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611 Oriole Blvd #602
C- Composite 54.33
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 +15.3/30.0
  • ARV discount +15.0/15.0
  • 1% rule +8.4/10.0
  • DSCR +4.7/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0
  • Appreciation +0.0/10.0

$107,500

611 Oriole Blvd #602 · Duncanville, TX 75116
2 bd · 1.5 ba · 844 sqft · Condo public records · 89 Days on market
Built 1984 $127/sqft · 32% below area Est $159k · 32% under $245/mo HOA · 17% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Charming condo with 2 bedrooms and 1.5 baths. Freshly painted interior. New LVP in main living areas. Living room with fireplace. Kitchen offers galley kitchen with new laundry pantry area including refrigerator. Located on the corner and unit faces away from parking, private Patio area with new fence. Most of the furniture will convey! Minutes to DFW, Arlington sporting venues and Dallas MUST SEE!

Key facts

  • Galley kitchen
  • Private patio area
  • New lvp

Tags

FRESHLY PAINTED INTERIORNEW LVPGALLEY KITCHENNEW LAUNDRY PANTRY AREAPRIVATE PATIO AREANEW FENCE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.5-bath condo listed at $108k.

Deal economics

  • At list price, monthly cash flow is $40 ($478/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $108k).
  • Recommended offer: $101k (6.0% below list) — sets the bar for market timing.
  • Cap rate 6.7% vs local median 3.6% in Duncanville — 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 74/100 on livability (#164 in TX, #4,372 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime C-, employment C-, schools D+.
  • Duncanville ISD (suburban): math 20% / reading 29% proficiency, ranked #711 of 826 in TX (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 75 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $743 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 89 days — a 6% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 8y 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 2.8% of price.
  • 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 $101,050 (6.0% below list)

Questions for the listing agent

  1. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  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 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
1.34%
Cap rate
6.74%
Cash-on-cash
1.59%
DSCR
1.07
GRM
6.2

CMA / ARV

ARV (median comp)
$158,752
List price
$107,500
Delta
-32.28%
Verdict
UNDERPRICED
Comps
7 within 1.0 mi

Projected returns pro-forma

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

5-year hold
IRR
-13.5%
Equity multiple
0.51×
Total profit
$-14,642
Equity at exit
$16,029
10-year hold
IRR
-4.2%
Equity multiple
0.72×
Total profit
$-8,503
Equity at exit
$9,295

Cash invested: $30,100 (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.

ZIP-level market 75116

Active inventory
75
Price-to-rent
6.2×

Monthly cashflow live

Estimated rent
$1,444 high interval (Pro) →
Mortgage (P&I)
$564
Tax from tax record
$247 /mo · $2,969/yr
Insurance
$45
HOA
$245
Vacancy / Maint / Mgmt
$303
Net cashflow
$40

Break-even live

Break-even rent $1,394
Max offer price $107,500
Occupancy floor 92%

Sensitivity live

Price -10% $101 -5% $70 +0% $40 +5% $9 +10% $-21
Rent -10% $-74 -5% $-17 +0% $40 +5% $97 +10% $154
Rate -1.0pp $94 -0.5pp $67 base $40 +0.5pp $12 +1.0pp $-16

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
$26,875
Closing costs
$3,225
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
800 N Merrill Ave Duncanville, TX 1.0–3.0 1.0–2.0 819 $1,474 $1.80 45d 28 0.17mi
715 Hustead St Duncanville, TX 1.0–2.0 1.0–2.0 828 $1,472 $1.78 2d 4 0.28mi
314 Shorewood Dr Duncanville, TX 3.0 2.0 1102 $1,875 $1.70 6d 1 0.34mi
417 Duncanville Rd Duncanville, TX 2.0 2.0 1050 $1,160 $1.10 26d 1 0.35mi
417 Duncanville Rd Duncanville, TX 2.0 2.0 1050 $1,160 $1.10 45d 1 0.35mi
605 N Alexander Ave Duncanville, TX 1.0–3.0 1.0–2.0 900 $1,095 $1.22 0d 24 0.47mi
539 Golden Meadows Ln Duncanville, TX 3.0 2.0 1047 $1,775 $1.70 23d 1 0.54mi
718 Skyline Dr Unit 726 Skyline Duncanville, TX 3.0 2.0 1074 $1,995 $1.86 45d 1 0.57mi
726 Skyline Dr Duncanville, TX 3.0 2.0 1074 $1,995 $1.86 45d 1 0.58mi
800 Link Dr Duncanville, TX 1.0–2.0 1.0–2.0 853 $1,570 $1.84 0d 59 0.70mi
7575 S Westmoreland Rd Dallas, TX 1.0–3.0 1.0–2.0 883 $1,349 $1.53 0d 24 0.94mi
333 Fouts Ave Unit 333 Fouts Duncanville, TX 3.0 2.0 980 $1,595 $1.63 45d 1 0.96mi
4060 Preferred Pl Unit 1132 Dallas, TX 2.0 2.0 945 $1,300 $1.38 45d 1 0.97mi
3900 Investor Dr Dallas, TX 1.0–3.0 1.0–2.0 850 $1,402 $1.65 0d 25 1.07mi
3906 Investor Dr Dallas, TX 1.0 1.0 630 $1,040 $1.65 22d 1 1.17mi
3906 Investor Dr Dallas, TX 2.0 2.0 990 $1,419 $1.43 45d 1 1.17mi
3906 Investor Dr Dallas, TX 2.0 2.0 990 $1,419 $1.43 25d 1 1.17mi
603 W Center St Duncanville, TX 1.0–3.0 1.0–3.0 980 $1,600 $1.63 3d 9 1.26mi
919 Southloop Dr Duncanville, TX 3.0 1.5 1113 $1,550 $1.39 45d 1 1.27mi
7202 S Westmoreland Rd Dallas, TX 1.0–3.0 1.0–2.0 926 $1,650 $1.78 3d 11 1.30mi
7905 Marvin D Love Fwy Dallas, TX 1.0–2.0 1.0–2.0 755 $1,375 $1.82 26d 1 1.32mi
1019 S Main St Duncanville, TX 2.0 1.5 885 $1,425 $1.61 45d 1 1.33mi
5110 Ranchero Ln Unit A Dallas, TX 3.0 1.0 1024 $1,900 $1.86 45d 1 1.42mi
907 Fairbanks Cir Duncanville, TX 3.0 2.0 1017 $1,891 $1.86 7d 1 1.45mi

