2310 Bamboo Dr Unit J207 · Arlington, TX 76006

$100,000

2 bd · 1.0 ba · 774 sqft · Condo public records · 135 Days on market

Built 1981 $129/sqft · 21% below area Est $126k · 21% under $387/mo HOA · 31% of rent

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Why this score? — see what drove the D 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 +15.0/15.0
• 1% rule +7.6/10.0
• Cash flow +6.5/30.0
• Livability +3.9/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +2.0/5.0
• DSCR +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Wanting or needing a place conveniently located to everything DFW has to offer? This nice condo is located near HWY 360 so you've got easy access to highways to DFW Airport, Arlington Entertainment District, Dallas, Fort Worth and so much more! An upstairs unit, this condo offers just enough space for one's needs! One spacious bedroom offers two separate closets, access to the washer-dryer and ensuite bathroom. The vaulted ceiling in the living area makes the space seem larger than it is. Plenty of windows let the sunshine in, too! Laminate flooring is found in the living and dining areas. Also, there's a cozy loft space up the carpeted staircase that would make a great home office or exercise room, or a craft room! And, there's a nice balcony off the living room to easily get some fresh air! The condo is located towards the front of the complex and offers a designated parking space just steps away from the condo! And, there are community pools, a tennis court and exercise room, too! HOA covers water, sewer and pest control! Come check it out!

Key facts

• Laminate flooring
• Vaulted ceiling
• Two separate closets

Tags

• UPSTAIRS UNIT
• TWO SEPARATE CLOSETS
• ENSUITE BATHROOM
• VAULTED CEILING
• PLENTY OF WINDOWS
• LAMINATE FLOORING

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $100k.

Deal economics

• At list price, monthly cash flow is $-170 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $70k (30.1% below list).
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $70k (30.1% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 78/100 on livability (#75 in TX, #2,697 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: schools D+, crime F, commute F.
• Arlington ISD (urban): math 24% / reading 34% proficiency, ranked #629 of 826 in TX (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents soft (-2.0%/yr); 88 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k 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 135 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 19y ago; this cycle's ask has dropped $25k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.5% of price; HOA is 31% of rent.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $69,926 (30.1% 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 135 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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?
11. 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.
12. 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.
13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.26% ✓
• Cap rate: 4.25%
• Cash-on-cash: -7.30%
• DSCR: 0.68
• GRM: 6.6

CMA / ARV

• ARV (median comp): $126,422
• List price: $100,000
• Delta: -20.90%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -35.1%
• Equity multiple: -0.09×
• Total profit: $-30,422
• Equity at exit: $14,910

10-year hold

• IRR: -93.2%
• Equity multiple: -0.91×
• Total profit: $-53,435
• Equity at exit: $8,646

Cash invested: $28,000 (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 76006

• Home prices YoY: -32.5%
• Rents YoY: -2.0%
• Active inventory: 88
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,257 high
• Mortgage (P&I): −$524
• Tax from tax record: −$210 /mo · $2,524/yr
• Insurance: −$42
• HOA: −$387
• Vacancy / Maint / Mgmt: −$264
• Net cashflow: $-170

