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4060 Random Cir
D+ Composite 48.82
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
  • Cash flow +12.8/30.0
  • 1% rule +5.5/10.0
  • DSCR +3.8/10.0
  • Livability +3.7/5.0
  • Schools +2.9/10.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$219,000

4060 Random Cir · Garland, TX 75043
4 bd · 2.5 ba · 2,104 sqft · SingleFamily public records · 25 Days on market
Built 1972 9,975 sqft lot Est $339k · 35% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

Key facts

  • Convenient access
  • Shopping
  • Schools

Tags

QUIET RESIDENTIAL STREETCONVENIENT ACCESSMAJOR HIGHWAYSSCHOOLSSHOPPINGDINING

Property features AI

Finance

  • HOA & community: No homeowner association

Exterior

  • Parking: Attached 2-car garage (approx. 22' wide x 20' deep, 8' height); Garage access from alley
  • Utilities: City water; City sewer; Not in a municipal utility district
  • Home design: Single-family residence; One-story; Built in 1972; Residential property
  • Construction: Year built: 1972
  • Exterior features: Lot under 0.5 acre (about 0.229 acres); Subdivision: Greenbrook Estates; Alley access

Interior

  • Kitchen: Dishwasher; Gas range
  • Bedrooms: Primary bedroom on main level with walk-in closet (approx. 10 x 12); Bedroom on main level (approx. 11 x 11); Bedroom on main level (approx. 8 x 10); Bedroom on main level (approx. 8 x 10)
  • Bathrooms: 2 full bathrooms; 1 half bathroom
  • Interior features: Vaulted ceilings; Cable TV available; High-speed internet available; One living area; One dining area; Total rooms: 5; Fireplace in family room

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 4-bed/2.5-bath single-family listed at $219k.

Deal economics

  • At list price, monthly cash flow is $-20 ($-242/yr) — negative.
  • To cash-flow at today's rent, offer at most $215k (1.6% below list).
  • Meets the 1% rule at list price ($2k rent vs $219k).
  • Recommended offer: $215k (1.6% below list) — sets the bar for cash-flow.
  • Cap rate 6.2% vs local median 3.5% in Garland — 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 (#165 in TX, #4,447 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, cost of living A-; Watch: amenities C-, schools D+, health & safety F.
  • Garland ISD (suburban): math 27% / reading 37% proficiency, ranked #553 of 826 in TX (top 67%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 361 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($77k/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 $2k of loan paydown is wiped out by about $7k 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 25 days — a 2% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 23y 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 3.3% of price.
  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $215,434 (1.6% 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 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
1.05%
Cap rate
6.18%
Cash-on-cash
-0.40%
DSCR
0.98
GRM
7.9

CMA / ARV

ARV (on-the-fly)
$338,744
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4210 Mayflower Dr 0.07mi 4/2.5 1,997 (-5%) 8mo $315,000 $158 82
4329 Mayflower Dr 0.30mi 4/2.0 2,141 (+2%) 2mo $255,000 $119 80
1305 Willow Way 0.42mi 4/2.0 2,102 (-0%) 6mo $339,000 $161 74
1230 Briar Hollow Ln 0.49mi 4/2.5 2,127 (+1%) 7mo $300,000 $141 69
4138 Mayflower Dr 0.03mi 3/2.0 (-1) 1,837 (-13%) 2mo $299,999 $163 69
3910 Larkin Ln 0.50mi 3/2.0 (-1) 1,985 (-6%) 1mo $279,500 $141 59
4114 Hartford Dr 0.45mi 4/2.0 1,856 (-12%) 3mo $275,000 $148 55
434 Jamestown Dr 0.53mi 3/2.0 (-1) 1,958 (-7%) 3mo $319,500 $163 54
114 Drake Ln 0.59mi 4/2.0 1,901 (-10%) 3mo $329,990 $174 52
1110 Gardengate Cir 0.54mi 3/2.0 (-1) 1,875 (-11%) 4mo $339,000 $181 47
709 Colonial Dr 0.64mi 3/2.0 (-1) 1,889 (-10%) 1mo $314,500 $166 45
4613 Redwood Dr 0.57mi 3/2.0 (-1) 1,853 (-12%) 7mo $235,000 $127 40

