2807 Silkwood St · Dallas, TX 75215

$248,000

3 bd · 1.0 ba · 1,200 sqft · SingleFamily public records · 137 Days on market

Built 1961 5,793 sqft lot $207/sqft · 6% below area Est $265k · 6% under ↓ 17% since listing

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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 +10.4/15.0
• Cash flow +7.8/30.0
• Appreciation +5.4/10.0
• Rent growth +4.3/5.0
• Livability +4.0/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +1.9/10.0

Listing remarks MLS

Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

Key facts

• Fully renovated
• New plumbing
• New hvac

Tags

• FULLY RENOVATED
• NEW ROOF
• NEW PLUMBING
• NEW ELECTRICAL
• NEW HVAC
• NEW FLOORING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $248k.

Deal economics

• At list price, monthly cash flow is $-279 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $199k (19.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $177k (28.8% below list).
• Recommended offer: $177k (28.8% below list) — sets the bar for 1% rule.
• Cap rate 4.9% 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: Joseph J Rhoads Learning Center (math 13% / reading 18%, grade F, #3,990 of 4,322 statewide, top 93%, 101 students, 94% FRL); Billy Earl Dade Middle (math 18% / reading 23%, grade F, #1,407 of 1,662 statewide, top 86%, 636 students, 100% FRL); Lincoln Humanities/Communications Magnet High Sch (math 8% / reading 20%, grade F, #1,529 of 1,632 statewide, top 94%, 700 students, 92% FRL).
• Zoned-school proficiency averages 17% at this address vs 34% district-wide (-17 pts) — the specific schools serving this property underperform the Dallas ISD average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+7.2%/yr); 254 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
• At $1,766/mo this rent would consume 47% of the median local household income ($46k/yr) (locally 1464% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $4k of equity ($2k loan paydown + $2k appreciation (0.8% local appreciation)).
• Dallas County population projected at +35% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 8, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 137 days — a 12% lower offer ($218k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $176,588 (28.8% 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 137 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
8. 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.
9. 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.
10. 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: 0.71% ✗
• Cap rate: 4.95%
• Cash-on-cash: -4.81%
• DSCR: 0.79
• GRM: 11.7

CMA / ARV

• ARV (median comp): $265,157
• List price: $248,000
• Delta: -6.47%
• 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
2807 Silkwood St	0.00mi	3/3.0	1,200 (0%)	1mo	$248,000	$207	91
2714 Silkwood St	0.07mi	3/2.0	1,311 (+9%)	5mo	$230,000	$175	73
2526 Bethurum Ave	0.34mi	3/2.0	1,292 (+8%)	4mo	$250,000	$193	64
2515 Hooper St	0.54mi	3/2.5	1,225 (+2%)	7mo	$249,000	$203	60
6110 Carlton Garret St	0.28mi	3/2.5	1,350 (+12%)	6mo	$285,000	$211	55
2719 Starks Ave	0.62mi	3/2.0	1,143 (-5%)	5mo	$279,900	$245	55
2415 Hooper St	0.51mi	2/2.0 (-1)	1,050 (-12%)	4mo	$239,900	$228	43
2411 Hooper St	0.51mi	2/2.0 (-1)	1,050 (-12%)	5mo	$239,900	$228	42
2413 Hooper St	0.51mi	2/2.0 (-1)	1,050 (-12%)	5mo	$239,900	$228	42
2417 Hooper St	0.52mi	2/2.0 (-1)	1,050 (-12%)	6mo	$239,900	$228	41
2404 Garden Dr	0.73mi	4/2.5 (+1)	1,270 (+6%)	6mo	$224,500	$177	40
2402 Garden Dr	0.73mi	4/2.5 (+1)	1,270 (+6%)	6mo	$255,500	$201	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

0.79% appreciation · 7.19% rent growth · sell at horizon

5-year hold

• IRR: -2.2%
• Equity multiple: 0.89×
• Total profit: $-7,888
• Equity at exit: $81,953

10-year hold

• IRR: 5.4%
• Equity multiple: 1.70×
• Total profit: $48,473
• Equity at exit: $106,843