Break-even live

Break-even rent $1,473

Max offer price $69,926

Occupancy floor —

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2314 Bamboo Dr Unit I105 Arlington, TX	2.0	1.0	794	$1,465	$1.85	2d	1	0.01mi
2311 Balsam Dr Unit H208 Arlington, TX	2.0	1.0	931	$1,500	$1.61	43d	1	0.04mi
2311 Balsam Dr Arlington, TX	1.0–2.0	1.0	647	$1,250	$1.93	2d	2	0.04mi
2428 Forest Brook Ln #1211 Arlington, TX	1.0	1.0	968	$1,450	$1.50	7d	1	0.06mi
2408 Forest Oaks Ln Arlington, TX	1.0	1.0	535	$914	$1.71	13d	1	0.08mi
2408 Forest Oaks Ln Unit 282 Arlington, TX	1.0	1.0	754	$1,025	$1.36	1d	1	0.08mi
2408 Forest Oaks Ln Unit 203 Arlington, TX	1.0	1.0	657	$1,224	$1.86	43d	1	0.08mi
2408 Forest Oaks Ln Unit 394 Arlington, TX	2.0	2.0	973	$1,299	$1.34	43d	1	0.08mi
2408 Forest Oaks Ln Unit 2459 Arlington, TX	1.0	1.0	657	$1,014	$1.54	43d	1	0.08mi
2408 Forest Oaks Ln Unit 2429 Arlington, TX	1.0	1.0	535	$919	$1.72	13d	1	0.08mi
2408 Forest Oaks Ln Unit 2429 Arlington, TX	1.0	1.0	754	$1,007	$1.34	2d	1	0.08mi
2408 Forest Oaks Ln Unit 2465 Arlington, TX	2.0	2.0	973	$1,356	$1.39	2d	1	0.08mi
2403 Brown Blvd Arlington, TX	1.0–2.0	1.5–2.5	937	$1,630	$1.74	1d	6	0.09mi
2300 Bamboo Dr Unit N208 Arlington, TX	2.0	1.0	931	$1,450	$1.56	43d	1	0.10mi
2311 Basil Dr Unit C207 Arlington, TX	2.0	2.0	1031	$1,525	$1.48	2d	1	0.10mi
2311 Basil Dr Unit C105 Arlington, TX	2.0	1.0	794	$1,250	$1.57	18d	1	0.10mi
2311 Basil Dr Unit DRIVEC105 Arlington, TX	2.0	1.0	794	$1,250	$1.57	3d	1	0.10mi
2311 Basil Dr Arlington, TX	1.0–2.0	1.0–2.0	758	$1,525	$2.01	4d	2	0.10mi
2311 Basil Dr Arlington, TX	1.0–2.0	1.0	640	$1,250	$1.95	22d	2	0.10mi
2300 Bamboo Dr Arlington, TX	1.0–2.0	1.0–2.0	741	$1,525	$2.06	6d	3	0.11mi
2501 Thomason Cir Unit 304 Arlington, TX	2.0	2.0	990	$1,372	$1.39	13d	1	0.11mi
2305 Basil Dr Unit D301 Arlington, TX	1.0	1.0	535	$1,100	$2.06	17d	1	0.12mi
2512 Thomason Cir Arlington, TX	1.0	1.0	650	$1,160	$1.78	43d	1	0.12mi
2304 Balsam Dr Unit E107 Arlington, TX	2.0	1.0	808	$1,200	$1.49	43d	1	0.12mi
2300 Balsam Dr Arlington, TX	1.0	1.0	542	$1,082	$2.00	43d	3	0.15mi
2505 Thomason Cir Arlington, TX	2.0	2.0	990	$1,372	$1.39	2d	1	0.15mi
2505 Thomason Cir Arlington, TX	1.0	1.0	650	$1,172	$1.80	43d	1	0.15mi
2505 Thomason Cir Arlington, TX	1.0	1.0	650	$1,178	$1.81	12d	1	0.15mi
2505 Thomason Cir Unit 2542 Arlington, TX	2.0	2.0	884	$1,431	$1.62	2d	1	0.16mi
2505 Thomason Cir Unit 2562 Arlington, TX	2.0	2.0	884	$1,464	$1.66	43d	1	0.16mi
2505 Thomason Cir Unit 2526 Arlington, TX	1.0	1.0	650	$1,186	$1.82	2d	1	0.16mi
2505 Thomason Cir Unit 2526 Arlington, TX	1.0	1.0	650	$1,224	$1.88	13d	1	0.16mi
2557 Thomason Cir Unit 293 Arlington, TX	2.0	1.0	884	$1,249	$1.41	43d	1	0.16mi
2301 Basil Dr Arlington, TX	1.0–2.0	1.0–2.0	690	$1,450	$2.10	2d	1	0.18mi
1301 N Watson Rd Arlington, TX	1.0–2.0	1.0–2.0	750	$1,490	$1.99	7d	15	0.19mi
2506 N Forty Cir Arlington, TX	1.0–2.0	1.0–2.0	816	$1,449	$1.78	43d	11	0.22mi
2525 Silverbrook Ln Arlington, TX	2.0	2.0	1021	$1,300	$1.27	43d	1	0.26mi
2502 Burney Oaks Ln Unit 2535 Arlington, TX	3.0	2.0	1050	$1,640	$1.56	43d	1	0.29mi
2502 Burney Oaks Ln Unit 1118 Arlington, TX	1.0	1.0	620	$873	$1.41	12d	1	0.29mi
2502 Burney Oaks Ln Unit 2559 Arlington, TX	2.0	2.0	965	$1,208	$1.25	43d	1	0.29mi

HOA detail condo

• Monthly dues: $387 · $4,644/yr
• Likely covers: watersewerpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 28 events

1. 2026-06-18
   days on market $100,000 Active 135 DOM
2. 2026-06-17
   days on market $100,000 Active 134 DOM
3. 2026-06-16
   days on market $100,000 Active 133 DOM
4. 2026-06-15
   days on market $100,000 Active 132 DOM
5. 2026-06-13
   pricedays on market $100,000 Active 130 DOM
6. 2026-06-09
   days on market $117,000 Active 126 DOM
7. 2026-06-08
   days on market $117,000 Active 125 DOM
8. 2026-06-07
   days on market $117,000 Active 124 DOM
9. 2026-06-04
   days on market $117,000 Active 121 DOM
10. 2026-06-03
    days on market $117,000 Active 120 DOM
11. 2026-06-02
    days on market $117,000 Active 119 DOM
12. 2026-06-01
    days on market $117,000 Active 118 DOM
13. 2026-05-31
    days on market $117,000 Active 117 DOM
14. 2026-03-28
    price $117,000 1060-char remark

    Show marketing remark (1060 chars)

