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1208 E Daggett Ave
B+ Composite 75.97
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +4.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.0/10.0
  • Appreciation +0.0/10.0

$119,900

1208 E Daggett Ave · Fort Worth, TX 76104
3 bd · 2.0 ba · 1,301 sqft · SingleFamily public records · 23 Days on market
Built 2023 5,445 sqft lot $92/sqft · 41% below area Est $204k · 41% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Beautiful new home for sale featuring 3 bedrooms, 2 bathrooms, an open concept floor plan, and many more modern amenities throughout. The kitchen boasts a large island with upgraded countertops and energy-efficient appliances. The private primary includes an ensuite bathroom and walk-in closet. All these features and more make this home a must-see! Images may be reflective of a staged or representative unit; homes are unfurnished and features may vary by floor plan and location.

Key facts

  • 5,445 sq ft lot
  • 2 garage spots
  • Built 2023

Property features AI

Finance

  • Other: Possession at closing/funding; Listing is active and offered by TDT Realtors
  • Financial info: Listing terms: Cash; Treat as clear loan type; No second mortgage indicated
  • HOA & community: No homeowners association

Exterior

  • Parking: Attached 2-car garage that faces the front (approx. 20' x 20')
  • Security: No surveillance devices listed
  • Utilities: City water; City sewer; Not in a municipal utility district
  • Home design: Single-family residence; One story; Residential property; Built in 2023
  • Construction: Composition roof; New construction (2023)
  • Exterior features: Lot less than 0.5 acre (approx. 0.125 acre); Subdivision: Union Depot Add

Interior

  • Kitchen: Kitchen with built-in cabinets
  • Bedrooms: 3 bedrooms (all on the main level); Primary bedroom with walk-in closet
  • Flooring: Ceramic tile flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: No heating or cooling system listed
  • Interior features: Open living area (one living area); One dining area; Built-in cabinets in kitchen; Other interior finishes
  • Laundry & utility: No appliances listed

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/2.0-bath single-family listed at $120k.

Deal economics

  • At list price, monthly cash flow is $459 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $120k).
  • Recommended offer: $118k (1.5% below list) — sets the bar for market timing.
  • Cap rate 10.9% vs local median 3.9% in Fort Worth — 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 (#49 in TX, #1,954 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F.
  • Fort Worth ISD (urban): math 18% / reading 28% proficiency, ranked #742 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Van Zandt-Guinn El (math 12% / reading 22%, grade F, #3,836 of 4,322 statewide, top 91%, 338 students, 97% FRL) — zoned schools average 97% FRL vs 73% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents flat; 172 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($62k/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 $829 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 23 days — a 2% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 5y ago; this cycle's ask has dropped $30k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: property tax is 3.4% of price.
  • Climate carrying-cost: extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $118,101 (1.5% below list)

Questions for the listing agent

  1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  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
1.56%
Cap rate
10.89%
Cash-on-cash
16.42%
DSCR
1.73
GRM
5.3

CMA / ARV

ARV (median comp)
$204,318
List price
$119,900
Delta
-41.32%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1116 E Hattie St 0.33mi 3/2.0 1,334 (+2%) 3mo $225,000 $169 78
1615 E Hattie St 0.43mi 3/2.0 1,289 (-1%) 4mo $260,000 $202 75
1124 E Annie St 0.27mi 3/2.0 1,201 (-8%) 4mo $269,900 $225 71
1601 E Cannon St 0.44mi 3/2.0 1,250 (-4%) 6mo $214,999 $172 68
1832 E Broadway Ave 0.60mi 3/2.0 1,338 (+3%) 1mo $262,000 $196 66
1840 E Broadway Ave 0.61mi 3/2.0 1,338 (+3%) 1mo $262,000 $196 66
2916 Yellow Pine Ave 0.13mi 3/2.0 1,474 (+13%) 10mo $277,249 $188 64
1125 E Tucker St 0.20mi 3/2.0 1,123 (-14%) 8mo $200,000 $178 61
1601 E Leuda St 0.48mi 3/2.0 1,197 (-8%) 9mo $235,000 $196 57
1101 Freeman St 0.66mi 3/2.0 1,222 (-6%) 8mo $227,500 $186 53
1106 E Terrell Ave 0.49mi 2/2.0 (-1) 1,141 (-12%) 8mo $168,000 $147 45
1064 Bransford St 0.64mi 2/1.0 (-1) 1,210 (-7%) 9mo $185,000 $153 42