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

Projected returns pro-forma

-3.0% appreciation · 0.47% rent growth · sell at horizon

5-year hold
IRR
-20.3%
Equity multiple
0.31×
Total profit
$-42,256
Equity at exit
$32,654
10-year hold
IRR
-22.1%
Equity multiple
0.02×
Total profit
$-59,801
Equity at exit
$18,935

Cash invested: $61,320 (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 75043

Home prices YoY
-33.4%
Rents YoY
0.5%
Active inventory
361
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$2,303 high interval (Pro) →
Mortgage (P&I)
$1,148
Tax from tax record
$600 /mo · $7,199/yr
Insurance
$91
HOA
$0
Vacancy / Maint / Mgmt
$484
Net cashflow
$-20

Break-even live

Break-even rent $2,329
Max offer price $215,434
Occupancy floor 96%

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
$54,750
Closing costs
$6,570
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 29 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
610 Apache Dr Garland, TX 3.0 2.0 1857 $2,600 $1.40 24d 1 0.07mi
4222 Foliage Dr Garland, TX 3.0 2.0 1404 $2,500 $1.78 24d 1 0.19mi
402 Nickens Rd Garland, TX 4.0 2.0 1594 $2,200 $1.38 7d 1 0.31mi
4426 Mint Dr Garland, TX 3.0 2.0 1857 $2,270 $1.22 7d 1 0.35mi
1617 Dakota Dr Garland, TX 3.0 2.0 1840 $2,250 $1.22 1d 1 0.40mi
4253 Hartford Dr Garland, TX 4.0 2.0 1664 $2,000 $1.20 13d 1 0.43mi
706 Jamestown Dr Garland, TX 3.0 2.0 1674 $2,599 $1.55 7d 1 0.50mi
3817 Commonwealth Dr Garland, TX 3.0 2.0 1502 $2,195 $1.46 24d 1 0.54mi
3921 Amy Ave Garland, TX 4.0 3.5 2836 $8,750 $3.09 21d 1 0.57mi
3921 Amy Ave Unit 1019496P Garland, TX 4.0 3.5 2830 $14,696 $5.19 43d 1 0.57mi
4702 Grovetree Ln Garland, TX 4.0 2.0 1873 $2,000 $1.07 7d 1 0.58mi
4430 Brightwood Dr Garland, TX 3.0 2.0 1712 $2,300 $1.34 43d 1 0.61mi
4266 Duck Creek Dr Garland, TX 2.0–4.0 2.0 1135 $1,850 $1.63 43d 1 0.63mi
4902 Stagecoach Ln Garland, TX 4.0 2.0 1771 $2,200 $1.24 43d 1 0.75mi
1403 Carriage Ln Garland, TX 4.0 3.0 2644 $2,975 $1.13 43d 1 0.77mi
5101 Longhorn Trl Garland, TX 4.0 2.0 1568 $2,350 $1.50 43d 1 0.88mi
1105 Chimneyrock Trl Garland, TX 4.0 2.5 2471 $2,600 $1.05 7d 1 0.96mi
1022 Wendell Way Garland, TX 3.0 2.0 1500 $1,995 $1.33 43d 1 1.01mi
5106 Woodmeadow Dr Garland, TX 3.0 2.0 1650 $2,000 $1.21 14d 1 1.08mi
5106 Woodmeadow Dr Garland, TX 3.0 2.0 1650 $2,000 $1.21 43d 1 1.08mi
4805 Prairie Aster Dr Garland, TX 4.0 3.0 2559 $3,200 $1.25 1d 1 1.17mi
718 Maple Glen Dr Garland, TX 3.0 2.0 1695 $2,200 $1.30 43d 1 1.23mi
422 Woodmere Dr Garland, TX 3.0 2.0 1518 $1,995 $1.31 7d 1 1.31mi
5309 Heather Glen Dr Garland, TX 3.0 2.0 1503 $2,100 $1.40 24d 1 1.32mi
334 Valley Park Dr Garland, TX 4.0 2.5 1418 $2,000 $1.41 43d 1 1.37mi
317 Valley Park Dr Garland, TX 4.0 2.5 1410 $1,999 $1.42 14d 1 1.37mi
318 Arborview Dr Garland, TX 4.0 2.0 1510 $1,984 $1.31 43d 1 1.39mi
625 San Carlos Dr Garland, TX 3.0 2.0 1784 $2,300 $1.29 43d 1 1.40mi
5305 Meadowside Dr Garland, TX 3.0 2.0 1575 $1,950 $1.24 43d 1 1.41mi

