2930 Maryland Ave · Dallas, TX 75216

$169,000

2 bd · 1.0 ba · 1,022 sqft · SingleFamily public records · 198 Days on market

Built 1947 7,710 sqft lot $165/sqft · 10% below area Est $188k · 10% under

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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 +15.5/30.0
• ARV discount +12.0/15.0
• 1% rule +5.4/10.0
• DSCR +4.8/10.0
• 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 MLS

Bring your vision and transform this home into a charming cottage-style retreat. With the right updates and design touches, this property offers strong potential for added value and profit—perfect for investors or buyers looking to customize their space. This cozy home features new flooring and is conveniently located just minutes from the Dallas Zoo and near the newly developed Halperin Park. Enjoy easy access to local amenities, parks, and major highways. Don’t miss this great opportunity in a growing area of Dallas!

Key facts

• Large lot
• Front yard
• Generous backyard

Tags

• LARGE LOT
• GENEROUS BACKYARD
• FRONT YARD

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $169k.

Deal economics

• At list price, monthly cash flow is $68 ($821/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $169k).
• Recommended offer: $149k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.8% 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: 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 rising fast (+4.2%/yr); 249 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $1,753/mo this rent would consume 51% 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.

Negotiation context

• It's been on market 198 days — a 12% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y ago; this cycle's ask has dropped $30k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1947 — 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 $148,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 198 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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?
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: 1.04% ✓
• Cap rate: 6.78%
• Cash-on-cash: 1.73%
• DSCR: 1.08
• GRM: 8.0

CMA / ARV

• ARV (median comp): $187,717
• List price: $169,000
• Delta: -9.97%
• 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
3018 S Marsalis Ave	0.12mi	3/1.0 (+1)	1,002 (-2%)	10mo	$130,000	$130	78
3122 Seevers Ave	0.55mi	3/2.0 (+1)	980 (-4%)	1mo	$245,000	$250	57
3107 Alabama Ave	0.44mi	3/1.0 (+1)	916 (-10%)	3mo	$155,000	$169	55
3309 Alaska Ave	0.46mi	2/1.0	927 (-9%)	10mo	$139,900	$151	55
3139 Michigan Ave	0.37mi	3/1.0 (+1)	1,140 (+12%)	8mo	$89,900	$79	52
1446 Oakley Ave	0.64mi	2/1.0	951 (-7%)	11mo	$90,000	$95	49
3030 Utah Ave	0.26mi	3/2.0 (+1)	1,158 (+13%)	11mo	$239,900	$207	47
3119 S Denley Dr	0.55mi	3/2.0 (+1)	1,136 (+11%)	4mo	$260,000	$229	43
2420 Seevers Ave	0.74mi	3/2.0 (+1)	1,118 (+9%)	1mo	$240,000	$215	40
2503 S Marsalis Ave	0.52mi	3/2.0 (+1)	1,140 (+12%)	11mo	$215,000	$189	38
102 Mitscher Dr	0.60mi	3/2.0 (+1)	910 (-11%)	11mo	$249,000	$274	35
3535 Michigan Ave	0.71mi	3/2.0 (+1)	1,150 (+12%)	10mo	$250,000	$217	29

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: -12.0%
• Equity multiple: 0.56×
• Total profit: $-20,768
• Equity at exit: $25,198

10-year hold

• IRR: -0.9%
• Equity multiple: 0.94×
• Total profit: $-2,988
• Equity at exit: $14,612

Cash invested: $47,320 (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: 249
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,753 high
• Mortgage (P&I): −$886
• Tax from tax record: −$360 /mo · $4,321/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$368
• Net cashflow: $68

