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13741 Biggs St Multi-family
D Composite 42.45
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 +9.3/30.0
  • Livability +4.0/5.0
  • 1% rule +3.8/10.0
  • Schools +2.8/10.0
  • DSCR +2.6/10.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • Appreciation +0.0/10.0

$209,700

13741 Biggs St · Dallas, TX 75253
3 bd · 2.0 ba · 1,218 sqft · MultiFamily public records · 194 Days on market
Built 2003 5,053 sqft lot $172/sqft · 21% below area Est $266k · 21% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

This fully remodeled 3-bedroom, 2-bath home with a 2-car garage is move-in ready with fresh paint, new vinyl flooring, and updated bathrooms. Affordable and budget-friendly, it’s an ideal opportunity to step into homeownership — low down payment options may be available to help you get started!

Key facts

  • 5,053 sq ft lot
  • 2 garage spots
  • Built 2003

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 3-bed/2.0-bath multifamily listed at $210k.

Deal economics

  • At list price, monthly cash flow is $-153 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $183k (12.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $184k (12.0% below list).
  • Recommended offer: $183k (12.9% below list) — sets the bar for cash-flow.
  • Cap rate 5.4% 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: Kleberg El (math 29% / reading 32%, grade F, #2,464 of 4,322 statewide, top 58%, 816 students, 89% FRL); Seagoville Middle (math 18% / reading 23%, grade F, #1,407 of 1,662 statewide, top 86%, 1,419 students, 88% FRL); Seagoville H S (math 15% / reading 21%, grade F, #1,445 of 1,632 statewide, top 89%, 1,779 students, 87% FRL) — zoned schools at 88% FRL track the district average.
  • Market conditions: Rents soft (-0.6%/yr); 125 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals leasing fast (median 10d 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 36% 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 $6k 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 194 days — a 12% lower offer ($185k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 16y ago; this cycle's ask has dropped $25k (11%) 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $182,593 (12.9% 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 194 days. Have you received any prior offers? Is the seller open to a 13% 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 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
0.88%
Cap rate
5.41%
Cash-on-cash
-3.14%
DSCR
0.86
GRM
9.5

CMA / ARV

ARV (median comp)
$266,411
List price
$209,700
Delta
-21.29%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

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

5-year hold
IRR
-25.3%
Equity multiple
0.16×
Total profit
$-49,032
Equity at exit
$31,267
10-year hold
IRR
-36.9%
Equity multiple
-0.29×
Total profit
$-75,656
Equity at exit
$18,131

Cash invested: $58,716 (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 75253

Home prices YoY
-7.2%
Rents YoY
-0.6%
Active inventory
125
Price-to-rent
9.5×

Monthly cashflow live

Estimated rent
$1,845 high interval (Pro) →
Mortgage (P&I)
$1,100
Tax from tax record
$424 /mo · $5,083/yr
Insurance
$87
HOA
$0
Vacancy / Maint / Mgmt
$387
Net cashflow
$-153

Break-even live

Break-even rent $2,039
Max offer price $182,593
Occupancy floor

Sensitivity live

Price -10% $-35 -5% $-94 +0% $-153 +5% $-213 +10% $-272
Rent -10% $-299 -5% $-226 +0% $-153 +5% $-81 +10% $-8
Rate -1.0pp $-48 -0.5pp $-100 base $-153 +0.5pp $-208 +1.0pp $-263

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
$52,425
Closing costs
$6,291
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 17 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
13637 Biggs St Dallas, TX 3.0 2.0 1227 $1,700 $1.39 6d 1 0.11mi
13631 Biggs St Dallas, TX 3.0 2.0 1272 $1,595 $1.25 45d 1 0.12mi
1612 Hunterwood Dr Dallas, TX 2.0 1.0 948 $1,595 $1.68 9d 1 0.43mi
1367 Barrel Dr Dallas, TX 3.0 2.0 1315 $1,909 $1.45 24d 1 0.66mi
1334 Barrel Dr Dallas, TX 3.0 2.0 1315 $1,800 $1.37 45d 1 0.69mi
1310 Barrel Dr Dallas, TX 3.0 2.0 1315 $1,760 $1.34 4d 1 0.69mi
1310 Barrel Dr Dallas, TX 3.0 2.0 1315 $1,826 $1.39 15d 1 0.69mi
13660 C F Hawn Fwy Dallas, TX 2.0 1.0–2.0 671 $1,475 $2.20 0d 34 0.77mi
1717 Round House Ln Dallas, TX 3.0 2.0 1260 $2,099 $1.67 9d 1 0.97mi
1759 Round House Ln Unit 1546066P Dallas, TX 3.0 2.0 1442 $3,430 $2.38 16d 1 0.98mi
2809 N Highway 175 Seagoville, TX 3.0 1.0 998 $1,300 $1.30 0d 1 1.10mi
2709 Lexington St Seagoville, TX 3.0 2.0 1215 $1,820 $1.50 1d 1 1.11mi
14311 Skyfrost Dr Dallas, TX 3.0 2.0 1140 $1,499 $1.31 24d 1 1.20mi
12248 Ortega St Dallas, TX 3.0 2.0 1346 $1,970 $1.46 5d 1 1.24mi
12416 Fish Rd Dallas, TX 4.0 2.0 1427 $2,011 $1.41 7d 1 1.33mi
2222 Echo Lake Dr Dallas, TX 3.0 2.0 1350 $1,850 $1.37 18d 1 1.44mi
272 W Lawson Rd Dallas, TX 3.0 1.0 896 $1,329 $1.48 9d 1 1.49mi