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 · 0.05% rent growth · sell at horizon

5-year hold
IRR
3.7%
Equity multiple
1.14×
Total profit
$4,574
Equity at exit
$17,877
10-year hold
IRR
9.7%
Equity multiple
1.64×
Total profit
$21,354
Equity at exit
$10,367

Cash invested: $33,572 (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 76104

Home prices YoY
-11.6%
Rents YoY
0.1%
Active inventory
172
Price-to-rent
5.3×

Monthly cashflow live

Estimated rent
$1,874 high interval (Pro) →
Mortgage (P&I)
$629
Tax from tax record
$342 /mo · $4,106/yr
Insurance
$50
HOA
$0
Vacancy / Maint / Mgmt
$393
Net cashflow
$459

Break-even live

Break-even rent $1,292
Max offer price $119,900
Occupancy floor 70%

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
$29,975
Closing costs
$3,597
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1032 E Tucker St Fort Worth, TX 3.0 2.0 1796 $2,100 $1.17 15d 1 0.23mi
612 Luxton St Unit 202 Fort Worth, TX 2.0 1.0 900 $1,095 $1.22 43d 1 0.31mi
921 E Hattie St Unit 1301587P Fort Worth, TX 3.0 3.0 1517 $4,701 $3.10 15d 1 0.39mi
1228 E Leuda St Fort Worth, TX 3.0 2.0 1388 $2,100 $1.51 43d 1 0.39mi
1521 E Cannon St Fort Worth, TX 2.0 2.0 1140 $1,600 $1.40 43d 1 0.41mi
1601 E Leuda St Fort Worth, TX 3.0 2.0 1197 $1,750 $1.46 43d 1 0.47mi
1017 E Humbolt St Fort Worth, TX 2.0 2.0 1400 $1,550 $1.11 43d 1 0.52mi
220 E Broadway Ave Unit 2121 Fort Worth, TX 2.0 2.0 1151 $1,946 $1.69 3d 1 0.65mi
220 E Broadway Ave Unit 257 Fort Worth, TX 2.0 2.0 1082 $1,944 $1.80 43d 1 0.65mi
320 E Broadway Ave Fort Worth, TX 2.0 1.0–2.0 861 $2,089 $2.42 1d 30 0.65mi
220 E Broadway Ave Fort Worth, TX 2.0 2.0 1228 $2,134 $1.74 24d 1 0.70mi
1057 E Oleander St Fort Worth, TX 3.0 2.5 1501 $2,435 $1.62 20d 1 0.72mi
1501 Avenue E Fort Worth, TX 4.0 2.5 1650 $2,195 $1.33 15d 1 0.77mi
200 W Daggett Ave Fort Worth, TX 1.0–2.0 1.0–2.0 944 $2,146 $2.27 2d 12 0.87mi
218 W Broadway Ave Fort Worth, TX 2.0 1.0–2.0 848 $2,583 $3.04 2d 19 0.87mi
650 S Main St Unit 510 Fort Worth, TX 2.0 2.0 1068 $1,614 $1.51 14d 1 0.89mi
650 S Main St Unit 707 Fort Worth, TX 2.0 2.0 1068 $1,619 $1.52 15d 1 0.89mi
650 S Main St Fort Worth, TX 1.0–2.0 1.0–2.0 944 $1,799 $1.91 2d 22 0.92mi
650 S Main St Fort Worth, TX 2.0 2.0 1257 $1,799 $1.43 14d 1 0.92mi
1332 Driess St Fort Worth, TX 3.0 2.0 1565 $1,850 $1.18 17d 1 0.92mi
