315 Avenue G Ave · Dallas, TX 75203

$240,000

3 bd · 1.0 ba · 1,040 sqft · SingleFamily public records · 14 Days on market

Built 1940 5,972 sqft lot Est $173k · 39% over

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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).

• Appreciation +10.0/10.0
• Cash flow +8.8/30.0
• Livability +4.0/5.0
• 1% rule +2.9/10.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0
• Rent growth +1.8/5.0
• ARV discount +0.0/15.0

Listing remarks

Discover the potential of this 3 bedroom, 1 bath home nestled on a generously sized lot with stunning views of the Downtown Dallas skyline. Whether you're looking for your next home, an investment opportunity, or a property to customize to your vision, this one offers endless possibilities in an area experiencing exciting growth and development. A rare chance to secure a great lot and location!

Key facts

• Generously sized lot
• Stunning views
• 5,972 sq ft lot

Tags

• GENEROUSLY SIZED LOT
• STUNNING VIEWS

Property features AI

Finance

• Other: Property type: Single Family Residence; Property attached: No; Possession at closing/funding; Listing status: Active; Listing agreement: Exclusive Right To Sell
• Financial info: Treat as clear loan type; No second mortgage
• HOA & community: No association

Exterior

• Parking: Driveway; Unpaved parking; Other parking (no garage or covered/carport spaces)
• Utilities: City water; City sewer; Natural gas available; Not in a municipal utility district
• Home design: Single family residence; Residential property; Built in 1940; Entry level: One
• Construction: Year built: 1940
• Exterior features: Lot is approximately 0.14 acre (about 5,972 sq ft); Subdivision: Skyline Heights Rev

Interior

• Kitchen: Gas range
• Bedrooms: 3 bedrooms (primary bedroom on level 1)
• Bathrooms: 1 full bathroom
• Interior features: Cable TV available; One living area; One dining area; Total rooms: 2; Levels: One
• Laundry & utility: Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $-197 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $205k (14.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (21.2% below list).
• Recommended offer: $189k (21.2% below list) — sets the bar for 1% rule.
• Cap rate 5.3% 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: Cedar Crest El (math 52% / reading 37%, grade F, #1,155 of 4,322 statewide, top 29%, 321 students, 100% FRL); John Lewis Social Justice Academy At O W Holmes (math 22% / reading 22%, grade F, #1,360 of 1,662 statewide, top 83%, 581 students, 100% FRL); Franklin D Roosevelt H S of Innovation (math 12% / reading 22%, grade F, #1,491 of 1,632 statewide, top 92%, 748 students, 96% FRL) — zoned schools average 99% FRL vs 83% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-2.7%/yr); 147 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 $1,892/mo this rent would consume 48% of the median local household income ($47k/yr) (locally 948% 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 $26k of equity ($2k loan paydown + $24k appreciation (10.0% local appreciation)).
• Dallas County population projected at +35% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,223 (21.2% 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. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
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: 0.79% ✗
• Cap rate: 5.31%
• Cash-on-cash: -3.51%
• DSCR: 0.84
• GRM: 10.6

CMA / ARV

• ARV (on-the-fly): $172,640
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
602 Bonnie View Rd	0.29mi	2/1.0 (-1)	972 (-6%)	4mo	$119,000	$122	67
430 Avenue G	0.15mi	3/1.5	1,120 (+8%)	14mo	$174,990	$156	66
519 Avenue I	0.23mi	2/1.0 (-1)	952 (-8%)	16mo	$119,900	$126	57
327 Pecan Dr	0.20mi	3/2.0	1,196 (+15%)	10mo	$198,500	$166	53
1327 Valley St	0.65mi	3/2.0	1,050 (+1%)	22mo	$240,000	$229	46
1003 Bonnie View Rd	0.56mi	2/1.0 (-1)	884 (-15%)	18mo	$204,500	$231	28

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

Projected returns pro-forma

10.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 20.9%
• Equity multiple: 2.68×
• Total profit: $112,696
• Equity at exit: $216,211

10-year hold

• IRR: 18.3%
• Equity multiple: 5.94×
• Total profit: $331,882
• Equity at exit: $466,267