    Wanting or needing a place conveniently located to everything DFW has to offer? This nice condo is located near HWY 360 so you've got easy access to highways to DFW Airport, Arlington Entertainment District, Dallas, Fort Worth and so much more! An upstairs unit, this condo offers just enough space for one's needs! One spacious bedroom offers two separate closets, access to the washer-dryer and ensuite bathroom. The vaulted ceiling in the living area makes the space seem larger than it is. Plenty of windows let the sunshine in, too! Laminate flooring is found in the living and dining areas. Also, there's a cozy loft space up the carpeted staircase that would make a great home office or exercise room, or a craft room! And, there's a nice balcony off the living room to easily get some fresh air! The condo is located towards the front of the complex and offers a designated parking space just steps away from the condo! And, there are community pools, a tennis court and exercise room, too! HOA covers water, sewer and pest control! Come check it out!

15. 2026-02-03
    listed $125,000 Active 1060-char remark

    Show marketing remark (1060 chars)

    Wanting or needing a place conveniently located to everything DFW has to offer? This nice condo is located near HWY 360 so you've got easy access to highways to DFW Airport, Arlington Entertainment District, Dallas, Fort Worth and so much more! An upstairs unit, this condo offers just enough space for one's needs! One spacious bedroom offers two separate closets, access to the washer-dryer and ensuite bathroom. The vaulted ceiling in the living area makes the space seem larger than it is. Plenty of windows let the sunshine in, too! Laminate flooring is found in the living and dining areas. Also, there's a cozy loft space up the carpeted staircase that would make a great home office or exercise room, or a craft room! And, there's a nice balcony off the living room to easily get some fresh air! The condo is located towards the front of the complex and offers a designated parking space just steps away from the condo! And, there are community pools, a tennis court and exercise room, too! HOA covers water, sewer and pest control! Come check it out!

16. 2026-01-31
    historical
17. 2025-10-28
    price $125,000
18. 2025-09-18
    listed $140,000 Active
19. 2018-04-02
    soldstatus
20. 2018-02-23
    soldstatus Sold
21. 2018-02-02
    status Pending
22. 2018-01-25
    historical Active Option Contract
23. 2018-01-09
    listed $85,000 Active
24. 2007-08-28
    soldstatus
25. 2007-08-23
    soldstatus
26. 2007-08-14
    historical
27. 2007-06-12
    listed $56,900
28. 1987-10-24
    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: $2,524 · $210/mo
• Projected year-2 tax: $2,524 · $210/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 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 22 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: $15,086
• − Mortgage interest: −$5,602
• − Property taxes: −$2,524
• − Insurance: −$500
• − Repairs & maintenance: −$1,207
• − Management: −$1,207
• − HOA: −$4,644
• − Depreciation: −$2,909
• Taxable loss: −$3,506
• Est. tax savings @ 24.0%: +$842
• After-tax cash flow: $-1,201/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: Arlington ISD
• NCES district ID: 4808700
• Math proficiency: 24% ▼ -21.00%
• Reading proficiency: 34% ▼ -8.00%
• Median HH income: $50,873
• Composite: 25.42/100
• National rank: #7458
• State rank: #629 of 826 in TX

Livability — Arlington

• Score: 78/100
• State rank: #75
• US rank: #2697

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Arlington, TX
• County: Tarrant County · 2,033,669 people
• City population: 366,588
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 23,446
• Household income: $59,139
• Rent vs Own: 75.2% rent · 24.8% own
• Severe rent burden: 2211.0

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: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: Black 37% White 28% Hispanic / Latino 25% Two or more races 15% Asian 6%
• Hispanic origin (detail): Mexican 20% Puerto Rican 1%
• Common ancestry: Italian 1% Slovak 1% Romanian 1%
• Foreign-born: 20% · Canada, Vietnam, China
• Languages at home: 69% English-only · Spanish 21% Other Indo-European 3% Vietnamese 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: ▼ -114.85%
• Current HPI: 238.5174
• Rent YoY: ▼ -1.99%
• 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

+105.6% since first listed

15 events — show timeline

• 2026-03-28 Price Changed $117,000 NTREIS
• 2026-02-03 Listed $125,000 NTREIS
• 2026-01-31 Listing Removed — NTREIS
• 2025-10-28 Price Changed $125,000 NTREIS
• 2025-09-18 Listed $140,000 NTREIS
• 2018-04-02 Sold (Public Records) — Public Records
• 2018-02-23 Sold (MLS) — NTREIS
• 2018-02-02 Pending — NTREIS
• 2018-01-25 Contingent — NTREIS
• 2018-01-09 Listed $85,000 NTREIS
• 2007-08-28 Sold (Public Records) — Public Records
• 2007-08-23 Sold (MLS) — NTREIS
• 2007-08-14 Listing Removed — NTREIS
• 2007-06-12 Listed $56,900 NTREIS
• 1987-10-24 Sold (Public Records) — Public Records

Property tax history

+5.3%/yr

Latest (2025): $2,524 · -17.8% YoY. Source: county tax records.