6108 Abrams Rd #329 · Dallas, TX 75231

$81,999

1 bd · 1.0 ba · 500 sqft · Condo public records · 7 Days on market

Built 1984 $274/mo HOA · 23% of rent

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.6/30.0
• 1% rule +9.4/10.0
• ARV discount +7.5/15.0
• DSCR +5.2/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Pristine and updated, this one-bedroom condo offers convenient access to the very best of Dallas. The unit features an open floor plan with vaulted ceilings in the living room and light engineered wood flooring throughout. The kitchen is well-appointed with black honed granite countertops, a stainless steel sink, a disposal, an electric range, and a refrigerator, along with a functional shelved pantry. The spacious bedroom includes an ensuite bathroom, a generous closet, and a stackable washer and dryer. One exterior storage closet located directly across from the unit and one assigned parking space. Access to a community pool, tennis court, and clubhouse. - Inclusions: The refrigerator and

Key facts

• Open floor plan
• Stainless steel sink
• Generous closet

Tags

• OPEN FLOOR PLAN
• VAULTED CEILINGS
• STAINLESS STEEL SINK
• FUNCTIONAL SHELVED PANTRY
• ENSUITE BATHROOM
• GENEROUS CLOSET

Property features AI

Finance

• Other: Directions: From Northwest Hwy, go North on Abrams; complex is on the right. Building 3 is light green (second building). Park in assigned spot #90. Unit is on the 3rd floor; use stairs on north side of building 3.
• Financial info: Treat as clear loan type; No second mortgage indicated
• HOA & community: Mandatory association; Monthly HOA fee of $274; Association covers front yard maintenance, grounds maintenance, and structure maintenance; HOA managed by Protea Real Estate

Exterior

• Parking: Assigned parking (spot #90 indicated in directions); Additional parking available
• Utilities: City water; City sewer; No municipal utility district
• Home design: Condominium (attached); 3-story building; unit on the 3rd floor; Unit located in Building 3 of Sable Ridge complex
• Construction: Composition roof; Built in 1984; Building number 3
• Exterior features: Community pool; Front yard maintenance and grounds maintenance handled by association; Assigned parking and additional parking available; Pool on-site

Interior

• Kitchen: Electric cooktop; Electric oven; Refrigerator; Garbage disposal; Breakfast room with granite countertops and pantry
• Bedrooms: 1 bedroom (located on 3rd floor); Primary bedroom with walk-in closet (3rd floor)
• Flooring: See remarks
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Electric heating
• Interior features: Decorative lighting; High-speed internet available; Open floorplan; Vaulted ceilings; Walk-in closet(s); Window coverings; One living area; One dining area; Room count of 4; One-level
• Laundry & utility: Stacked washer/dryer area

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $82k.

Deal economics

• At list price, monthly cash flow is $50 ($599/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $82k).
• Cap rate 7.0% 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: L L Hotchkiss El (math 28% / reading 30%, grade F, #2,668 of 4,322 statewide, top 63%, 495 students, 96% FRL).
• Market conditions: Rents rising (+2.0%/yr); 213 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $567 of loan paydown is wiped out by about $2k 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

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 23y ago; this cycle's ask is 8100% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: HOA is 23% 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 $81,999

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. 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?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new 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: 1.44% ✓
• Cap rate: 7.02%
• Cash-on-cash: 2.61%
• DSCR: 1.12
• GRM: 5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.96% rent growth · sell at horizon

5-year hold

• IRR: -13.6%
• Equity multiple: 0.52×
• Total profit: $-11,116
• Equity at exit: $12,226

10-year hold

• IRR: -7.0%
• Equity multiple: 0.58×
• Total profit: $-9,632
• Equity at exit: $7,090

Cash invested: $22,960 (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 75231

• Rents YoY: 2.0%
• Active inventory: 213
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,179 high
• Mortgage (P&I): −$430
• Tax from tax record: −$143 /mo · $1,715/yr
• Insurance: −$34
• HOA: −$274
• Vacancy / Maint / Mgmt: −$247
• Net cashflow: $50

