2217 Gaylord Dr · Dallas, TX 75227

$160,000

3 bd · 1.0 ba · 1,257 sqft · SingleFamily public records · 32 Days on market

Built 1953 7,675 sqft lot $127/sqft · 35% below area Est $246k · 35% 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 +15.6/30.0
• ARV discount +15.0/15.0
• 1% rule +6.4/10.0
• DSCR +4.8/10.0
• Livability +4.0/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cozy, 3 bedroom, 1 bath brick home, located in the community of Piedmont, approximately 8 miles southeast of Downtown Dallas. Some property features include laminate & ceramic tile flooring, chair rails, tile countertops, iron & wood fencing, eat-in kitchen, and a storage building in the backyard. Property to be repaired by seller. All information is approximate and needs to be verified. No seller's disclosure available.

Key facts

• Recent updates
• Updated trim
• New garage windows

Tags

• ESTABLISHED NEIGHBORHOOD
• RECENT UPDATES
• UPDATED TRIM
• NEW GARAGE WINDOWS
• NEW BATHROOM WINDOWS
• MODERN STAND-UP SHOWER

Property features AI

Finance

• Other: No special taxing entities; No easements listed; No accessory unit; Restrictions: None
• Financial info: Listing terms: Cash or Conventional; Treat as clear loan type; No second mortgage
• HOA & community: No homeowners association

Exterior

• Parking: Attached carport; Attached 2-car garage (14 ft. wide x 20 ft. deep); 1 carport space covered (plus 2 covered spaces listed)
• Security: Carbon monoxide detector(s); Fire alarm
• Utilities: City water; City sewer; Electricity connected; Cable available
• Home design: Single family residence; Residential property; One story; Entry faces front (garage faces front)
• Construction: Brick construction; Shingle roof; Pillar/post/pier foundation; Built in 1953
• Exterior features: Covered front porch; Covered porch(es); Gutters; Storage/other structures; Gate fencing; Large backyard with grass; Few trees

Interior

• Kitchen: Kitchen (15 x 10)
• Bedrooms: 3 bedrooms (primary bedroom on level 1)
• Flooring: Hardwood; Laminate; Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (natural gas); Central air; Ceiling fans
• Interior features: Cable TV available; High-speed internet available; One living area; One dining area; One level (single story)
• Laundry & utility: Full-size washer/dryer area; Washer hookup; Electric dryer hookup; Laundry area in garage

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $66 ($797/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% 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: 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.
• Zoned schools: Thelma Elizabeth Page Richardson El (math 34% / reading 38%, grade F, #1,921 of 4,322 statewide, top 45%, 506 students, 92% FRL).
• Market conditions: Rents soft (-0.4%/yr); 179 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
• This rent runs 34% of the median local income ($64k/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 $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 32 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 19y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 3.5% of price; built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• 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 $155,200 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1953 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.14% ✓
• Cap rate: 6.79%
• Cash-on-cash: 1.78%
• DSCR: 1.08
• GRM: 7.3

CMA / ARV

• ARV (median comp): $245,778
• List price: $160,000
• Delta: -34.90%
• 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
2210 Gaylord Dr	0.03mi	4/3.0 (+1)	1,221 (-3%)	3mo	$285,000	$233	78
7341 Ravehill Ln	0.35mi	3/2.0	1,276 (+2%)	5mo	$225,000	$176	73
1905 Houghton Rd	0.51mi	3/2.0	1,322 (+5%)	0mo	$249,000	$188	63
1928 Las Cruces Ln	0.43mi	3/1.0	1,324 (+5%)	10mo	$199,900	$151	63
7810 Dugan St	0.35mi	2/2.0 (-1)	1,308 (+4%)	6mo	$199,990	$153	63
2211 San Pablo Dr	0.06mi	4/2.0 (+1)	1,435 (+14%)	5mo	$269,000	$187	61
8017 Huttig Ave	0.54mi	2/1.5 (-1)	1,272 (+1%)	7mo	$210,000	$165	60
2105 Major Dr	0.24mi	3/2.0	1,412 (+12%)	11mo	$197,777	$140	55
7328 Ravehill Ln	0.38mi	2/1.5 (-1)	1,432 (+14%)	2mo	$159,000	$111	50
2407 Santa Cruz Dr	0.56mi	3/1.5	1,416 (+13%)	11mo	$249,000	$176	42
1811 Alhambra St	0.62mi	3/1.0	1,088 (-13%)	9mo	$239,995	$221	41
1715 Alhambra St	0.71mi	3/2.0	1,412 (+12%)	13mo	$275,000	$195	32

