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Newlin Plan 🏗️ New Construction
D- Composite 36.83
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).

  • Cash flow +10.3/30.0
  • ARV discount +7.5/15.0
  • Condition / age +3.8/5.0
  • Livability +3.5/5.0
  • Schools +3.3/10.0
  • 1% rule +3.0/10.0
  • DSCR +2.9/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$266,999

Newlin Plan · Mesquite, TX 75181
3 bd · 2.0 ba · 1,522 sqft · SingleFamily · 147 Days on market
Good condition

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

Listing remarks MLS

This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, which are comfortable spaces for household members and overnight guests.

Key facts

  • Walk-in closet
  • Open floorplan
  • Secondary bedrooms

Tags

OPEN FLOORPLANOWNER'S SUITEEN-SUITE BATHROOMWALK-IN CLOSETSECONDARY BEDROOMS

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
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🏗️ New construction. The $266,999 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $311,761.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $267k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-172 ($-2k/yr) — negative.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $251k (6.0% below list).
  • Recommended offer: $235k (12.0% below list) — sets the bar for market timing.
  • Cap rate 5.6% vs local median 4.3% in Mesquite — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 70/100 on livability (#358 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime F, commute F.
  • Mesquite ISD (suburban): math 35% / reading 32% proficiency, ranked #536 of 826 in TX (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Achziger El (math 31% / reading 35%, grade F, #2,208 of 4,322 statewide, top 52%, 846 students, 75% FRL); Berry Middle (math 45% / reading 41%, grade D-, #540 of 1,662 statewide, top 33%, 579 students, 76% FRL); Horn H S (math 41% / reading 36%, grade F, #866 of 1,632 statewide, top 54%, 3,029 students, 74% FRL).
  • Market conditions: Rents flat; 683 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals lingering (median 38d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 61% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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 147 days — a 12% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
Recommended offer $234,959 (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 147 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
0.80%
Cap rate
5.63%
Cash-on-cash
-2.36%
DSCR
0.89
GRM
10.4

CMA / ARV

ARV (median comp)
$311,761
List price
$266,999
Delta
-14.36%
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
129 Glenwood Dr 0.66mi 3/2.0 1,522 (0%) 5mo $241,999 $159 65
114 Wren Way 0.71mi 3/2.0 1,522 (0%) 2mo $256,999 $169 65
108 Little Fox Way 0.73mi 3/2.0 1,522 (0%) 2mo $247,999 $163 64
107 Wren Way 0.75mi 3/2.0 1,522 (0%) 4mo $241,124 $158 62
110 Wren Way 0.71mi 3/2.0 1,522 (0%) 6mo $266,999 $175 62
116 Pecan Flats Rd 0.74mi 3/2.0 1,461 (-4%) 2mo $250,999 $172 57
118 Pecan Flats Rd 0.74mi 3/2.0 1,451 (-5%) 2mo $230,999 $159 56
134 Arbor Hills Rd 0.73mi 3/2.0 1,451 (-5%) 5mo $246,649 $170 54
107 Granite Falls Rd 0.73mi 4/2.0 (+1) 1,720 (+13%) 2mo $278,999 $162 38
112 Wren Way 0.71mi 4/2.0 (+1) 1,720 (+13%) 4mo $263,999 $153 37
131 Glenwood Dr 0.67mi 4/2.0 (+1) 1,720 (+13%) 7mo $255,449 $149 37
111 Wren Way 0.74mi 4/2.0 (+1) 1,720 (+13%) 7mo $283,594 $165 33

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 · 0.07% rent growth · sell at horizon

5-year hold
IRR
-23.5%
Equity multiple
0.21×
Total profit
$-68,616
Equity at exit
$46,485
10-year hold
IRR
-29.1%
Equity multiple
-0.16×
Total profit
$-101,510
Equity at exit
$26,955

Cash invested: $87,293 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
41 active · 22 under contract
Months of supply
6.5 mo (15%/mo absorbed)
Median asking
$346,990 ($201/sqft)
Median days on market
147 d
This list price
12% of active listings are priced below it
ARV vs active asking
+2.1% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 75181

Home prices YoY
-9.4%
Rents YoY
0.1%
Active inventory
683
Price-to-rent
8.9×

Monthly cashflow live

Estimated rent
$2,510 high interval (Pro) →
Mortgage (P&I)
$1,635
Tax est. 1.5%
$390 /mo · $4,676/yr
Insurance
$130
HOA
$0
Vacancy / Maint / Mgmt
$527
Net cashflow
$-172

Break-even live

Break-even rent $2,727
Max offer price $286,890
Occupancy floor

Sensitivity live

Price -10% $44 -5% $-64 +0% $-172 +5% $-280 +10% $-387
Rent -10% $-370 -5% $-271 +0% $-172 +5% $-73 +10% $26
Rate -1.0pp $-15 -0.5pp $-93 base $-172 +0.5pp $-253 +1.0pp $-335