Cash invested: $69,440 (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 75215

• Home prices YoY: 0.3%
• Rents YoY: 7.2%
• Active inventory: 254
• Price-to-rent: 11.7×

Monthly cashflow live

• Estimated rent: $1,766 high
• Mortgage (P&I): −$1,301
• Tax from tax record: −$270 /mo · $3,236/yr
• Insurance: −$103
• HOA: −$0
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $-279

Break-even live

Break-even rent $2,118

Max offer price $198,798

Occupancy floor —

Sensitivity live

Price	-10% $-138	-5% $-208	+0% $-279	+5% $-349	+10% $-419
Rent	-10% $-418	-5% $-348	+0% $-279	+5% $-209	+10% $-139
Rate	-1.0pp $-154	-0.5pp $-215	base $-279	+0.5pp $-343	+1.0pp $-408

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: $62,000
• Closing costs: $7,440
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2807 Valentine St Dallas, TX	3.0	2.0	1400	$1,500	$1.07	17d	1	0.08mi
2927 Dorris St Dallas, TX	3.0	2.0	1298	$1,914	$1.47	46d	1	0.16mi
2727 Choice St Dallas, TX	3.0	2.0	1175	$1,799	$1.53	26d	1	0.32mi
2216 Dyson St Dallas, TX	3.0	2.0	1056	$2,100	$1.99	26d	1	0.38mi
2642 Anderson St Dallas, TX	2.0	1.0	820	$1,150	$1.40	26d	1	0.48mi
2203 Anderson St Dallas, TX	3.0	2.5	1219	$2,200	$1.80	46d	1	0.50mi
2207 Anderson St Dallas, TX	3.0	2.5	1419	$2,300	$1.62	10d	1	0.50mi
5000 Linder Ave Dallas, TX	3.0	2.0	1327	$1,950	$1.47	46d	1	0.79mi
2838 Frost Ave Dallas, TX	2.0	1.0	1200	$1,400	$1.17	26d	1	0.83mi
2829 Oakdale St Dallas, TX	3.0	2.0	1028	$1,814	$1.76	1d	1	0.89mi
2840 Oakdale St Dallas, TX	3.0	2.0	1379	$1,900	$1.38	46d	1	0.90mi
2561 Elsie Faye Heggins St Dallas, TX	3.0	2.0	876	$1,390	$1.59	8d	1	0.95mi
2563 Elsie Faye Heggins St Dallas, TX	3.0	2.0	876	$1,240	$1.42	17d	1	0.95mi
2603 Elsie Faye Heggins St Dallas, TX	3.0	2.0	876	$1,385	$1.58	46d	1	0.96mi
2615 Elsie Faye Heggins St Dallas, TX	3.0	2.0	876	$1,280	$1.46	17d	1	0.96mi
2627 Elsie Faye Heggins St Dallas, TX	3.0	2.0	876	$1,280	$1.46	46d	1	0.97mi
2513 Southland St Dallas, TX	2.0	1.0	1010	$1,399	$1.39	23d	1	0.98mi
2513 Southland St Dallas, TX	2.0	1.0	1010	$1,299	$1.29	5d	1	0.98mi
2216 Marburg St Dallas, TX	3.0	1.0	1088	$1,750	$1.61	0d	1	0.99mi
4722 Meadow St Dallas, TX	2.0–3.0	2.0	1107	$1,475	$1.33	14d	4	1.19mi
1628 Poplar St Dallas, TX	2.0	1.0	903	$1,400	$1.55	46d	1	1.29mi
1630 Poplar St Dallas, TX	2.0	1.0	903	$1,400	$1.55	26d	1	1.29mi
4024 Myrtle St Dallas, TX	3.0	2.0	1106	$1,595	$1.44	7d	1	1.36mi
4611 Bradshaw St Dallas, TX	3.0	2.0	1145	$1,495	$1.31	0d	1	1.38mi
4506 Roberts Ave Dallas, TX	2.0	2.0	1000	$1,499	$1.50	0d	1	1.41mi
4503 Bradshaw St Dallas, TX	4.0	2.0	1263	$1,600	$1.27	10d	1	1.43mi