Break-even live

Break-even rent $1,667

Max offer price $169,000

Occupancy floor 91%

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: $42,250
• Closing costs: $5,070
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2826 Alaska Ave Dallas, TX	3.0	2.0	1190	$1,795	$1.51	24d	1	0.22mi
2819 Alabama Ave Dallas, TX	3.0	2.0	1218	$1,925	$1.58	44d	1	0.42mi
2423 Maryland Ave Dallas, TX	2.0	2.0	1102	$2,350	$2.13	44d	1	0.57mi
2406 S Marsalis Ave Dallas, TX	2.0	1.0	956	$1,700	$1.78	44d	1	0.61mi
2634 Seevers Ave Dallas, TX	3.0	2.0	1000	$1,800	$1.80	24d	1	0.63mi
3608 S Marsalis Ave Dallas, TX	2.0	1.0	907	$1,400	$1.54	44d	1	0.67mi
1334 Marfa Ave Dallas, TX	3.0	2.0	1100	$1,475	$1.34	44d	1	0.80mi
1618 Marfa Ave Dallas, TX	3.0	2.0	1100	$1,900	$1.73	44d	1	0.86mi
4117 S Marsalis Ave Dallas, TX	3.0	2.0	1296	$2,200	$1.70	7d	1	1.09mi
1717 Hemphill Dr Dallas, TX	3.0	1.0	1222	$1,695	$1.39	24d	1	1.09mi
3930 S Denley Dr Dallas, TX	3.0	2.0	1135	$1,900	$1.67	7d	1	1.10mi
2454 S Zang Blvd Dallas, TX	1.0–2.0	1.0	750	$1,400	$1.87	3d	14	1.12mi
3212 S Llewellyn Ave Dallas, TX	2.0	2.0	1040	$1,750	$1.68	44d	1	1.15mi
2723 Kellogg Ave Dallas, TX	3.0	2.0	1255	$1,700	$1.35	7d	1	1.18mi
3702 Conway St Dallas, TX	2.0–3.0	1.5–2.0	1033	$1,445	$1.40	1d	5	1.18mi
620 Lacewood Dr Dallas, TX	3.0	1.0	1218	$1,750	$1.44	3d	1	1.24mi
2311 Anzio Dr Dallas, TX	2.0	1.0	814	$1,350	$1.66	3d	22	1.25mi
1715 Ramsey Ave Dallas, TX	2.0	1.0	1092	$1,750	$1.60	24d	1	1.27mi
2503 Stovall Dr Dallas, TX	2.0	2.0	768	$2,300	$2.99	44d	1	1.35mi
2303 Deer Path Dr Dallas, TX	2.0	1.0	790	$1,650	$2.09	7d	1	1.35mi
3206 Kellogg Ave Dallas, TX	3.0	1.5	1076	$1,800	$1.67	44d	1	1.36mi
3828 Morning Springs Trl Dallas, TX	3.0	2.0	1399	$2,200	$1.57	22d	1	1.39mi
3311 S Vernon Ave Dallas, TX	1.0–2.0	1.0–1.5	929	$1,325	$1.43	1d	15	1.41mi
2538 Stovall Dr Dallas, TX	3.0	1.0	986	$1,625	$1.65	5d	1	1.42mi
3504 Fawn Valley Dr Dallas, TX	1.0–3.0	1.0–2.0	790	$1,188	$1.50	15d	1	1.42mi
715 Dover St Dallas, TX	3.0	2.0	1180	$1,995	$1.69	7d	1	1.42mi
3607 Fawn Valley Dr Dallas, TX	1.0–2.0	1.0	644	$1,165	$1.81	15d	1	1.43mi
3523 Fawn Valley Dr Dallas, TX	1.0–2.0	1.0–1.5	796	$1,200	$1.51	15d	1	1.48mi

Listing history 29 events

1. 2026-06-18
   days on market $169,000 Active 198 DOM
2. 2026-06-17
   days on market $169,000 Active 197 DOM
3. 2026-06-16
   days on market $169,000 Active 196 DOM
4. 2026-06-15
   days on market $169,000 Active 195 DOM
5. 2026-06-13
   pricedays on market $169,000 Active 193 DOM
6. 2026-06-09
   days on market $174,999 Active 189 DOM
7. 2026-06-08
   days on market $174,999 Active 188 DOM
8. 2026-06-07
   days on market $174,999 Active 187 DOM
9. 2026-06-04
   days on market $174,999 Active 186 DOM
10. 2026-06-03
    days on market $174,999 Active 185 DOM
11. 2026-06-02
    days on market $174,999 Active 184 DOM
12. 2026-06-02
    days on market $174,999 Active 183 DOM
13. 2026-05-31
    days on market $174,999 Active 182 DOM
14. 2026-04-27
    price $174,999 542-char remark

    Show marketing remark (542 chars)

    Bring your vision and transform this home into a charming cottage-style retreat. With the right updates and design touches, this property offers strong potential for added value and profit—perfect for investors or buyers looking to customize their space. This cozy home features new flooring and is conveniently located just minutes from the Dallas Zoo and near the newly developed Halperin Park. Enjoy easy access to local amenities, parks, and major highways. Don’t miss this great opportunity in a growing area of Dallas!

15. 2026-04-08
    price $179,999 542-char remark

    Show marketing remark (542 chars)

    Bring your vision and transform this home into a charming cottage-style retreat. With the right updates and design touches, this property offers strong potential for added value and profit—perfect for investors or buyers looking to customize their space. This cozy home features new flooring and is conveniently located just minutes from the Dallas Zoo and near the newly developed Halperin Park. Enjoy easy access to local amenities, parks, and major highways. Don’t miss this great opportunity in a growing area of Dallas!

16. 2026-04-02
    price $189,000 542-char remark

    Show marketing remark (542 chars)

    Bring your vision and transform this home into a charming cottage-style retreat. With the right updates and design touches, this property offers strong potential for added value and profit—perfect for investors or buyers looking to customize their space. This cozy home features new flooring and is conveniently located just minutes from the Dallas Zoo and near the newly developed Halperin Park. Enjoy easy access to local amenities, parks, and major highways. Don’t miss this great opportunity in a growing area of Dallas!

