1414 Hardned Ln · Dallas, TX 75217

$229,990

3 bd · 2.5 ba · 1,452 sqft · SingleFamily public records · 172 Days on market

Built 2004 8,625 sqft lot $158/sqft · 12% below area Est $260k · 12% under

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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 +12.7/15.0
• Cash flow +10.0/30.0
• Livability +4.0/5.0
• 1% rule +3.9/10.0
• DSCR +2.9/10.0
• Rent growth +2.8/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover comfort and convenience in this inviting two-story home! Located on a desirable corner lot, this property offers both privacy and curb appeal, with easy access to major freeways and top employers—making your daily commute easier. Offers 3 Bedrooms, 2.5 Baths – Spacious enough for family living or hosting guests. Open Living & Dining Areas – Perfect for gatherings and everyday enjoyment. Converted Garage Flex Room – Ideal for a home office, gym, or playroom. Rear Entry Parking – Adding convenience and enhancing the home’s exterior appeal. Two-Story Design – Maximizes space and creates a natural flow throughout the home. Corner Lot Advantage – Extra light, added privacy, and a standout presence in the neighborhood.

Key facts

• Two story design
• Rear entry parking
• Corner lot

Tags

• CORNER LOT
• CONVERTED GARAGE FLEX ROOM
• REAR ENTRY PARKING
• TWO STORY DESIGN

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $-139 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $206k (10.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $205k (11.0% below list).
• Recommended offer: $202k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.6% 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: Nancy Moseley El (math 38% / reading 45%, grade F, #1,437 of 4,322 statewide, top 34%, 618 students, 96% FRL); Young Women'S Steam Academy At Balch Springs Middl (math 31% / reading 34%, grade F, #947 of 1,662 statewide, top 58%, 869 students, 91% FRL); H Grady Spruce H S (math 21% / reading 18%, grade F, #1,424 of 1,632 statewide, top 88%, 1,558 students, 96% FRL).
• Market conditions: Rents rising (+1.0%/yr); 203 active listings in the ZIP; 14 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).
• This rent runs 44% of the median local income ($56k/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 172 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 14y ago; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $202,391 (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 172 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.89% ✗
• Cap rate: 5.57%
• Cash-on-cash: -2.58%
• DSCR: 0.89
• GRM: 9.4

CMA / ARV

• ARV (median comp): $260,283
• List price: $229,990
• Delta: -11.64%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9628 Michelle Dr	0.12mi	3/2.5	1,533 (+6%)	4mo	$231,000	$151	82
1338 Hardned Ln	0.06mi	3/2.0	1,281 (-12%)	0mo	$225,000	$176	75
9480 Sandyland Blvd	0.47mi	3/2.5	1,500 (+3%)	2mo	$299,000	$199	71
9820 Michelle Dr	0.10mi	3/2.0	1,562 (+8%)	14mo	$249,900	$160	69
9917 Oakwood Dr	0.42mi	3/2.0	1,527 (+5%)	6mo	$299,950	$196	65
9735 Jo Pierce St	0.63mi	3/2.0	1,440 (-1%)	8mo	$130,000	$90	61
9470 Sandyland Blvd	0.49mi	3/2.0	1,350 (-7%)	4mo	$295,000	$219	60
9713 Windridge Way	0.12mi	3/2.0	1,632 (+12%)	19mo	$279,999	$172	56
9714 Michelle Dr	0.04mi	3/2.0	1,252 (-14%)	21mo	$254,995	$204	55
9820 Whistler Dr	0.12mi	3/2.0	1,260 (-13%)	19mo	$247,995	$197	55
9830 Brierhill Dr	0.14mi	3/2.0	1,645 (+13%)	19mo	$275,000	$167	53
1621 Key Biscayne Dr	0.51mi	3/2.0	1,311 (-10%)	11mo	$249,999	$191	49

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 · 1.02% rent growth · sell at horizon

5-year hold

• IRR: -23.0%
• Equity multiple: 0.22×
• Total profit: $-49,960
• Equity at exit: $34,292

