419 S Bond Ave · Dallas, TX 75211

$110,000

2 bd · 1.0 ba · 672 sqft · SingleFamily public records · 17 Days on market

Built 1951 8,886 sqft lot Est $201k · 45% 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 +22.6/30.0
• ARV discount +15.0/15.0
• 1% rule +8.2/10.0
• DSCR +7.2/10.0
• Livability +4.0/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Rent growth +1.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Needs lots of repairs. Cash Only!

Key facts

• Substantial repairs
• Full renovation
• Convenient location

Tags

• FULL RENOVATION
• REHAB AND RENTAL HOLD
• POTENTIAL REDEVELOPMENT
• SUBSTANTIAL REPAIRS
• CONVENIENT LOCATION

Property features AI

Finance

• Other: Property listed as Active and For Sale; Possession at closing/funding
• Financial info: Listing terms include cash and other
• HOA & community: No association

Exterior

• Parking: Driveway parking
• Utilities: City water; City sewer; Overhead utilities; Not in a municipal utility district
• Home design: Single family residence; Residential property; Not attached to another unit
• Construction: Built in 1951; Wood construction; Composition roof; Bois DArc post foundation
• Exterior features: Lot smaller than 0.5 acre; Subdivision: Arcadia Park; Directions: From S Walton Walker Blvd, turn right onto W Jefferson Blvd, turn right onto S Bond Ave. House will be on the right.

Interior

• Kitchen: Kitchen on the main level; No appliances listed
• Bedrooms: 2 bedrooms (both on the main level); Primary bedroom on the main level
• Flooring: Other flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Other heating; Other cooling
• Interior features: One level layout; Total of 4 rooms; One living area; One dining area; No listed appliances; Other interior features
• Laundry & utility: No laundry appliances listed

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $187 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Recommended offer: $108k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.3% 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: Arcadia Park El (math 34% / reading 26%, grade F, #2,500 of 4,322 statewide, top 58%, 571 students, 91% FRL).
• Market conditions: Rents falling (-3.9%/yr); 161 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
• This rent runs 31% of the median local income ($57k/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 $761 of loan paydown is wiped out by about $3k 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 17 days — a 2% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 21y 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 3.7% of price; built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• 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 $108,350 (1.5% below list)

Questions for the listing agent

1. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.32% ✓
• Cap rate: 8.33%
• Cash-on-cash: 7.27%
• DSCR: 1.32
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $200,928
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
407 S Bond Ave	0.03mi	2/1.0	720 (+7%)	23mo	$214,999	$299	67
111 S Dwight Ave	0.19mi	1/1.0 (-1)	600 (-11%)	24mo	$160,000	$267	48

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: -9.2%
• Equity multiple: 0.67×
• Total profit: $-10,056
• Equity at exit: $16,401

10-year hold

• IRR: -5.6%
• Equity multiple: 0.70×
• Total profit: $-9,348
• Equity at exit: $9,511

Cash invested: $30,800 (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 75211

• Rents YoY: -3.9%
• Active inventory: 161
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,457 high
• Mortgage (P&I): −$577
• Tax from tax record: −$342 /mo · $4,100/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$306
• Net cashflow: $187

Break-even live

Break-even rent $1,221

Max offer price $110,000

Occupancy floor 82%

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
407 N Justin Ave Unit C Dallas, TX	1.0	1.0	550	$1,200	$2.18	43d	1	0.41mi
4599 W Davis St Dallas, TX	1.0–3.0	1.0–2.0	930	$1,358	$1.46	2d	50	0.85mi
5050 Keeneland Pkwy Dallas, TX	1.0–3.0	1.0–2.0	808	$1,665	$2.06	2d	64	0.89mi
4311 Division St Unit 102 Dallas, TX	2.0	1.0	750	$1,300	$1.73	43d	1	1.08mi
1210 N Cockrell Hill Rd Dallas, TX	3.0	1.0–2.0	908	$1,998	$2.20	3d	25	1.31mi
1310 N Cockrell Hill Rd Dallas, TX	3.0	1.0–2.0	875	$1,944	$2.22	1d	39	1.41mi
4000 Walker St Dallas, TX	1.0	1.0	656	$1,450	$2.21	7d	1	1.49mi

Listing history 14 events

1. 2026-06-07
   statusdays on market $110,000 Pending 17 DOM
2. 2026-06-04
   days on market $110,000 Active 15 DOM
3. 2026-06-03
   days on market $110,000 Active 14 DOM
4. 2026-06-02
   days on market $110,000 Active 13 DOM
5. 2026-06-01
   days on market $110,000 Active 12 DOM
6. 2026-05-31
   days on market $110,000 Active 11 DOM
7. 2026-05-19
   listed $110,000 Active
8. 2026-03-13
   soldstatus
9. 2016-12-28
   soldstatus
10. 2005-08-19
    soldstatus
11. 2005-08-16
    soldstatus
12. 2005-08-09
    soldstatus 33-char remark

    Show marketing remark (33 chars)

    Needs lots of repairs. Cash Only!

13. 2005-07-18
    historical 33-char remark

    Show marketing remark (33 chars)

    Needs lots of repairs. Cash Only!

14. 2005-06-20
    listed $19,000 33-char remark

    Show marketing remark (33 chars)

    Needs lots of repairs. Cash Only!

ⓘ 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: $4,100 · $342/mo
• Projected year-2 tax: $4,100 · $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 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: $17,485
• − Mortgage interest: −$6,162
• − Property taxes: −$4,100
• − Insurance: −$550
• − Repairs & maintenance: −$1,399
• − Management: −$1,399
• − Depreciation: −$3,200
• Taxable income: $675
• Est. tax owed @ 24.0%: −$162
• After-tax cash flow: $2,078/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): 73,534
• Household income: $56,807
• Rent vs Own: 47.4% rent · 52.6% own
• Severe rent burden: 2585.0

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: Predominantly Hispanic (79%)
• Race & ethnicity: Hispanic / Latino 79% Two or more races 24% White 10% Black 9% Native American 2%
• Hispanic origin (detail): Mexican 69%
• Foreign-born: 32% · Canada
• Languages at home: 32% English-only · Spanish 67%

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: ▼ -233.57%
• Current HPI: 343.4166
• Rent YoY: ▼ -3.89%
• 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

+478.9% since first listed

8 events — show timeline

• 2026-05-19 Listed $110,000 NTREIS
• 2026-03-13 Sold (Public Records) — Public Records
• 2016-12-28 Sold (Public Records) — Public Records
• 2005-08-19 Sold (Public Records) — Public Records
• 2005-08-16 Sold (Public Records) — Public Records
• 2005-08-09 Sold (MLS) — NTREIS
• 2005-07-18 Listing Removed — NTREIS
• 2005-06-20 Listed $19,000 NTREIS

Property tax history

+10.9%/yr

Latest (2025): $4,100 · -0.4% YoY. Source: county tax records.