17. 2026-02-19
    price $169,000 542-char remark

    Show marketing remark (542 chars)

    Bring your vision and transform this home into a charming cottage-style retreat. With the right updates and design touches, this property offers strong potential for added value and profit—perfect for investors or buyers looking to customize their space. This cozy home features new flooring and is conveniently located just minutes from the Dallas Zoo and near the newly developed Halperin Park. Enjoy easy access to local amenities, parks, and major highways. Don’t miss this great opportunity in a growing area of Dallas!

18. 2026-01-29
    price $189,000 542-char remark

    Show marketing remark (542 chars)

    Bring your vision and transform this home into a charming cottage-style retreat. With the right updates and design touches, this property offers strong potential for added value and profit—perfect for investors or buyers looking to customize their space. This cozy home features new flooring and is conveniently located just minutes from the Dallas Zoo and near the newly developed Halperin Park. Enjoy easy access to local amenities, parks, and major highways. Don’t miss this great opportunity in a growing area of Dallas!

19. 2025-11-29
    listed $199,000 Active 542-char remark

    Show marketing remark (542 chars)

    Bring your vision and transform this home into a charming cottage-style retreat. With the right updates and design touches, this property offers strong potential for added value and profit—perfect for investors or buyers looking to customize their space. This cozy home features new flooring and is conveniently located just minutes from the Dallas Zoo and near the newly developed Halperin Park. Enjoy easy access to local amenities, parks, and major highways. Don’t miss this great opportunity in a growing area of Dallas!

20. 2021-10-14
    soldstatus
21. 2021-10-12
    soldstatus Sold 311-char remark

    Show marketing remark (311 chars)

    Come and see this cute 2B 1B home. Very well maintained with an amazing front and back garden, large backyard. A nice cozy home for first time buyers. Come take look and make this home yours! Buyers and buyers agent to verify SQFT, taxes and schools. Please summit best and highest offer. No survey available.

22. 2021-09-22
    status Pending 311-char remark

    Show marketing remark (311 chars)

    Come and see this cute 2B 1B home. Very well maintained with an amazing front and back garden, large backyard. A nice cozy home for first time buyers. Come take look and make this home yours! Buyers and buyers agent to verify SQFT, taxes and schools. Please summit best and highest offer. No survey available.

23. 2021-09-14
    historical Active Option Contract 311-char remark

    Show marketing remark (311 chars)

    Come and see this cute 2B 1B home. Very well maintained with an amazing front and back garden, large backyard. A nice cozy home for first time buyers. Come take look and make this home yours! Buyers and buyers agent to verify SQFT, taxes and schools. Please summit best and highest offer. No survey available.

24. 2021-09-11
    price $174,997 311-char remark

    Show marketing remark (311 chars)

    Come and see this cute 2B 1B home. Very well maintained with an amazing front and back garden, large backyard. A nice cozy home for first time buyers. Come take look and make this home yours! Buyers and buyers agent to verify SQFT, taxes and schools. Please summit best and highest offer. No survey available.

25. 2021-09-03
    listed $179,900 Active 311-char remark

    Show marketing remark (311 chars)

    Come and see this cute 2B 1B home. Very well maintained with an amazing front and back garden, large backyard. A nice cozy home for first time buyers. Come take look and make this home yours! Buyers and buyers agent to verify SQFT, taxes and schools. Please summit best and highest offer. No survey available.

26. 2018-05-01
    listed $119,900
27. 2018-05-01
    historical
28. 2018-03-06
    soldstatus
29. 2018-03-02
    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: $4,321 · $360/mo
• Projected year-2 tax: $4,321 · $360/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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,041
• − Mortgage interest: −$9,467
• − Property taxes: −$4,321
• − Insurance: −$845
• − Repairs & maintenance: −$1,683
• − Management: −$1,683
• − Depreciation: −$4,916
• Taxable loss: −$1,875
• Est. tax savings @ 24.0%: +$450
• After-tax cash flow: $1,271/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

+46.0% since first listed

16 events — show timeline

• 2026-04-27 Price Changed $174,999 NTREIS
• 2026-04-08 Price Changed $179,999 NTREIS
• 2026-04-02 Price Changed $189,000 NTREIS
• 2026-02-19 Price Changed $169,000 NTREIS
• 2026-01-29 Price Changed $189,000 NTREIS
• 2025-11-29 Listed $199,000 NTREIS
• 2021-10-14 Sold (Public Records) — Public Records
• 2021-10-12 Sold (MLS) — NTREIS
• 2021-09-22 Pending — NTREIS
• 2021-09-14 Contingent — NTREIS
• 2021-09-11 Price Changed $174,997 NTREIS
• 2021-09-03 Listed $179,900 NTREIS
• 2018-05-01 Listing Removed — NTREIS
• 2018-05-01 Listed $119,900 NTREIS
• 2018-03-06 Sold (Public Records) — Public Records
• 2018-03-02 Sold (Public Records) — Public Records

Property tax history

+6.4%/yr

Latest (2025): $4,321 · -1.7% YoY. Source: county tax records.