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: -17.6%
• Equity multiple: 0.40×
• Total profit: $-26,858
• Equity at exit: $23,857

10-year hold

• IRR: -18.9%
• Equity multiple: 0.16×
• Total profit: $-37,843
• Equity at exit: $13,834

Cash invested: $44,800 (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 75227

• Home prices YoY: -30.9%
• Rents YoY: -0.4%
• Active inventory: 179
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,827 high
• Mortgage (P&I): −$839
• Tax from tax record: −$471 /mo · $5,652/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$384
• Net cashflow: $66

Break-even live

Break-even rent $1,743

Max offer price $160,000

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2104 Hillburn Dr Dallas, TX	3.0	1.5	1324	$1,850	$1.40	15d	1	0.20mi
7632 Livvie Meador Ln Dallas, TX	4.0	2.0	1719	$2,300	$1.34	43d	1	0.20mi
1959 Hillburn Dr Dallas, TX	3.0	1.0	912	$1,700	$1.86	6d	1	0.38mi
2423 Lolita Dr Dallas, TX	3.0	2.0	1040	$1,650	$1.59	3d	1	0.65mi
8127 Stonehurst St #5 Dallas, TX	2.0	1.0	1050	$1,250	$1.19	43d	1	0.89mi
8323 Lapanto Ln Unit B Dallas, TX	3.0	1.5	968	$1,375	$1.42	43d	1	0.93mi
3205 Elva Ave Dallas, TX	2.0	1.0	950	$1,500	$1.58	43d	1	0.97mi
3331 Urban Ave Dallas, TX	4.0	2.0	1827	$2,950	$1.61	43d	1	1.03mi
8534 Bearden Ln Dallas, TX	3.0	2.0	1332	$1,600	$1.20	24d	1	1.04mi
8609 Jennie Lee Ln Dallas, TX	3.0	2.0	1863	$2,300	$1.23	5d	1	1.06mi
1315 Whitley Dr Unit 1 Dallas, TX	2.0	1.0	1050	$1,600	$1.52	43d	1	1.17mi
8840 Milverton Dr Dallas, TX	3.0	1.5	1016	$1,599	$1.57	43d	1	1.26mi
1355 N Jim Miller Rd Unit 23 Dallas, TX	2.0	1.5	953	$1,100	$1.15	3d	1	1.29mi
1355 N Jim Miller Rd Unit 121 Dallas, TX	3.0	1.5	1169	$1,250	$1.07	3d	1	1.29mi
1201 Rose Garden Ave Dallas, TX	3.0	2.0	1472	$1,750	$1.19	43d	1	1.36mi
6540 Hollis Ave Dallas, TX	2.0	1.0	1612	$1,195	$0.74	3d	1	1.40mi
6442 Latta St Dallas, TX	3.0	3.0	1354	$1,795	$1.33	24d	1	1.47mi
6442 Latta St Dallas, TX	3.0	3.0	1354	$1,795	$1.33	15d	1	1.47mi
1246 Lonsdale Ave Dallas, TX	3.0	2.5	1501	$2,050	$1.37	20d	1	1.50mi
1244 Lonsdale Ave Dallas, TX	3.0	2.5	1501	$2,120	$1.41	20d	1	1.50mi