HOA detail condo

Monthly dues
$245 · $2,940/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 25 events

  1. 2026-06-21
    days on market $107,500 Active 89 DOM
  2. 2026-06-18
    days on market $107,500 Active 86 DOM
  3. 2026-06-17
    days on market $107,500 Active 85 DOM
  4. 2026-06-16
    days on market $107,500 Active 84 DOM
  5. 2026-06-15
    days on market $107,500 Active 83 DOM
  6. 2026-06-13
    days on market $107,500 Active 81 DOM
  7. 2026-06-13
    days on market $107,500 Active 80 DOM
  8. 2026-06-09
    days on market $107,500 Active 77 DOM
  9. 2026-06-08
    days on market $107,500 Active 76 DOM
  10. 2026-06-07
    days on market $107,500 Active 75 DOM
  11. 2026-06-04
    days on market $107,500 Active 72 DOM
  12. 2026-06-03
    days on market $107,500 Active 71 DOM
  13. 2026-06-02
    days on market $107,500 Active 70 DOM
  14. 2026-06-01
    days on market $107,500 Active 69 DOM
  15. 2026-05-31
    days on market $107,500 Active 68 DOM
  16. 2026-03-24
    listed $107,500 Active 402-char remark
    Show marketing remark (402 chars)

    Charming condo with 2 bedrooms and 1.5 baths. Freshly painted interior. New LVP in main living areas. Living room with fireplace. Kitchen offers galley kitchen with new laundry pantry area including refrigerator. Located on the corner and unit faces away from parking, private Patio area with new fence. Most of the furniture will convey! Minutes to DFW, Arlington sporting venues and Dallas MUST SEE!

  17. 2018-05-28
    price $72,000 631-char remark
    Show marketing remark (631 chars)

    Home Ownership Opportunity. . Comfortable condo with 2 bdrms, 1 bath up. Open living, dining, kitchen with half bath down. Kitchen includes lots of cabinet space, utility room for a full size washer and dryer. .Refrigerator stays. Wood paneling, and a WBFP in the living area . Great opportunity for home ownership or investment. Two Assigned parking spaces. Conveniently located near major highways and shopping. Agent Owner. Lease is complete. Pictures taken when residence was empty. Available to show on March 29th 2018. Driving Directions: I-20 exit Main ; Left at Camp Wisdom; Right at Oriole; Turn Right into 1st Complex

  18. 2018-05-28
    historical 631-char remark
    Show marketing remark (631 chars)

    Home Ownership Opportunity. . Comfortable condo with 2 bdrms, 1 bath up. Open living, dining, kitchen with half bath down. Kitchen includes lots of cabinet space, utility room for a full size washer and dryer. .Refrigerator stays. Wood paneling, and a WBFP in the living area . Great opportunity for home ownership or investment. Two Assigned parking spaces. Conveniently located near major highways and shopping. Agent Owner. Lease is complete. Pictures taken when residence was empty. Available to show on March 29th 2018. Driving Directions: I-20 exit Main ; Left at Camp Wisdom; Right at Oriole; Turn Right into 1st Complex

  19. 2018-05-11
    soldstatus Sold 631-char remark
    Show marketing remark (631 chars)

