4859 Cedar Springs Rd #337 · Dallas, TX 75219

$88,000

1 bd · 1.0 ba · 629 sqft · Condo public records · 267 Days on market

Built 1970 $140/sqft · 30% below area Est $125k · 30% under $440/mo HOA · 31% of rent ↓ 16% 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 +15.0/15.0
• 1% rule +10.0/10.0
• Cash flow +9.8/30.0
• Livability +4.0/5.0
• DSCR +2.8/10.0
• Schools +2.8/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

Key facts

• Remodeled bathroom
• Covered balcony
• Renovated condo

Tags

• RENOVATED CONDO
• NEW KITCHEN APPLIANCES
• REMODELED BATHROOM
• SEPARATE VANITY AREA
• WALK-IN CLOSET
• COVERED BALCONY

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $88k.

Deal economics

• At list price, monthly cash flow is $-57 ($-684/yr) — negative.
• To cash-flow at today's rent, offer at most $78k (11.4% below list).
• Meets the 1% rule at list price ($1k rent vs $88k).
• Recommended offer: $77k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.5% 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: schools C-, 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.
• Market conditions: Rents flat; 432 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
• This rent is only 17% of the median local income ($102k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $608 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 267 days — a 12% lower offer ($77k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 3.2% 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $77,440 (12.0% 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 267 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. 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?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.60% ✓
• Cap rate: 5.52%
• Cash-on-cash: -2.78%
• DSCR: 0.88
• GRM: 5.2

CMA / ARV

• ARV (median comp): $125,405
• List price: $88,000
• Delta: -29.83%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.56% rent growth · sell at horizon

5-year hold

• IRR: -26.1%
• Equity multiple: 0.15×
• Total profit: $-20,907
• Equity at exit: $13,121

10-year hold

• IRR: -53.0%
• Equity multiple: -0.40×
• Total profit: $-34,611
• Equity at exit: $7,609

Cash invested: $24,640 (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 75219

• Rents YoY: 0.6%
• Active inventory: 432
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,412 high
• Mortgage (P&I): −$461
• Tax from tax record: −$235 /mo · $2,814/yr
• Insurance: −$37
• HOA: −$440
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $-57