Listing history 25 events

  1. 2026-06-02
    status $219,000 Pending 25 DOM
  2. 2026-06-01
    days on market $219,000 Active Option Contract 25 DOM
  3. 2026-05-31
    days on market $219,000 Active Option Contract 24 DOM
  4. 2026-05-07
    listed $219,000 Active
  5. 2019-02-26
    soldstatus
  6. 2019-02-15
    soldstatus Sold 713-char remark
    Show marketing remark (713 chars)

    Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

  7. 2019-01-21
    status Pending 713-char remark
    Show marketing remark (713 chars)

    Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

  8. 2019-01-17
    price $206,000 713-char remark
    Show marketing remark (713 chars)

    Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

  9. 2019-01-10
    status Active 713-char remark
    Show marketing remark (713 chars)

    Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

  10. 2018-11-26
    status Pending 713-char remark
    Show marketing remark (713 chars)

    Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

  11. 2018-11-24
    status Active 713-char remark
    Show marketing remark (713 chars)

    Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

  12. 2018-11-24
    status Pending 713-char remark
    Show marketing remark (713 chars)

    Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

  13. 2018-11-02
    price $207,500 713-char remark
    Show marketing remark (713 chars)

    Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

  14. 2018-10-23
    price $209,990 713-char remark
    Show marketing remark (713 chars)

    Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

  15. 2018-10-12
    listed $214,990 Active 713-char remark
    Show marketing remark (713 chars)

    Motivated Seller. .Price Reduced! Newly renovated home in Garland ISD. Be the first owner to experience the brand new carpet, tile, & granite counter tops with 2 living areas one offers a center fireplace and the other with a bar area, could be used as formal dining. The updated kitchen offers stainless appliances as well. Summer 2018 a NEW roof was installed, foundation was also repaired this September and has a transferable warranty & engineered report. The nice backyard offers a shed and space to entertain and make memories with you family. CONTRACT FELL THROUGH DUE TO BUYER FINANCING. .. .BACK ON THE MARKET NEW FENCE ADDED 12-2018. See previous buyers inspection report done -attached! .

  16. 2018-08-31
    soldstatus
  17. 2012-06-27
    soldstatus Closed 354-char remark
    Show marketing remark (354 chars)

    Completely updated and remodeled dollhouse! Kitchen features all new Frigidaire stainless steel appliances and countertops with ceramic tile backsplash! Over 250 sf new ceramic tile in entry and 3 baths. Master features new oversized 5x4 tub. All new frieze carpets! Den could be 5th bedroom or the perfect study. Lots of square footage for the money!

  18. 2012-05-25
    status Pending 354-char remark
    Show marketing remark (354 chars)

    Completely updated and remodeled dollhouse! Kitchen features all new Frigidaire stainless steel appliances and countertops with ceramic tile backsplash! Over 250 sf new ceramic tile in entry and 3 baths. Master features new oversized 5x4 tub. All new frieze carpets! Den could be 5th bedroom or the perfect study. Lots of square footage for the money!

  19. 2012-05-03
    status Active 354-char remark
    Show marketing remark (354 chars)

    Completely updated and remodeled dollhouse! Kitchen features all new Frigidaire stainless steel appliances and countertops with ceramic tile backsplash! Over 250 sf new ceramic tile in entry and 3 baths. Master features new oversized 5x4 tub. All new frieze carpets! Den could be 5th bedroom or the perfect study. Lots of square footage for the money!

