4755 Nome St · Dallas, TX 75216

$130,000

2 bd · 1.0 ba · 1,092 sqft · SingleFamily public records · 24 Days on market

Built 1940 7,449 sqft lot Est $250k · 48% under

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Why this score? — see what drove the B 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 +27.2/30.0
• ARV discount +15.0/15.0
• DSCR +9.5/10.0
• 1% rule +8.9/10.0
• Livability +4.0/5.0
• Rent growth +3.6/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Opportunity awaits on this mid-renovation fixer. Buyer to do all due diligence for completing repair project, including permitting. GREAT opportunity for value-add, long term rental or quick turn. Similar homes have been renovated recently in the neighborhood providing for good comparable data. Visit today and make an offer!

Key facts

• 7,449 sq ft lot
• Built 1940
• Listed 24 days

Property features AI

Finance

• Other: County: Dallas; Country: United States; Directions: Use GPS; High geocode confidence
• Financial info: Listing terms: Cash or Other; Treat as clear loan type; No second mortgage indicated; Property listed as real estate owned (REO)
• HOA & community: No homeowners association

Exterior

• Parking: On-street parking; Other parking options
• Utilities: City water; City sewer; Cable available; Not in a municipal utility district
• Home design: Single-family residence; Residential property; Single-story; Property not attached; Accessibility features not indicated
• Construction: Built in 1940; Composition roof; Slab foundation
• Exterior features: Lot less than 0.5 acre; Subdivision: Central Ave

Interior

• Kitchen: Kitchen (appliances not included)
• Bedrooms: 2 bedrooms (both on level 1)
• Bathrooms: 2 bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Built-in features; One living area; One dining area; Total rooms: 6; One level (single story)
• Laundry & utility: Utility room for laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $307 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $128k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.7% 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: Elisha M Pease El (math 18% / reading 24%, grade F, #3,492 of 4,322 statewide, top 81%, 817 students, 98% FRL); D A Hulcy Steam Middle (math 33% / reading 32%, grade F, #947 of 1,662 statewide, top 58%, 423 students, 88% FRL); South Oak Cliff H S (math 12% / reading 17%, grade F, #1,522 of 1,632 statewide, top 94%, 1,513 students, 94% FRL).
• Market conditions: Rents rising fast (+4.2%/yr); 253 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
• At $1,808/mo this rent would consume 52% of the median local household income ($41k/yr) (locally 2465% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k 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.
• At projected returns (-3.0% appreciation + 4.2% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($128k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 2.9% of price; flood insurance adds $66/mo; built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk; 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 $128,050 (1.5% below list)

Questions for the listing agent

1. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
7. 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.
8. 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: 1.39% ✓
• Cap rate: 9.74%
• Cash-on-cash: 12.32%
• DSCR: 1.55
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $250,068
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4636 Luzon St	0.38mi	2/1.0	1,134 (+4%)	2mo	$99,900	$88	74
4712 Burma Rd	0.19mi	3/2.0 (+1)	1,106 (+1%)	11mo	$259,000	$234	71
4750 Burma Rd	0.16mi	3/2.0 (+1)	1,090 (-0%)	16mo	$249,990	$229	70

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 · 4.2% rent growth · sell at horizon

5-year hold

• IRR: 0.6%
• Equity multiple: 1.02×
• Total profit: $871
• Equity at exit: $19,383

10-year hold

• IRR: 11.7%
• Equity multiple: 1.99×
• Total profit: $35,907
• Equity at exit: $11,240

Cash invested: $36,400 (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 75216

• Home prices YoY: -29.7%
• Rents YoY: 4.2%
• Active inventory: 253
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,808 high
• Mortgage (P&I): −$682
• Tax from tax record: −$319 /mo · $3,829/yr
• Insurance: −$54
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$380
• Net cashflow: $307

Break-even live

Break-even rent $1,420

Max offer price $130,000

Occupancy floor 78%

Sensitivity live

Price	-10% $381	-5% $344	+0% $307	+5% $270	+10% $234
Rent	-10% $164	-5% $236	+0% $307	+5% $379	+10% $450
Rate	-1.0pp $373	-0.5pp $340	base $307	+0.5pp $273	+1.0pp $239

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4717 Zealand St Dallas, TX	3.0	2.0	1280	$2,195	$1.71	20d	1	0.10mi
4744 Stokes St Dallas, TX	3.0	2.0	1440	$1,700	$1.18	12d	1	0.12mi
4718 Zealand St Dallas, TX	3.0	2.0	1280	$2,195	$1.71	20d	1	0.12mi
4724 Stokes St Dallas, TX	2.0	1.0	728	$1,200	$1.65	1d	1	0.13mi
4750 Burma Rd Dallas, TX	3.0	2.0	1090	$1,499	$1.38	26d	1	0.16mi
4720 Burma Rd Dallas, TX	3.0	2.0	1318	$1,895	$1.44	45d	1	0.17mi
2727 Choice St Dallas, TX	3.0	2.0	1175	$1,799	$1.53	26d	1	1.48mi

Listing history 16 events

1. 2026-06-21
   days on market $130,000 Active 24 DOM
2. 2026-06-18
   days on market $130,000 Active 21 DOM
3. 2026-06-17
   days on market $130,000 Active 20 DOM
4. 2026-06-16
   days on market $130,000 Active 19 DOM
5. 2026-06-15
   days on market $130,000 Active 18 DOM
6. 2026-06-13
   days on market $130,000 Active 16 DOM
7. 2026-06-09
   days on market $130,000 Active 12 DOM
8. 2026-06-08
   days on market $130,000 Active 11 DOM
9. 2026-06-07
   days on market $130,000 Active 10 DOM
10. 2026-06-04
    days on market $130,000 Active 7 DOM
11. 2026-06-03
    days on market $130,000 Active 6 DOM
12. 2026-06-02
    days on market $130,000 Active 5 DOM
13. 2026-06-01
    days on market $130,000 Active 4 DOM
14. 2026-05-31
    days on market $130,000 Active 3 DOM
15. 2026-05-27
    listed $130,000 Active
16. 2024-06-25
    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: $3,829 · $319/mo
• Projected year-2 tax: $3,829 · $319/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 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°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 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,701
• − Mortgage interest: −$7,282
• − Property taxes: −$3,829
• − Insurance: −$1,448
• − Repairs & maintenance: −$1,736
• − Management: −$1,736
• − Depreciation: −$3,782
• Taxable income: $1,888
• Est. tax owed @ 24.0%: −$453
• After-tax cash flow: $3,233/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): 55,894
• Household income: $41,386
• Rent vs Own: 44.2% rent · 55.8% own
• Severe rent burden: 2465.0

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: Majority Black (51%)
• Race & ethnicity: Black 51% Hispanic / Latino 44% Two or more races 14% White 3%
• Hispanic origin (detail): Mexican 40%
• Common ancestry: Hispanic 1%
• Foreign-born: 17% · Canada
• Languages at home: 62% English-only · Spanish 37%

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: ▼ -126.35%
• Current HPI: 299.1825
• Rent YoY: ▲ 4.20%
• 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

2 events — show timeline

• 2026-05-27 Listed $130,000 NTREIS
• 2024-06-25 Sold (Public Records) — Public Records

Property tax history

+12.0%/yr

Latest (2025): $3,829 · +20.0% YoY. Source: county tax records.