10-year hold

• IRR: -24.4%
• Equity multiple: -0.09×
• Total profit: $-70,097
• Equity at exit: $19,885

Cash invested: $64,397 (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 75217

• Home prices YoY: -4.3%
• Rents YoY: 1.0%
• Active inventory: 203
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,047 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$453 /mo · $5,442/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$430
• Net cashflow: $-139

Break-even live

Break-even rent $2,222

Max offer price $205,511

Occupancy floor —

Sensitivity live

Price	-10% $-8	-5% $-73	+0% $-139	+5% $-204	+10% $-269
Rent	-10% $-300	-5% $-219	+0% $-139	+5% $-58	+10% $23
Rate	-1.0pp $-23	-0.5pp $-80	base $-139	+0.5pp $-198	+1.0pp $-259

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: $57,498
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9720 Brierwyck Dr Dallas, TX	3.0	2.0	1229	$1,986	$1.62	8d	1	0.02mi
1609 Portofino Dr Dallas, TX	4.0	2.0	1735	$2,320	$1.34	15d	1	0.72mi
1304 Haymarket Rd Dallas, TX	3.0	2.0	1481	$1,200	$0.81	4d	1	0.85mi
1903 Education Way Dallas, TX	3.0–4.0	2.0–2.5	1775	$2,200	$1.24	0d	13	0.94mi
1339 Mosely Cir Dallas, TX	3.0	2.0	1498	$1,000	$0.67	1d	1	0.95mi
1256 Mosely Cir Dallas, TX	3.0	2.0	1267	$1,500	$1.18	45d	1	0.99mi
10022 Everton Pl Dallas, TX	4.0	2.0	1773	$2,450	$1.38	1d	1	1.04mi
9444 Lipton Ln Dallas, TX	3.0	2.0	1638	$2,150	$1.31	45d	1	1.05mi
442 S Saint Augustine Dr Dallas, TX	3.0	1.0–2.0	703	$1,800	$2.56	23d	1	1.14mi
9290 Crimnson Ct Dallas, TX	3.0	2.0	1606	$2,050	$1.28	45d	1	1.34mi
9290 Crimnson Ct Dallas, TX	3.0	2.0	1606	$1,900	$1.18	3d	1	1.34mi
2356 Licorice Pl Dallas, TX	3.0	2.0	1287	$1,800	$1.40	45d	1	1.43mi
9234 Crimnson Ct Dallas, TX	3.0	2.0	1266	$2,080	$1.64	12d	1	1.43mi
515 Haymarket Rd Dallas, TX	3.0	2.0	1330	$1,900	$1.43	4d	1	1.46mi

Listing history 20 events

1. 2026-06-21
   days on market $229,990 Active 172 DOM
2. 2026-06-18
   days on market $229,990 Active 169 DOM
3. 2026-06-17
   days on market $229,990 Active 168 DOM
4. 2026-06-16
   days on market $229,990 Active 167 DOM
5. 2026-06-15
   days on market $229,990 Active 166 DOM
6. 2026-06-13
   days on market $229,990 Active 164 DOM
7. 2026-06-09
   days on market $229,990 Active 160 DOM
8. 2026-06-08
   days on market $229,990 Active 159 DOM
9. 2026-06-07
   days on market $229,990 Active 158 DOM
10. 2026-06-04
    days on market $229,990 Active 155 DOM
11. 2026-06-03
    days on market $229,990 Active 154 DOM
12. 2026-06-02
    days on market $229,990 Active 153 DOM
13. 2026-06-02
    days on market $229,990 Active 152 DOM
14. 2026-05-31
    days on market $229,990 Active 151 DOM
15. 2026-03-31
    price $229,990 788-char remark

    Show marketing remark (788 chars)

    Discover comfort and convenience in this inviting two-story home! Located on a desirable corner lot, this property offers both privacy and curb appeal, with easy access to major freeways and top employers—making your daily commute easier. Offers 3 Bedrooms, 2.5 Baths – Spacious enough for family living or hosting guests. Open Living & Dining Areas – Perfect for gatherings and everyday enjoyment. Converted Garage Flex Room – Ideal for a home office, gym, or playroom. Rear Entry Parking – Adding convenience and enhancing the home’s exterior appeal. Two-Story Design – Maximizes space and creates a natural flow throughout the home. Corner Lot Advantage – Extra light, added privacy, and a standout presence in the neighborhood.