    Home Ownership Opportunity. . Comfortable condo with 2 bdrms, 1 bath up. Open living, dining, kitchen with half bath down. Kitchen includes lots of cabinet space, utility room for a full size washer and dryer. .Refrigerator stays. Wood paneling, and a WBFP in the living area . Great opportunity for home ownership or investment. Two Assigned parking spaces. Conveniently located near major highways and shopping. Agent Owner. Lease is complete. Pictures taken when residence was empty. Available to show on March 29th 2018. Driving Directions: I-20 exit Main ; Left at Camp Wisdom; Right at Oriole; Turn Right into 1st Complex

  20. 2018-04-16
    status Pending 631-char remark
    Show marketing remark (631 chars)

    Home Ownership Opportunity. . Comfortable condo with 2 bdrms, 1 bath up. Open living, dining, kitchen with half bath down. Kitchen includes lots of cabinet space, utility room for a full size washer and dryer. .Refrigerator stays. Wood paneling, and a WBFP in the living area . Great opportunity for home ownership or investment. Two Assigned parking spaces. Conveniently located near major highways and shopping. Agent Owner. Lease is complete. Pictures taken when residence was empty. Available to show on March 29th 2018. Driving Directions: I-20 exit Main ; Left at Camp Wisdom; Right at Oriole; Turn Right into 1st Complex

  21. 2018-04-11
    historical Active Option Contract 631-char remark
    Show marketing remark (631 chars)

    Home Ownership Opportunity. . Comfortable condo with 2 bdrms, 1 bath up. Open living, dining, kitchen with half bath down. Kitchen includes lots of cabinet space, utility room for a full size washer and dryer. .Refrigerator stays. Wood paneling, and a WBFP in the living area . Great opportunity for home ownership or investment. Two Assigned parking spaces. Conveniently located near major highways and shopping. Agent Owner. Lease is complete. Pictures taken when residence was empty. Available to show on March 29th 2018. Driving Directions: I-20 exit Main ; Left at Camp Wisdom; Right at Oriole; Turn Right into 1st Complex

  22. 2018-03-28
    listed $74,900 Active 631-char remark
    Show marketing remark (631 chars)

    Home Ownership Opportunity. . Comfortable condo with 2 bdrms, 1 bath up. Open living, dining, kitchen with half bath down. Kitchen includes lots of cabinet space, utility room for a full size washer and dryer. .Refrigerator stays. Wood paneling, and a WBFP in the living area . Great opportunity for home ownership or investment. Two Assigned parking spaces. Conveniently located near major highways and shopping. Agent Owner. Lease is complete. Pictures taken when residence was empty. Available to show on March 29th 2018. Driving Directions: I-20 exit Main ; Left at Camp Wisdom; Right at Oriole; Turn Right into 1st Complex

  23. 2014-12-05
    soldstatus
  24. 2001-05-01
    soldstatus
  25. 1998-06-23
    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
$2,969 · $247/mo
Projected year-2 tax
$2,969 · $247/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 ≥109°F today · 25 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,329
− Mortgage interest
−$6,022
− Property taxes
−$2,969
− Insurance
−$538
− Repairs & maintenance
−$1,386
− Management
−$1,386
− HOA
−$2,940
− Depreciation
−$3,127
Taxable loss
−$1,040
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$250
After-tax cash flow
$727/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
Duncanville ISD
NCES district ID
4817640
Math proficiency
20% ▼ -19.00%
Reading proficiency
29% ▼ -7.00%
Median HH income
$50,979
Composite
21.71/100
National rank
#8270
State rank
#711 of 826 in TX

Livability — Duncanville

Score
74/100
State rank
#164
US rank
#4372

Category grades

Amenities D+ Commute F Cost of living A+ Crime C- Employment C- Housing A+ Health & safety A User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Duncanville, TX
County
Dallas County · 2,612,404 people
City population
39,683
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
19,954
Household income
$67,390
Rent vs Own
39.3% rent · 60.7% own
Severe rent burden
780.0

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
Hispanic / Latino 50% Black 24% White 21% Two or more races 15% Asian 2%
Hispanic origin (detail)
Mexican 40%
Common ancestry
Slovak 1% Lithuanian 1% Romanian 1%
Foreign-born
17% · Canada
Languages at home
62% English-only · Spanish 36% Other Indo-European 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
▼ -201.45%
Current HPI
358.5426
Rent YoY
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

Price history

+43.5% since first listed
10 events — show timeline
  • 2026-03-24 Listed $107,500 NTREIS
  • 2018-05-28 Price Changed $72,000 NTREIS
  • 2018-05-28 Listing Removed NTREIS
  • 2018-05-11 Sold (MLS) NTREIS
  • 2018-04-16 Pending NTREIS
  • 2018-04-11 Contingent NTREIS
  • 2018-03-28 Listed $74,900 NTREIS
  • 2014-12-05 Sold (Public Records) Public Records
  • 2001-05-01 Sold (Public Records) Public Records
  • 1998-06-23 Sold (Public Records) Public Records

Property tax history

+5.2%/yr

Latest (2025): $2,969 · -0.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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