  20. 2012-03-19
    status Pending 354-char remark
    Show marketing remark (354 chars)

    Completely updated and remodeled dollhouse! Kitchen features all new Frigidaire stainless steel appliances and countertops with ceramic tile backsplash! Over 250 sf new ceramic tile in entry and 3 baths. Master features new oversized 5x4 tub. All new frieze carpets! Den could be 5th bedroom or the perfect study. Lots of square footage for the money!

  21. 2012-02-23
    listed $119,950 Active 354-char remark
    Show marketing remark (354 chars)

    Completely updated and remodeled dollhouse! Kitchen features all new Frigidaire stainless steel appliances and countertops with ceramic tile backsplash! Over 250 sf new ceramic tile in entry and 3 baths. Master features new oversized 5x4 tub. All new frieze carpets! Den could be 5th bedroom or the perfect study. Lots of square footage for the money!

  22. 2004-07-01
    soldstatus
  23. 2003-08-20
    soldstatus
  24. 2003-07-02
    historical
  25. 2003-06-05
    listed $134,900

ⓘ 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
$7,199 · $600/mo
Projected year-2 tax
$7,199 · $600/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 ≥111°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$27,636
− Mortgage interest
−$12,267
− Property taxes
−$7,199
− Insurance
−$1,095
− Repairs & maintenance
−$2,211
− Management
−$2,211
− Depreciation
−$6,371
Taxable loss
−$3,717
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$892
After-tax cash flow
$650/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
Garland ISD
NCES district ID
4820340
Math proficiency
27% ▼ -23.00%
Reading proficiency
37% ▼ -10.00%
Median HH income
$58,392
Composite
28.63/100
National rank
#6706
State rank
#553 of 826 in TX

Livability — Garland

Score
74/100
State rank
#165
US rank
#4447

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Garland, TX
County
Dallas County · 2,612,404 people
City population
246,342
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
63,152
Household income
$76,778
Rent vs Own
37.8% rent · 62.2% own
Severe rent burden
2275.0

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 0.73)
Race & ethnicity
Hispanic / Latino 37% White 30% Two or more races 23% Black 21% Asian 8%
Hispanic origin (detail)
Mexican 29%
Common ancestry
Slovak 1% Portuguese 1% Lithuanian 1%
Foreign-born
24% · Canada, Vietnam
Languages at home
60% English-only · Spanish 31% Other Asian/Pacific 2% Vietnamese 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
▼ -148.30%
Current HPI
295.5641
Rent YoY
▲ 0.47%
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

+62.3% since first listed
22 events — show timeline
  • 2026-05-07 Listed $219,000 NTREIS
  • 2019-02-26 Sold (Public Records) Public Records
  • 2019-02-15 Sold (MLS) NTREIS
  • 2019-01-21 Pending NTREIS
  • 2019-01-17 Price Changed $206,000 NTREIS
  • 2019-01-10 Relisted NTREIS
  • 2018-11-26 Pending NTREIS
  • 2018-11-24 Relisted NTREIS
  • 2018-11-24 Pending NTREIS
  • 2018-11-02 Price Changed $207,500 NTREIS
  • 2018-10-23 Price Changed $209,990 NTREIS
  • 2018-10-12 Listed $214,990 NTREIS
  • 2018-08-31 Sold (Public Records) Public Records
  • 2012-06-27 Sold (MLS) NTREIS
  • 2012-05-25 Pending NTREIS
  • 2012-05-03 Relisted NTREIS
  • 2012-03-19 Pending NTREIS
  • 2012-02-23 Listed $119,950 NTREIS
  • 2004-07-01 Sold (Public Records) Public Records
  • 2003-08-20 Sold (Public Records) Public Records
  • 2003-07-02 Listing Removed NTREIS
  • 2003-06-05 Listed $134,900 NTREIS

Property tax history

+6.3%/yr

Latest (2025): $7,199 · +5.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…