Break-even live

Break-even rent $1,484

Max offer price $77,929

Occupancy floor 99%

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: $22,000
• Closing costs: $2,640
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4859 Cedar Springs Rd Dallas, TX	1.0	1.0	665	$1,250	$1.88	43d	2	0.04mi
4837 Cedar Springs Rd #110 Dallas, TX	1.0	1.0	665	$1,800	$2.71	24d	1	0.06mi
4837 Cedar Springs Rd Dallas, TX	1.0	1.0	665	$1,525	$2.29	43d	2	0.06mi
2833 Kings Rd Dallas, TX	1.0	1.0	750	$1,260	$1.68	15d	1	0.10mi
2833 Kings Rd Dallas, TX	1.0	1.0	690	$1,180	$1.71	43d	2	0.13mi
3102 Kings Rd Dallas, TX	1.0–2.0	1.0–2.0	806	$1,390	$1.72	3d	4	0.15mi
4612 Cedar Springs Rd Dallas, TX	1.0	1.0	650	$1,515	$2.33	43d	1	0.15mi
4612 Cedar Springs Rd Dallas, TX	1.0	1.0	650	$1,515	$2.33	19d	1	0.15mi
5051 Lahoma St Dallas, TX	1.0	1.0	636	$1,312	$2.06	43d	3	0.16mi
4605 Cedar Springs Rd Apt 220 Dallas, TX	1.0	1.0	749	$1,550	$2.07	43d	1	0.17mi
5011 Lahoma St Dallas, TX	1.0	1.0	608	$957	$1.57	24d	1	0.17mi
4606 Cedar Springs Rd Dallas, TX	1.0–3.0	1.0–2.0	1001	$1,140	$1.14	2d	42	0.22mi
5143 Vandelia St Dallas, TX	1.0	1.0	642	$1,300	$2.02	43d	1	0.23mi
5143 Vandelia St Dallas, TX	1.0	1.0	642	$1,300	$2.02	7d	1	0.23mi
5151 Vandelia St Dallas, TX	2.0	1.0–2.0	655	$1,150	$1.75	6d	6	0.24mi
5151 Vandelia St Unit 211-2 Dallas, TX	—	1.0	469	$999	$2.13	43d	1	0.24mi
4505 Cedar Springs Rd Dallas, TX	1.0	1.0	665	$1,285	$1.93	24d	1	0.30mi
4730 Fairmount St Dallas, TX	1.0–2.0	1.0–2.5	971	$1,311	$1.35	2d	38	0.31mi
2909 Lucas Dr Apt 101 Dallas, TX	1.0	1.0	520	$1,395	$2.68	43d	1	0.31mi
2909 Lucas Dr Unit 103 Dallas, TX	1.0	1.0	520	$1,395	$2.68	24d	1	0.31mi
3280 Cedarplaza Ln Dallas, TX	1.0–2.0	1.0–2.0	774	$1,099	$1.42	6d	4	0.34mi
3443 Mahanna St Dallas, TX	1.0	1.0	612	$1,340	$2.19	7d	9	0.35mi
4633 Fairmount St Dallas, TX	1.0	1.0	555	$1,200	$2.16	19d	1	0.36mi
3328 Cedarplaza Ln Dallas, TX	1.0–2.0	1.0–2.5	842	$1,224	$1.45	5d	15	0.38mi
3136 Hudnall St Dallas, TX	3.0	2.5	919	$1,080	$1.18	2d	84	0.38mi
3383 Cedarplaza Ln Dallas, TX	2.0	1.0–2.0	876	$1,937	$2.21	1d	13	0.39mi
2924 Lucas Dr Dallas, TX	2.0	1.0–2.0	894	$1,666	$1.86	1d	24	0.39mi
5001 Bowser Ave #103 Dallas, TX	1.0	1.0	500	$1,250	$2.50	6d	1	0.40mi
5001 Bowser Ave #104 Dallas, TX	1.0	1.0	500	$1,095	$2.19	7d	1	0.40mi
3152 Hudnall St Dallas, TX	1.0	1.0	602	$1,050	$1.74	22d	1	0.41mi
5000 Bowser Ave Unit 213 Dallas, TX	1.0	1.0	373	$950	$2.55	43d	1	0.44mi
5212 Fleetwood Oaks Ave #102 Dallas, TX	1.0	1.0	698	$1,250	$1.79	20d	1	0.44mi
4335 Cedar Springs Rd Dallas, TX	1.0–2.0	1.0–1.5	775	$1,200	$1.55	43d	2	0.45mi
5010 Bowser Ave Apt 106 Dallas, TX	—	1.0	373	$900	$2.41	43d	1	0.45mi
2517 Amelia St Dallas, TX	1.0	1.0	698	$1,250	$1.79	43d	1	0.45mi
5234 Fleetwood Oaks Ave #219 Dallas, TX	1.0	1.0	698	$1,500	$2.15	43d	1	0.49mi
3301 Hudnall St Dallas, TX	1.0	1.0	724	$1,760	$2.43	3d	25	0.50mi
2935 Wycliff Ave Dallas, TX	1.0	1.0	621	$1,660	$2.67	22d	1	0.50mi
2935 Wycliff Ave Dallas, TX	1.0	1.0	621	$1,660	$2.67	43d	1	0.50mi
3600 Wheeler St Dallas, TX	3.0	1.0–2.0	986	$1,435	$1.45	2d	26	0.51mi

HOA detail condo

• Monthly dues: $440 · $5,280/yr
• Likely covers: landscapingpoolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 18 events

1. 2026-06-07
   statusdays on market $88,000 Pending 267 DOM
2. 2026-06-04
   days on market $88,000 Active Option Contract 266 DOM
3. 2026-06-03
   days on market $88,000 Active Option Contract 265 DOM
4. 2026-06-02
   days on market $88,000 Active Option Contract 264 DOM
5. 2026-06-02
   days on market $88,000 Active Option Contract 263 DOM
6. 2026-05-31
   days on market $88,000 Active Option Contract 262 DOM
7. 2026-05-04
   price $88,000 1169-char remark

   Show marketing remark (1169 chars)