Break-even live

Break-even rent $1,115

Max offer price $81,999

Occupancy floor 91%

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: $20,500
• Closing costs: $2,460
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6108 Abrams Rd Dallas, TX	1.0–2.0	1.0–2.0	675	$795	$1.18	21d	7	0.06mi
6108 Abrams Rd Dallas, TX	1.0–2.0	1.0–2.0	664	$895	$1.35	3d	5	0.06mi
6003 Abrams Rd Dallas, TX	2.0	1.0–2.0	675	$1,315	$1.95	2d	32	0.09mi
6603 E Lovers Ln Dallas, TX	2.0	1.0	620	$1,017	$1.64	2d	5	0.31mi
8910 Southwestern Blvd Dallas, TX	1.0–3.0	1.0–2.0	974	$1,472	$1.51	2d	30	0.51mi
6466 Ridgecrest Rd Dallas, TX	1.0	1.0	535	$899	$1.68	2d	8	0.53mi
6211 E Northwest Hwy Unit G417 Dallas, TX	1.0	1.0	397	$2,000	$5.04	19d	1	0.54mi
6211 E Northwest Hwy Unit G224 Dallas, TX	1.0	1.0	721	$1,950	$2.70	24d	1	0.54mi
6211 Northwest Hwy Unit G124 Dallas, TX	—	1.0	390	$1,400	$3.59	44d	1	0.54mi
8616 Southwestern Blvd Dallas, TX	1.0	1.0	733	$1,950	$2.66	19d	1	0.63mi
8616 Southwestern Blvd Dallas, TX	1.0	1.0	733	$1,950	$2.66	44d	1	0.63mi
8612 Southwestern Blvd Unit 8627 Dallas, TX	1.0	1.0	561	$1,399	$2.49	3d	1	0.63mi
8612 Southwestern Blvd Unit 8633 Dallas, TX	1.0	1.0	561	$1,321	$2.35	14d	1	0.63mi
8780 Park Ln Dallas, TX	2.0	1.0–2.0	642	$1,277	$1.99	4d	56	0.63mi
8705 Southwestern Blvd Unit 8720 Dallas, TX	1.0	1.0	722	$1,788	$2.48	3d	1	0.65mi
8705 Southwestern Blvd Unit 8720 Dallas, TX	1.0	1.0	722	$1,992	$2.76	15d	1	0.65mi
8705 Southwestern Blvd Unit 412 Dallas, TX	1.0	1.0	722	$1,780	$2.47	13d	1	0.65mi
6760 Eastridge Dr Unit 102 Dallas, TX	1.0	1.0	725	$1,350	$1.86	19d	1	0.66mi
6311 Melody Ln Dallas, TX	1.0	1.0	653	$915	$1.40	44d	1	0.70mi
8612 Southwestern Blvd Dallas, TX	1.0	1.0	561	$1,316	$2.35	14d	1	0.70mi
6262 Melody Ln Dallas, TX	1.0–2.0	1.0–2.0	750	$755	$1.01	12d	4	0.73mi
6262 Melody Ln Dallas, TX	2.0	1.0–2.0	750	$1,037	$1.38	3d	4	0.73mi
6262 Melody Ln Dallas, TX	1.0–2.0	1.0–2.0	820	$830	$1.01	24d	2	0.73mi
6262 Melody Ln Dallas, TX	1.0–2.0	1.0–2.0	865	$850	$0.98	12d	3	0.73mi
8611 Southwestern Blvd Unit 8626 Dallas, TX	1.0	1.0	636	$1,595	$2.51	15d	1	0.74mi
8611 Southwestern Blvd Unit 412 Dallas, TX	1.0	1.0	561	$1,425	$2.54	13d	1	0.74mi
8611 Southwestern Blvd Unit 8626 Dallas, TX	1.0	1.0	561	$1,433	$2.55	3d	1	0.74mi
6251 Melody Ln Dallas, TX	1.0–2.0	1.0–2.0	819	$770	$0.94	2d	41	0.76mi
7545 E Northwest Hwy Dallas, TX	2.0	1.0–2.0	938	$1,758	$1.87	2d	27	0.85mi
8601 Park Ln #416 Dallas, TX	1.0	1.0	618	$1,400	$2.27	24d	1	0.86mi
6121 Melody Ln Dallas, TX	1.0	1.0	653	$960	$1.47	24d	1	0.87mi
6050 Ridgecrest Rd Dallas, TX	2.0	1.0–2.0	732	$1,045	$1.43	3d	14	0.89mi
8601 Park Ln Dallas, TX	1.0	1.0	618	$1,350	$2.18	44d	2	0.89mi
6808 Skillman St Dallas, TX	1.0–3.0	1.0–2.0	968	$1,163	$1.20	2d	21	0.91mi
6041 Ridgecrest Rd Dallas, TX	1.0	1.0	587	$1,165	$1.98	18d	4	0.97mi
6050 Melody Ln Dallas, TX	1.0–2.0	1.0–2.0	930	$773	$0.83	2d	9	0.98mi
5605 Village Glen Dr Dallas, TX	1.0–3.0	1.0–2.5	813	$1,217	$1.50	1d	1	1.00mi
6014 Ridgecrest Rd Dallas, TX	1.0	1.0	734	$975	$1.33	44d	1	1.02mi
8510 Park Ln #201 Dallas, TX	1.0	1.0	625	$1,055	$1.69	8d	1	1.02mi
8510 Park Ln #102 Dallas, TX	1.0	1.0	700	$1,195	$1.71	11d	1	1.02mi