1016 Bryan Ave Unit 102 Fort Worth, TX 2.0 2.5 1400 $2,500 $1.79 24d 1 0.97mi
221 W Lancaster Ave Fort Worth, TX 1.0–2.0 1.0–2.0 1122 $1,975 $1.76 6d 5 0.98mi
120 Saint Louis Ave Fort Worth, TX 1.0–2.0 1.0–2.0 1106 $2,022 $1.83 43d 7 0.99mi
1511 Illinois Ave Fort Worth, TX 4.0 2.0 1800 $2,500 $1.39 43d 1 1.00mi
1605 E Morphy St Fort Worth, TX 3.0 2.0 1090 $1,425 $1.31 2d 1 1.01mi
250 W Lancaster Ave Unit 287 Fort Worth, TX 2.0 2.0 1302 $1,846 $1.42 3d 1 1.07mi
400 S Jennings St Unit 457 Fort Worth, TX 2.0 2.0 1084 $1,521 $1.40 3d 1 1.10mi
250 W Lancaster Ave Fort Worth, TX 2.0 2.0 1302 $1,845 $1.42 43d 1 1.11mi
1310 Crawford St Fort Worth, TX 2.0 2.0 938 $1,393 $1.49 6d 1 1.11mi
1015 S Jennings Ave Unit 3121 Fort Worth, TX 3.0 2.0 1238 $1,656 $1.34 19d 1 1.12mi
1015 S Jennings Ave Unit 612 Fort Worth, TX 3.0 2.0 1238 $1,656 $1.34 3d 1 1.12mi
1015 S Jennings Ave Unit 1048 Fort Worth, TX 3.0 2.0 1238 $1,699 $1.37 43d 1 1.12mi
1015 S Jennings Ave Unit 2121 Fort Worth, TX 2.0 2.0 986 $996 $1.01 3d 1 1.12mi
1015 S Jennings Ave Unit 1072 Fort Worth, TX 2.0 2.0 986 $1,269 $1.29 12d 1 1.12mi
401 Hemphill St Unit 438 Fort Worth, TX 2.0 2.0 1085 $1,997 $1.84 3d 1 1.13mi
2621 E 12th St Fort Worth, TX 2.0 1.0 975 $1,495 $1.53 22d 1 1.13mi
1516 E Maddox Ave Fort Worth, TX 3.0 2.0 1485 $1,895 $1.28 22d 1 1.14mi
958 E Allen Ave Fort Worth, TX 3.0 3.0 1568 $4,300 $2.74 43d 1 1.14mi
969 Commerce St Fort Worth, TX 1.0–3.0 1.0–3.0 1425 $8,849 $6.21 1d 68 1.17mi
700 W Vickery Blvd Fort Worth, TX 3.0 1.0–3.5 1294 $5,399 $4.17 1d 119 1.19mi

Listing history 17 events

  1. 2026-05-15
    price $119,900 448-char remark
  2. 2026-04-28
    listed $149,900 Active 448-char remark
  3. 2026-03-03
    historical
  4. 2026-02-13
    listed $149,900 Active
  5. 2025-03-08
    historical $1,925
  6. 2025-03-03
    listed $1,925
  7. 2025-02-06
    soldstatus Closed
    Show marketing remark (483 chars)

    Beautiful new home for sale featuring 3 bedrooms, 2 bathrooms, an open concept floor plan, and many more modern amenities throughout. The kitchen boasts a large island with upgraded countertops and energy-efficient appliances. The private primary includes an ensuite bathroom and walk-in closet. All these features and more make this home a must-see! Images may be reflective of a staged or representative unit; homes are unfurnished and features may vary by floor plan and location.