Listing history 19 events

1. 2026-06-10
   status $160,000 Pending 32 DOM
2. 2026-06-09
   days on market $160,000 Active Option Contract 32 DOM
3. 2026-06-08
   days on market $160,000 Active Option Contract 31 DOM
4. 2026-06-07
   days on market $160,000 Active Option Contract 30 DOM
5. 2026-06-04
   days on market $160,000 Active Option Contract 27 DOM
6. 2026-06-03
   statusdays on market $160,000 Active Option Contract 26 DOM
7. 2026-06-02
   days on market $160,000 Active 25 DOM
8. 2026-06-01
   days on market $160,000 Active 24 DOM
9. 2026-05-31
   days on market $160,000 Active 23 DOM
10. 2026-05-18
    historical Active Option Contract 1010-char remark
11. 2026-05-08
    listed $160,000 Active 1010-char remark
12. 2025-12-31
    historical
13. 2025-10-30
    price $190,000
14. 2025-07-26
    price $195,000
15. 2025-07-03
    listed $200,000 Active
16. 2007-08-31
    soldstatus

    Show marketing remark (436 chars)

    Cozy, 3 bedroom, 1 bath brick home, located in the community of Piedmont, approximately 8 miles southeast of Downtown Dallas. Some property features include laminate & ceramic tile flooring, chair rails, tile countertops, iron & wood fencing, eat-in kitchen, and a storage building in the backyard. Property to be repaired by seller. All information is approximate and needs to be verified. No seller's disclosure available.

17. 2007-07-03
    historical

    Show marketing remark (436 chars)

    Cozy, 3 bedroom, 1 bath brick home, located in the community of Piedmont, approximately 8 miles southeast of Downtown Dallas. Some property features include laminate & ceramic tile flooring, chair rails, tile countertops, iron & wood fencing, eat-in kitchen, and a storage building in the backyard. Property to be repaired by seller. All information is approximate and needs to be verified. No seller's disclosure available.

18. 2007-02-21
    listed $74,900

    Show marketing remark (436 chars)

    Cozy, 3 bedroom, 1 bath brick home, located in the community of Piedmont, approximately 8 miles southeast of Downtown Dallas. Some property features include laminate & ceramic tile flooring, chair rails, tile countertops, iron & wood fencing, eat-in kitchen, and a storage building in the backyard. Property to be repaired by seller. All information is approximate and needs to be verified. No seller's disclosure available.

19. 1999-04-07
    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: $5,652 · $471/mo
• Projected year-2 tax: $5,652 · $471/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 · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,921
• − Mortgage interest: −$8,962
• − Property taxes: −$5,652
• − Insurance: −$800
• − Repairs & maintenance: −$1,754
• − Management: −$1,754
• − Depreciation: −$4,655
• Taxable loss: −$1,656
• Est. tax savings @ 24.0%: +$397
• After-tax cash flow: $1,194/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): 58,319
• Household income: $64,008
• Rent vs Own: 43.7% rent · 56.3% own
• Severe rent burden: 1679.0

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 Hispanic (62%)
• Race & ethnicity: Hispanic / Latino 62% Two or more races 35% Black 28% White 8%
• Hispanic origin (detail): Mexican 56%
• Foreign-born: 27% · Canada, Vietnam
• Languages at home: 44% English-only · Spanish 55%

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: ▼ -148.56%
• Current HPI: 332.3303
• Rent YoY: ▼ -0.36%
• 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

+113.6% since first listed

13 events — show timeline

• 2026-06-09 Pending — NTREIS
• 2026-06-03 Contingent — NTREIS
• 2026-05-26 Relisted — NTREIS
• 2026-05-18 Contingent — NTREIS
• 2026-05-08 Listed $160,000 NTREIS
• 2025-12-31 Listing Removed — NTREIS
• 2025-10-30 Price Changed $190,000 NTREIS
• 2025-07-26 Price Changed $195,000 NTREIS
• 2025-07-03 Listed $200,000 NTREIS
• 2007-08-31 Sold (MLS) — NTREIS
• 2007-07-03 Listing Removed — NTREIS
• 2007-02-21 Listed $74,900 NTREIS
• 1999-04-07 Sold (Public Records) — Public Records

Property tax history

+8.2%/yr

Latest (2025): $5,652 · -0.4% YoY. Source: county tax records.