3618 Middlefield Rd · Dallas, TX 75253

$175,000

3 bd · 2.0 ba · 1,192 sqft · SingleFamily public records · 45 Days on market

Built 2001 10,454 sqft lot

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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 +25.1/30.0
• DSCR +8.2/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Livability +4.0/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks

This beautiful home sits on a quarter of an acre and offers an enclosed area for your pets and children to be safe and protected as they roam freely. The yard space offers a place to entertain and play in both the front and back. If gardening is your thing, there's space to enjoy that hobby as well. With a major highway less than a mile away, your options to dine, shop, and live well are also just an exit or two away - in each direction. The lake located right behind the house is also ideal for any fisher or lover of the great outdoors. This house is the perfect place for anyone looking to turn a house into a home! Call today to schedule your tour!

Key facts

• Space for gardening
• 0.24 acre lot
• Garage

Tags

• ENCLOSED AREA FOR PETS
• YARD SPACE TO ENTERTAIN
• SPACE FOR GARDENING
• LAKE LOCATED BEHIND HOUSE

Property features AI

Finance

• Other: Property located in Middlefield Village subdivision, Dallas County; Lot size less than 0.5 acre (approx. 0.24 acre); Community features include a lake
• Financial info: Assumable qualifying loan available (loan balance and payment details recorded)
• HOA & community: No homeowners association

Exterior

• Parking: Covered parking space (1); Driveway; Has 1-car garage
• Security: Smoke detector(s)
• Utilities: City water; City sewer; Individual water meter; Electricity available and connected; Cable available; Community mailbox; Gravel/rock and dirt access
• Home design: Manufactured home; Residential property; One story; Not attached
• Construction: Built in 2001
• Exterior features: Deck; Community lake

Interior

• Kitchen: Dishwasher; Disposal; Electric cooktop; Electric oven; Electric range; Built-in cabinets; Dual sinks; Eat-in kitchen; Pantry; Utility in kitchen
• Bedrooms: Primary bedroom on level 1 (approx. 11 x 11); Bedroom on level 1 (approx. 10 x 10); Bedroom on level 1 (approx. 10 x 10); Total bedrooms: 3
• Flooring: Carpet; Ceramic tile
• Bathrooms: Two full bathrooms (one approx. 7 x 10, one approx. 7 x 8)
• Heating & cooling: Electric utilities available/connected
• Interior features: Cable TV available; Eat-in kitchen; Pantry; One living area; One dining area; Total rooms: 8; Levels: One
• Laundry & utility: Full-size washer/dryer area; Washer hookup; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $389 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $170k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.0% 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: Ebby Halliday El (math 28% / reading 28%, grade F, #2,740 of 4,322 statewide, top 64%, 622 students, 85% FRL) — zoned schools at 85% FRL track the district average.
• Market conditions: Rents soft (-0.6%/yr); 126 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
• This rent runs 41% of the median local income ($61k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 45 days — a 3% lower offer ($170k) 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→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.18% ✓
• Cap rate: 8.96%
• Cash-on-cash: 9.52%
• DSCR: 1.42
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -5.5%
• Equity multiple: 0.80×
• Total profit: $-9,625
• Equity at exit: $26,093

10-year hold

• IRR: 0.1%
• Equity multiple: 1.01×
• Total profit: $248
• Equity at exit: $15,131

Cash invested: $49,000 (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 75253

• Home prices YoY: -7.2%
• Rents YoY: -0.6%
• Active inventory: 126
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,072 medium
• Mortgage (P&I): −$918
• Tax from tax record: −$257 /mo · $3,088/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$435
• Net cashflow: $389

Break-even live

Break-even rent $1,580

Max offer price $175,000

Occupancy floor 76%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2356 Licorice Pl Dallas, TX	3.0	2.0	1287	$1,800	$1.40	43d	1	0.98mi
9234 Crimnson Ct Dallas, TX	3.0	2.0	1266	$2,080	$1.64	10d	1	1.00mi
1903 Education Way Dallas, TX	3.0–4.0	2.0–2.5	1775	$2,200	$1.24	1d	14	1.49mi

Listing history 16 events

1. 2026-06-18
   status $175,000 Pending 45 DOM
2. 2026-06-17
   days on market $175,000 Active Option Contract 45 DOM
3. 2026-06-16
   days on market $175,000 Active Option Contract 44 DOM
4. 2026-06-15
   days on market $175,000 Active Option Contract 43 DOM
5. 2026-06-13
   days on market $175,000 Active Option Contract 41 DOM
6. 2026-06-09
   days on market $175,000 Active Option Contract 37 DOM
7. 2026-06-08
   statusdays on market $175,000 Active Option Contract 36 DOM
8. 2026-06-07
   days on market $175,000 Active 35 DOM
9. 2026-06-04
   days on market $175,000 Active 32 DOM
10. 2026-06-03
    days on market $175,000 Active 31 DOM
11. 2026-06-02
    days on market $175,000 Active 30 DOM
12. 2026-06-01
    days on market $175,000 Active 29 DOM
13. 2026-05-31
    days on market $175,000 Active 28 DOM
14. 2026-04-20
    listed $175,000 Active 657-char remark
15. 2004-01-09
    soldstatus
16. 2001-09-21
    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: $3,088 · $257/mo
• Projected year-2 tax: $3,202 · $267/mo
• Expected delta: +$115/yr (+$10/mo · 3.7%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 25 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: $24,859
• − Mortgage interest: −$9,803
• − Property taxes: −$3,088
• − Insurance: −$875
• − Repairs & maintenance: −$1,989
• − Management: −$1,989
• − Depreciation: −$5,091
• Taxable income: $2,025
• Est. tax owed @ 24.0%: −$486
• After-tax cash flow: $4,177/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): 24,395
• Household income: $60,874
• Rent vs Own: 31.1% rent · 68.9% own
• Severe rent burden: 497.0

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: Predominantly Hispanic (70%)
• Race & ethnicity: Hispanic / Latino 70% Two or more races 35% White 15% Black 14% Asian 1%
• Hispanic origin (detail): Mexican 64%
• Common ancestry: Iranian 1% Slovak 1%
• Foreign-born: 32% · Canada
• Languages at home: 36% English-only · Spanish 62%

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: ▼ -27.55%
• Current HPI: 357.4375
• Rent YoY: ▼ -0.58%
• 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

5 events — show timeline

• 2026-06-18 Pending — NTREIS
• 2026-06-08 Contingent — NTREIS
• 2026-04-20 Listed $175,000 NTREIS
• 2004-01-09 Sold (Public Records) — Public Records
• 2001-09-21 Sold (Public Records) — Public Records

Property tax history

+1.8%/yr

Latest (2025): $3,088 · -0.4% YoY. Source: county tax records.