HOA detail condo

• Monthly dues: $274 · $3,288/yr
• Likely covers: electricpoolparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 6 events

1. 2026-06-18
   days on market $81,999 Active 7 DOM
2. 2026-06-17
   days on market $81,999 Active 6 DOM
3. 2026-06-16
   days on market $81,999 Active 5 DOM
4. 2026-06-15
   days on market $81,999 Active 4 DOM
5. 2026-06-13
   remarks 699-char remark
6. 2026-06-13
   listed $81,999 Active 2 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: $1,715 · $143/mo
• Projected year-2 tax: $1,715 · $143/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 2/10 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 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,143
• − Mortgage interest: −$4,593
• − Property taxes: −$1,715
• − Insurance: −$410
• − Repairs & maintenance: −$1,131
• − Management: −$1,131
• − HOA: −$3,288
• − Depreciation: −$2,385
• Taxable loss: −$512
• Est. tax savings @ 24.0%: +$123
• After-tax cash flow: $722/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): 38,370
• Household income: $58,540
• Rent vs Own: 81.7% rent · 18.3% own
• Severe rent burden: 3482.0

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: Highly diverse neighborhood (Simpson 0.74)
• Race & ethnicity: Hispanic / Latino 33% White 29% Black 24% Two or more races 13% Asian 9%
• Hispanic origin (detail): Mexican 26%
• Common ancestry: Slovak 1% Lithuanian 1% Romanian 1%
• Foreign-born: 29% · Canada, Philippines, India
• Languages at home: 57% English-only · Spanish 27% Other Asian/Pacific 4% Other Indo-European 3%

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: ▼ -359.41%
• Current HPI: 249.5841
• Rent YoY: ▲ 1.96%
• 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

-93.7% since first listed

24 events — show timeline

• 2026-06-12 Listed for Rent $1,000 NTREIS
• 2026-06-11 Listed $81,999 NTREIS
• 2025-06-23 Rental Removed $1,000 NTREIS
• 2025-06-05 Listed for Rent $1,000 NTREIS
• 2025-06-04 Sold (Public Records) — Public Records
• 2025-06-03 Sold (MLS) — NTREIS
• 2025-05-22 Pending — NTREIS
• 2025-04-23 Price Changed $94,900 NTREIS
• 2025-02-26 Listed $100,000 NTREIS
• 2024-12-31 Listing Removed — NTREIS
• 2024-10-26 Price Changed $96,000 NTREIS
• 2024-09-17 Price Changed $99,000 NTREIS
• 2024-07-30 Price Changed $104,900 NTREIS
• 2024-05-30 Listed $114,900 NTREIS
• 2018-10-01 Sold (Public Records) — Public Records
• 2018-09-28 Sold (MLS) — NTREIS
• 2018-09-15 Pending — NTREIS
• 2018-09-10 Contingent — NTREIS
• 2018-09-09 Pending — NTREIS
• 2018-09-06 Listed $54,000 NTREIS
• 2006-11-22 Sold (Public Records) — Public Records
• 2003-07-10 Listing Removed — NTREIS
• 2003-01-17 Listed $15,900 NTREIS
• 1996-12-23 Sold (Public Records) — Public Records

Property tax history

+6.9%/yr

Latest (2025): $1,715 · -5.1% YoY. Source: county tax records.