15
    days on market $524,990 Active 795 DOM
44. 2026-06-13
    days on market $524,990 Active 793 DOM
45. 2026-06-13
    days on market $524,990 Active 792 DOM
46. 2026-06-09
    days on market $524,990 Active 789 DOM
47. 2026-06-08
    days on market $524,990 Active 788 DOM
48. 2026-06-07
    days on market $524,990 Active 787 DOM
49. 2026-06-04
    days on market $524,990 Active 784 DOM
50. 2026-06-03
    days on market $524,990 Active 783 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 · 25 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

Taxation est. · year 1

• Rental income: $34,722
• − Mortgage interest: −$32,592
• − Property taxes: −$8,728
• − Insurance: −$2,909
• − Repairs & maintenance: −$2,778
• − Management: −$2,778
• − Depreciation: −$16,926
• Taxable loss: −$31,988
• Est. tax savings @ 24.0%: +$7,677
• After-tax cash flow: $-13,143/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.

Condition & rehab AI · 6 photos

Excellent 100/100 None rehab

This two-story Magnolia II home in DeSoto, TX, is in excellent condition with no visible repairs needed. It offers a great opportunity for an investor to purchase a move-in-ready property with potential for further value enhancement through minor updates.

Value-add opportunities

• Both Paint exterior — Fresh paint can enhance curb appeal and property value. ↑
• Both Replace landscaping — Fresh greenery can improve curb appeal and attract potential buyers/renters. ↑
• Both Clean and organize interior — A clean and organized interior can make the home more appealing to potential buyers/renters. ↑
• Both Install smart home devices — Smart home devices can increase the home's appeal and marketability. ↑
• Both Add smart thermostat — A smart thermostat can improve energy efficiency and comfort, making the home more attractive to potential buyers/renters. ↑

F Composite school gradezoned avg 26/100

Zoned Schools

High Duncanville H S F TX #1,234/1,632 Nat'l #12,251/17,239

Schools (NCES district)

• District: Duncanville ISD
• NCES district ID: 4817640
• Math proficiency: 20% ▼ -19.00%
• Reading proficiency: 29% ▼ -7.00%
• Median HH income: $50,979
• Composite: 21.71/100
• National rank: #8270
• State rank: #711 of 826 in TX

C Composite livability gradescore 66/100

Livability — DeSoto

• Score: 66/100
• State rank: #589
• US rank: #11236

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: DeSoto, TX
• County: Dallas County · 2,979,839 people
• City population: 56,211
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 56,211
• Household income: $82,782
• Rent vs Own: 30.4% rent · 69.6% own
• Severe rent burden: 28% of renters

---

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 Black (68%)
• Race & ethnicity: Black 68% Hispanic / Latino 19% Two or more races 11% White 8%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Swedish 1%
• Foreign-born: 9% · Canada, Dominican Republic
• Languages at home: 83% English-only · Spanish 15% 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: ▼ -170.49%
• Current HPI: 272.1565
• Rent YoY: ▼ -2.60%
• 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

1 event — show timeline

• 2024-04-11 Listed $524,990 Zillow