   What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

8. 2026-04-13
   price $90,000 1169-char remark

   Show marketing remark (1169 chars)

   What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

9. 2026-04-06
   price $91,000 1169-char remark

   Show marketing remark (1169 chars)

   What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

10. 2026-03-31
    price $92,000 1169-char remark

    Show marketing remark (1169 chars)

    What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

11. 2026-03-23
    price $93,000 1169-char remark

    Show marketing remark (1169 chars)

    What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

12. 2026-03-14
    price $94,000 1169-char remark

    Show marketing remark (1169 chars)

    What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

13. 2025-12-31
    price $95,000 1169-char remark

    Show marketing remark (1169 chars)

    What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

14. 2025-12-06
    price $98,000 1169-char remark

    Show marketing remark (1169 chars)

    What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

15. 2025-11-21
    price $99,000 1169-char remark

    Show marketing remark (1169 chars)

    What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

16. 2025-10-27
    price $100,000 1169-char remark

    Show marketing remark (1169 chars)

    What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

17. 2025-09-11
    listed $105,000 Active 1169-char remark

    Show marketing remark (1169 chars)

    What you've been waiting for, welcome home to this one bedroom renovated condo off of Cedar Springs Road and popular Oaklawn area. This Landmark River Oaks Community has beautiful grounds & backs up to a greenbelt and creek. Updates include new paint, new LVP flooring throughout, & new kitchen appliances. The Beautiful kitchen features white cabinetry & neutral quartz countertops, ready to compliment your unique home decor. You will love the tastefully remodeled bathroom, an extra & separate vanity area, and big walk-in closet. Enjoy the natural light coming into the living room as well as the bedroom. Your covered balcony is right off the living room, and overlooks the pool area. Live amidst the vibrant greenery with surrounding large mature trees & the lush greenbelt and creek. This community offers several convenient gated parking options including underground covered parking. Prime location next to Oak Lawn and the vibrant Cedar Springs strip, just minutes from Downtown & Uptown with easy access to the best restaurants, shopping, and nightlife. Minutes from Love Field airport & the Medical District. See it and love it!

18. 1995-08-28
    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: $2,814 · $235/mo
• Projected year-2 tax: $2,814 · $235/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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 23 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: $16,947
• − Mortgage interest: −$4,929
• − Property taxes: −$2,814
• − Insurance: −$440
• − Repairs & maintenance: −$1,356
• − Management: −$1,356
• − HOA: −$5,280
• − Depreciation: −$2,560
• Taxable loss: −$1,788
• Est. tax savings @ 24.0%: +$429
• After-tax cash flow: $-255/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): 23,934
• Household income: $102,364
• Rent vs Own: 66.4% rent · 33.6% own
• Severe rent burden: 1475.0

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 0.65)
• Race & ethnicity: White 53% Hispanic / Latino 21% Black 12% Two or more races 12% Asian 10%
• Hispanic origin (detail): Mexican 13% Puerto Rican 2%
• Common ancestry: Lithuanian 4% Italian 3% Slovak 2%
• Foreign-born: 18% · Canada, Vietnam, China
• Languages at home: 70% English-only · Spanish 18% Other Indo-European 3% Chinese 2%

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: ▼ -124.82%
• Current HPI: 214.4564
• Rent YoY: ▲ 0.56%
• 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

-16.2% since first listed

12 events — show timeline

• 2026-05-04 Price Changed $88,000 NTREIS
• 2026-04-13 Price Changed $90,000 NTREIS
• 2026-04-06 Price Changed $91,000 NTREIS
• 2026-03-31 Price Changed $92,000 NTREIS
• 2026-03-23 Price Changed $93,000 NTREIS
• 2026-03-14 Price Changed $94,000 NTREIS
• 2025-12-31 Price Changed $95,000 NTREIS
• 2025-12-06 Price Changed $98,000 NTREIS
• 2025-11-21 Price Changed $99,000 NTREIS
• 2025-10-27 Price Changed $100,000 NTREIS
• 2025-09-11 Listed $105,000 NTREIS
• 1995-08-28 Sold (Public Records) — Public Records

Property tax history

+5.7%/yr

Latest (2025): $2,814 · -1.6% YoY. Source: county tax records.