Listing history 26 events

  1. 2026-06-21
    days on market $209,700 Active 194 DOM
  2. 2026-06-18
    days on market $209,700 Active 191 DOM
  3. 2026-06-17
    days on market $209,700 Active 190 DOM
  4. 2026-06-16
    days on market $209,700 Active 189 DOM
  5. 2026-06-15
    days on market $209,700 Active 188 DOM
  6. 2026-06-13
    days on market $209,700 Active 186 DOM
  7. 2026-06-09
    days on market $209,700 Active 182 DOM
  8. 2026-06-08
    days on market $209,700 Active 181 DOM
  9. 2026-06-07
    days on market $209,700 Active 180 DOM
  10. 2026-06-04
    days on market $209,700 Active 177 DOM
  11. 2026-06-03
    days on market $209,700 Active 176 DOM
  12. 2026-06-02
    days on market $209,700 Active 175 DOM
  13. 2026-06-02
    days on market $209,700 Active 174 DOM
  14. 2026-05-31
    days on market $209,700 Active 173 DOM
  15. 2026-05-06
    price $209,700 307-char remark
    Show marketing remark (307 chars)

    This fully remodeled 3-bedroom, 2-bath home with a 2-car garage is move-in ready with fresh paint, new vinyl flooring, and updated bathrooms. Affordable and budget-friendly, it’s an ideal opportunity to step into homeownership — low down payment options may be available to help you get started!

  16. 2026-04-15
    price $219,700 307-char remark
    Show marketing remark (307 chars)

    This fully remodeled 3-bedroom, 2-bath home with a 2-car garage is move-in ready with fresh paint, new vinyl flooring, and updated bathrooms. Affordable and budget-friendly, it’s an ideal opportunity to step into homeownership — low down payment options may be available to help you get started!

  17. 2026-03-03
    price $224,700 307-char remark
    Show marketing remark (307 chars)

    This fully remodeled 3-bedroom, 2-bath home with a 2-car garage is move-in ready with fresh paint, new vinyl flooring, and updated bathrooms. Affordable and budget-friendly, it’s an ideal opportunity to step into homeownership — low down payment options may be available to help you get started!

  18. 2026-02-12
    price $229,700 307-char remark
    Show marketing remark (307 chars)

    This fully remodeled 3-bedroom, 2-bath home with a 2-car garage is move-in ready with fresh paint, new vinyl flooring, and updated bathrooms. Affordable and budget-friendly, it’s an ideal opportunity to step into homeownership — low down payment options may be available to help you get started!

  19. 2025-12-09
    listed $235,000 Active 307-char remark
    Show marketing remark (307 chars)

    This fully remodeled 3-bedroom, 2-bath home with a 2-car garage is move-in ready with fresh paint, new vinyl flooring, and updated bathrooms. Affordable and budget-friendly, it’s an ideal opportunity to step into homeownership — low down payment options may be available to help you get started!

  20. 2025-12-04
    historical
  21. 2025-10-30
    listed $250,000 Active
  22. 2025-06-03
    soldstatus
  23. 2010-04-09
    soldstatus
  24. 2010-02-19
    historical
  25. 2010-02-15
    listed $64,900
  26. 2009-11-20
    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
$5,083 · $424/mo
Projected year-2 tax
$5,083 · $424/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 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 · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,135
− Mortgage interest
−$11,746
− Property taxes
−$5,083
− Insurance
−$1,048
− Repairs & maintenance
−$1,771
− Management
−$1,771
− Depreciation
−$6,100
Taxable loss
−$5,385
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,292
After-tax cash flow
$-549/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

Price history

+223.1% since first listed
12 events — show timeline
  • 2026-05-06 Price Changed $209,700 NTREIS
  • 2026-04-15 Price Changed $219,700 NTREIS
  • 2026-03-03 Price Changed $224,700 NTREIS
  • 2026-02-12 Price Changed $229,700 NTREIS
  • 2025-12-09 Listed $235,000 NTREIS
  • 2025-12-04 Listing Removed NTREIS
  • 2025-10-30 Listed $250,000 NTREIS
  • 2025-06-03 Sold (Public Records) Public Records
  • 2010-04-09 Sold (MLS) NTREIS
  • 2010-02-19 Listing Removed NTREIS
  • 2010-02-15 Listed $64,900 NTREIS
  • 2009-11-20 Sold (Public Records) Public Records

Property tax history

+4.1%/yr

Latest (2025): $5,083 · +13.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…