Listing history 11 events

1. 2026-05-14
   status Pending 1074-char remark

   Show marketing remark (1074 chars)

   Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

2. 2026-05-07
   historical Active Option Contract 1074-char remark

   Show marketing remark (1074 chars)

   Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

3. 2026-05-07
   status Pending 1074-char remark

   Show marketing remark (1074 chars)

   Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

4. 2026-04-25
   price $248,000 1074-char remark

   Show marketing remark (1074 chars)

   Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

5. 2026-04-10
   price $254,900 1074-char remark

   Show marketing remark (1074 chars)

   Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

6. 2026-03-05
   price $265,000 1074-char remark

   Show marketing remark (1074 chars)

   Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

7. 2026-02-27
   price $270,000 1074-char remark

   Show marketing remark (1074 chars)

   Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

8. 2026-02-09
   price $279,900 1074-char remark

   Show marketing remark (1074 chars)

   Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

9. 2026-02-04
   price $289,000 1074-char remark

   Show marketing remark (1074 chars)

   Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

10. 2025-12-27
    listed $299,000 Active 1074-char remark

    Show marketing remark (1074 chars)

    Multiple Offers received and seller has chosen an offer. PRICE IMPROVED! Seller is motivated. Bring your offers!!! FULLY RENOVATED! This home offers modern finishes and exceptional functionality. Recent upgrades include a NEW ROOF, NEW PLUMBING, NEW ELECTRICAL, NEW HVAC, NEW SHEETROCK, NEW FLOORING, NEW BATHROOMS, NEW CABINETS, and ALL NEW KITCHEN with contemporary design. Featuring TWO PRIMARY SUITES, one with a private entrance, making this home ideal for multigenerational living, guests or potential rental income. The open and flexible layout provides comfort and versatility. This home is positioned towards the front of the property, leaving ample space for outdoor living. Enjoy a cozy front deck and an extended concrete parking pad with room for at least four vehicles, space for large work trucks, utility trailers or RV parking. At the end of the street, you'll find a soccer field and a scenic fishing pond with a walking trail nearby- perfect for recreation and relaxation. Conveniently located near major highways and just minutes from Downtown Dallas.

11. 2008-03-22
    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: $3,236 · $270/mo
• Projected year-2 tax: $4,538 · $378/mo
• Expected delta: +$1,302/yr (+$109/mo · 40.2%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 24 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: $21,191
• − Mortgage interest: −$13,892
• − Property taxes: −$3,236
• − Insurance: −$1,240
• − Repairs & maintenance: −$1,695
• − Management: −$1,695
• − Depreciation: −$7,215
• Taxable loss: −$7,783
• Est. tax savings @ 24.0%: +$1,868
• After-tax cash flow: $-1,474/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): 18,895
• Household income: $45,557
• Rent vs Own: 61.8% rent · 38.2% own
• Severe rent burden: 1464.0

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: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Black 59% Hispanic / Latino 25% White 11% Two or more races 10%
• Hispanic origin (detail): Mexican 21%
• Common ancestry: Italian 1% Hispanic 1%
• Foreign-born: 16% · Canada
• Languages at home: 74% English-only · Spanish 26%

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: ▲ 0.79%
• Current HPI: 224.2955
• Rent YoY: ▲ 7.19%
• 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

-17.1% since first listed

11 events — show timeline

• 2026-05-14 Pending — NTREIS
• 2026-05-07 Contingent — NTREIS
• 2026-05-07 Pending — NTREIS
• 2026-04-25 Price Changed $248,000 NTREIS
• 2026-04-10 Price Changed $254,900 NTREIS
• 2026-03-05 Price Changed $265,000 NTREIS
• 2026-02-27 Price Changed $270,000 NTREIS
• 2026-02-09 Price Changed $279,900 NTREIS
• 2026-02-04 Price Changed $289,000 NTREIS
• 2025-12-27 Listed $299,000 NTREIS
• 2008-03-22 Sold (Public Records) — Public Records

Property tax history

+9.1%/yr

Latest (2025): $3,236 · +6.1% YoY. Source: county tax records.