Cash invested: $67,200 (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 75203

• Home prices YoY: 31.8%
• Rents YoY: -2.7%
• Active inventory: 147
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $1,892 high
• Mortgage (P&I): −$1,259
• Tax from tax record: −$333 /mo · $3,994/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $-197

Break-even live

Break-even rent $2,141

Max offer price $205,280

Occupancy floor —

Sensitivity live

Price	-10% $-61	-5% $-129	+0% $-197	+5% $-264	+10% $-332
Rent	-10% $-346	-5% $-271	+0% $-197	+5% $-122	+10% $-47
Rate	-1.0pp $-76	-0.5pp $-136	base $-197	+0.5pp $-259	+1.0pp $-322

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: $60,000
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2218 Rockefeller Blvd Dallas, TX	3.0	1.0	1028	$1,750	$1.70	1d	1	0.09mi
801 Avenue I Unit 1-205 Dallas, TX	2.0	2.0	1185	$2,099	$1.77	4d	1	0.26mi
1511 Doyle Ave Dallas, TX	3.0	2.0	1262	$1,900	$1.51	9d	1	0.47mi
1710 Morrell Ave Dallas, TX	2.0	1.0–2.0	654	$2,069	$3.16	1d	39	0.55mi
607 Woodbine Ave Dallas, TX	2.0	1.0	782	$1,350	$1.73	9d	1	0.56mi
948 S Corinth Street Rd #1 Dallas, TX	2.0	2.0	1013	$1,650	$1.63	45d	1	0.61mi
948 S Corinth Street Rd #5 Dallas, TX	2.0	2.0	920	$1,550	$1.68	45d	1	0.61mi
948 S Corinth Street Rd #1 Dallas, TX	2.0	2.0	1013	$1,650	$1.63	26d	1	0.61mi
2254 Areba St Dallas, TX	2.0	1.0	1120	$1,650	$1.47	1d	1	0.64mi
2254 Areba St Unit A Dallas, TX	2.0	1.0	1120	$1,450	$1.29	45d	1	0.64mi
2250 Areba St Unit A Dallas, TX	2.0	1.0	779	$1,850	$2.37	45d	1	0.64mi
948 S Corinth Street Rd Unit 6 Dallas, TX	2.0	2.0	1013	$1,625	$1.60	15d	1	0.67mi
432 Hart St Dallas, TX	4.0	2.0	1303	$2,300	$1.77	9d	1	0.69mi
2002 Dudley Ave Dallas, TX	2.0	1.0	750	$1,375	$1.83	9d	1	0.82mi
1210 Grant St Dallas, TX	4.0	1.0	1370	$2,050	$1.50	9d	1	0.86mi
1825 Dudley Ave Dallas, TX	4.0	2.0	1228	$2,400	$1.95	3d	1	0.91mi
521 N Denley Dr Dallas, TX	3.0	2.5	1387	$2,500	$1.80	45d	1	0.95mi
1427 Diceman Ave Dallas, TX	3.0	2.0	890	$1,600	$1.80	26d	1	0.97mi
1028 Claude St Dallas, TX	2.0	1.0	988	$1,800	$1.82	26d	1	0.98mi
1027 Morrell Ave Dallas, TX	2.0	1.0	1140	$1,800	$1.58	46d	1	0.99mi
215 Corinth St Dallas, TX	2.0	1.0–2.0	772	$1,518	$1.97	26d	74	1.01mi
2118 Berwick Ave Dallas, TX	3.0	2.0	1286	$2,188	$1.70	9d	1	1.12mi
1018 E Waco Ave Dallas, TX	3.0	1.0	1112	$1,395	$1.25	46d	1	1.17mi
405 S Ewing Ave Unit 406 Dallas, TX	2.0	2.0	1102	$2,550	$2.31	45d	1	1.18mi
405 S Ewing Ave Unit 309 Dallas, TX	3.0	2.0	1343	$2,875	$2.14	26d	1	1.18mi
850 S Ewing Ave Dallas, TX	1.0–2.0	1.0–2.5	1086	$2,450	$2.25	5d	2	1.18mi
948 Corinth St Unit 6 Dallas, TX	2.0	2.0	1013	$1,625	$1.60	16d	1	1.23mi
948 Corinth St Unit 10 Dallas, TX	2.0	2.0	920	$1,525	$1.66	16d	1	1.23mi
948 Corinth St Unit 5 Dallas, TX	2.0	2.0	920	$1,850	$2.01	45d	1	1.23mi
948 Corinth St Unit 15 Dallas, TX	2.0	2.0	920	$1,495	$1.62	16d	1	1.23mi
948 Corinth St Unit 1 Dallas, TX	2.0	2.0	1013	$1,650	$1.63	16d	1	1.23mi
948 Corinth St Unit 11 Dallas, TX	2.0	2.0	1013	$1,595	$1.57	16d	1	1.23mi
3609 Cleveland St Dallas, TX	4.0	2.5	1500	$2,700	$1.80	9d	1	1.25mi
405 N Ewing Ave Dallas, TX	3.0	1.0–2.0	941	$2,875	$3.05	3d	48	1.27mi
900 E Colorado Blvd Dallas, TX	3.0	1.0–2.0	914	$2,743	$3.00	1d	32	1.34mi
1100 Corinth St Dallas, TX	2.0–3.0	2.5–3.5	1572	$3,595	$2.29	45d	10	1.36mi
624 N Lancaster Ave Dallas, TX	2.0	1.0–2.0	800	$2,365	$2.96	9d	4	1.40mi
609 N Lancaster Ave Dallas, TX	1.0–2.0	1.0	725	$1,149	$1.58	3d	2	1.41mi
335 N Marsalis Ave Dallas, TX	3.0	2.0	1260	$2,100	$1.67	45d	1	1.41mi
2906 E Kiest Blvd Dallas, TX	2.0–3.0	1.0–2.0	798	$1,625	$2.04	0d	6	1.42mi