16. 2025-12-01
    listed $249,990 Active 788-char remark

    Show marketing remark (788 chars)

    Discover comfort and convenience in this inviting two-story home! Located on a desirable corner lot, this property offers both privacy and curb appeal, with easy access to major freeways and top employers—making your daily commute easier. Offers 3 Bedrooms, 2.5 Baths – Spacious enough for family living or hosting guests. Open Living & Dining Areas – Perfect for gatherings and everyday enjoyment. Converted Garage Flex Room – Ideal for a home office, gym, or playroom. Rear Entry Parking – Adding convenience and enhancing the home’s exterior appeal. Two-Story Design – Maximizes space and creates a natural flow throughout the home. Corner Lot Advantage – Extra light, added privacy, and a standout presence in the neighborhood.

17. 2013-04-10
    soldstatus
18. 2013-04-08
    soldstatus Closed 253-char remark

    Show marketing remark (253 chars)

    Well kept home offering 2 stories, 3 bedrooms, 2.5 baths and 1 car garage. Located near I-20, 635, 175 and on DART busline. Great for first time home buyer! Priced as is, where-is. All appliances, i. e. stove, refrigerator, washer & dryer remain.

19. 2013-04-02
    status Pending 253-char remark

    Show marketing remark (253 chars)

    Well kept home offering 2 stories, 3 bedrooms, 2.5 baths and 1 car garage. Located near I-20, 635, 175 and on DART busline. Great for first time home buyer! Priced as is, where-is. All appliances, i. e. stove, refrigerator, washer & dryer remain.

20. 2012-12-20
    listed $74,000 Active 253-char remark

    Show marketing remark (253 chars)

    Well kept home offering 2 stories, 3 bedrooms, 2.5 baths and 1 car garage. Located near I-20, 635, 175 and on DART busline. Great for first time home buyer! Priced as is, where-is. All appliances, i. e. stove, refrigerator, washer & dryer remain.

ⓘ 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: $5,442 · $453/mo
• Projected year-2 tax: $5,442 · $453/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 4/10 Moderate
• 🌡 Heat 7/10 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: $24,560
• − Mortgage interest: −$12,883
• − Property taxes: −$5,442
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,965
• − Management: −$1,965
• − Depreciation: −$6,691
• Taxable loss: −$5,535
• Est. tax savings @ 24.0%: +$1,328
• After-tax cash flow: $-334/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): 85,028
• Household income: $55,723
• Rent vs Own: 37.2% rent · 62.8% own
• Severe rent burden: 2649.0

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 (73%)
• Race & ethnicity: Hispanic / Latino 73% Two or more races 34% Black 20% White 6%
• Hispanic origin (detail): Mexican 68%
• Foreign-born: 30% · Canada, Philippines
• Languages at home: 34% English-only · Spanish 65% Other Asian/Pacific 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: ▼ -17.04%
• Current HPI: 382.5527
• Rent YoY: ▲ 1.02%
• 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

+210.8% since first listed

6 events — show timeline

• 2026-03-31 Price Changed $229,990 NTREIS
• 2025-12-01 Listed $249,990 NTREIS
• 2013-04-10 Sold (Public Records) — Public Records
• 2013-04-08 Sold (MLS) — NTREIS
• 2013-04-02 Pending — NTREIS
• 2012-12-20 Listed $74,000 NTREIS

Property tax history

+7.0%/yr

Latest (2025): $5,442 · -0.4% YoY. Source: county tax records.