  8. 2025-02-06
    listed $284,990 Active
    Show marketing remark (483 chars)

    Beautiful new home for sale featuring 3 bedrooms, 2 bathrooms, an open concept floor plan, and many more modern amenities throughout. The kitchen boasts a large island with upgraded countertops and energy-efficient appliances. The private primary includes an ensuite bathroom and walk-in closet. All these features and more make this home a must-see! Images may be reflective of a staged or representative unit; homes are unfurnished and features may vary by floor plan and location.

  9. 2025-01-22
    historical
  10. 2023-10-12
    price $284,990
  11. 2023-08-30
    price $285,990
  12. 2023-08-03
    listed $269,990 Active
  13. 2023-01-11
    historical
  14. 2022-03-24
    price $35,000
  15. 2021-02-01
    listed $40,000 Active
  16. 2021-01-12
    soldstatus
  17. 2016-06-20
    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
$4,106 · $342/mo
Projected year-2 tax
$4,106 · $342/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 8/10 Severe 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 20% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 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
$22,485
− Mortgage interest
−$6,716
− Property taxes
−$4,106
− Insurance
−$600
− Repairs & maintenance
−$1,799
− Management
−$1,799
− Depreciation
−$3,488
Taxable income
$3,978
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$955
After-tax cash flow
$4,558/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
Fort Worth ISD
NCES district ID
4819700
Math proficiency
18% ▼ -16.00%
Reading proficiency
28% ▼ -6.00%
Median HH income
$42,109
Composite
19.61/100
National rank
#8753
State rank
#742 of 826 in TX

Livability — Fort Worth

Score
80/100
State rank
#49
US rank
#1954

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Fort Worth, TX
County
Tarrant County · 2,033,669 people
City population
911,619
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
20,443
Household income
$61,658
Rent vs Own
63.1% rent · 36.9% own
Severe rent burden
1060.0

Population outlook (Tarrant County) Hauer SSP2

Today (2025)
2,380,417 people
By 2030
2,578,900 · +8.3%
By 2040
2,974,995 · +25.0%
By 2050
3,350,489 · +40.8%
By 2075
4,216,909 · +77.2%
By 2100
4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.67)
Race & ethnicity
Hispanic / Latino 45% Black 28% White 21% Two or more races 17% Asian 2%
Hispanic origin (detail)
Mexican 41% Cuban 1%
Common ancestry
Lithuanian 1% Italian 1% Arab 1%
Foreign-born
21% · Canada, Vietnam, Philippines
Languages at home
58% English-only · Spanish 37% Arabic 1% Other Indo-European 1%

Political lean MEDSL · Tarrant

2024 margin
Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
2008→2024 swing
+6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
All cycles
2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -36.10%
Current HPI
276.383
Rent YoY
▬ 0.05%
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

+199.8% since first listed
18 events — show timeline
  • 2026-05-21 Pending NTREIS
  • 2026-05-15 Price Changed $119,900 NTREIS
  • 2026-04-28 Listed $149,900 NTREIS
  • 2026-03-03 Listing Removed NTREIS
  • 2026-02-13 Listed $149,900 NTREIS
  • 2025-03-08 Rental Removed $1,925 ZUMPER1
  • 2025-03-03 Listed for Rent $1,925 ZUMPER1
  • 2025-02-06 Listed $284,990 NTREIS
  • 2025-02-06 Sold (MLS) NTREIS
  • 2025-01-22 Listing Removed NTREIS
  • 2023-10-12 Price Changed $284,990 NTREIS
  • 2023-08-30 Price Changed $285,990 NTREIS
  • 2023-08-03 Listed $269,990 NTREIS
  • 2023-01-11 Listing Removed NTREIS
  • 2022-03-24 Price Changed $35,000 NTREIS
  • 2021-02-01 Listed $40,000 NTREIS
  • 2021-01-12 Sold (Public Records) Public Records
  • 2016-06-20 Sold (Public Records) Public Records

Property tax history

+32.8%/yr

Latest (2025): $4,106 · +1009.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…