Listing history 9 events

1. 2026-06-21
   days on market $240,000 Active 14 DOM
2. 2026-06-18
   days on market $240,000 Active 11 DOM
3. 2026-06-17
   days on market $240,000 Active 10 DOM
4. 2026-06-16
   days on market $240,000 Active 9 DOM
5. 2026-06-15
   days on market $240,000 Active 8 DOM
6. 2026-06-13
   days on market $240,000 Active 6 DOM
7. 2026-06-09
   days on market $240,000 Active 2 DOM
8. 2026-06-08
   remarks 397-char remark
9. 2026-06-08
   listed $240,000 Active 1 DOM

ⓘ 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: $3,994 · $333/mo
• Projected year-2 tax: $4,392 · $366/mo
• Expected delta: +$398/yr (+$33/mo · 10.0%)

ⓘ 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 7/10 Severe 7 d/yr ≥109°F today · 23 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: $22,707
• − Mortgage interest: −$13,444
• − Property taxes: −$3,994
• − Insurance: −$1,200
• − Repairs & maintenance: −$1,817
• − Management: −$1,817
• − Depreciation: −$6,982
• Taxable loss: −$6,546
• Est. tax savings @ 24.0%: +$1,571
• After-tax cash flow: $-788/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): 15,775
• Household income: $46,989
• Rent vs Own: 62.1% rent · 37.9% own
• Severe rent burden: 948.0

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 0.55)
• Race & ethnicity: Hispanic / Latino 59% Black 31% Two or more races 17% White 7% Native American 2%
• Hispanic origin (detail): Mexican 53%
• Common ancestry: Lithuanian 1% Swiss 1%
• Foreign-born: 29% · Canada, China, Jamaica
• Languages at home: 47% English-only · Spanish 51% French/Haitian/Cajun 1%

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: ▲ 86.64%
• Current HPI: 358.9507
• Rent YoY: ▼ -2.72%
• 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

2 events — show timeline

• 2026-06-07 Listed $240,000 NTREIS
• 2007-06-28 Sold (Public Records) — Public Records

Property tax history

+10.6%/yr

Latest (2025): $3,994 · -0.4% YoY. Source: county tax records.