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
$77,940
Closing costs
$9,353
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 28 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1320 Junction Run Mesquite, TX 3.0 2.0 1791 $2,450 $1.37 38d 1 0.73mi
1320 Junction Run Mesquite, TX 3.0 2.0 1791 $2,395 $1.34 21d 1 0.73mi
1332 Nimitz Way Mesquite, TX 4.0 2.0 2109 $2,230 $1.06 13d 1 0.73mi
2004 Poppy Way Mesquite, TX 3.0 2.0 1572 $2,700 $1.72 93d 1 0.82mi
1309 Dawson Way Mesquite, TX 4.0 2.0 1952 $2,222 $1.14 3d 1 0.82mi
1309 Dawson Way Mesquite, TX 4.0 2.0 1952 $2,222 $1.14 57d 1 0.82mi
1229 Nimitz Way Mesquite, TX 4.0 2.0 2075 $2,300 $1.11 37d 1 0.92mi
2749 Ingram Cir Mesquite, TX 3.0 2.0 1791 $1,899 $1.06 25d 1 0.98mi
1045 Cavern Dr Mesquite, TX 3.0 2.0 1659 $2,195 $1.32 18d 1 1.02mi
808 Creekside Dr Mesquite, TX 3.0 2.0 1886 $2,200 $1.17 3d 1 1.16mi
824 Elm Falls Pl Mesquite, TX 3.0 2.5 2141 $1,950 $0.91 3d 1 1.17mi
2600 Waterloo Ln Mesquite, TX 3.0 2.0 1460 $1,900 $1.30 93d 1 1.20mi
2805 Cameron Way Mesquite, TX 3.0 2.0 1660 $2,150 $1.30 62d 1 1.20mi
2805 Cameron Way Mesquite, TX 3.0 2.0 1660 $2,095 $1.26 42d 1 1.20mi
2508 Hawk Dr Mesquite, TX 3.0 2.0 1771 $2,525 $1.43 0d 1 1.22mi
815 Valleycreek Rd Mesquite, TX 3.0 2.0 1788 $2,500 $1.40 93d 1 1.24mi
222 Redwood St Mesquite, TX 3.0 2.0 1132 $1,775 $1.57 93d 1 1.27mi
2008 Cheshire Ct Mesquite, TX 3.0 2.0 2003 $3,675 $1.83 38d 1 1.28mi
127 Woodhill St Mesquite, TX 3.0 2.0 1545 $1,950 $1.26 60d 1 1.28mi
706 Valleycreek Rd Mesquite, TX 3.0 2.0 1390 $2,225 $1.60 3d 1 1.31mi
2801 Sonora Ln Mesquite, TX 4.0 2.0 1938 $2,245 $1.16 73d 1 1.31mi
2724 Windswept Ln Mesquite, TX 3.0 2.0 1402 $2,300 $1.64 73d 1 1.35mi
2800 Crockett Pl Mesquite, TX 3.0 2.0 1660 $1,895 $1.14 71d 1 1.35mi
2737 Windswept Ln Mesquite, TX 4.0 2.0 1739 $2,800 $1.61 28d 1 1.37mi
2324 Cantura Dr Mesquite, TX 4.0 2.0 2190 $2,500 $1.14 34d 1 1.38mi
4642 Elm Point Dr Balch Springs, TX 3.0 2.0 2100 $2,175 $1.04 32d 1 1.46mi
1809 Osage Trl Mesquite, TX 4.0 2.0 2022 $2,599 $1.29 66d 1 1.48mi
14625 Briarcrest Dr Balch Springs, TX 4.0 2.0 1772 $2,000 $1.13 3d 1 1.48mi

Listing history 50 events

  1. 2026-08-08
    days on market $266,999 Active 147 DOM
  2. 2026-08-06
    days on market $266,999 Active 145 DOM
  3. 2026-08-05
    days on market $266,999 Active 144 DOM
  4. 2026-08-04
    days on market $266,999 Active 143 DOM
  5. 2026-08-03
    days on market $266,999 Active 142 DOM
  6. 2026-07-31
    days on market $266,999 Active 139 DOM
  7. 2026-07-30
    days on market $266,999 Active 138 DOM
  8. 2026-07-30
    days on market $266,999 Active 137 DOM
  9. 2026-07-28
    days on market $266,999 Active 136 DOM
  10. 2026-07-26
    days on market $266,999 Active 134 DOM
  11. 2026-07-24
    days on market $266,999 Active 132 DOM
  12. 2026-07-23
    days on market $266,999 Active 131 DOM
  13. 2026-07-22
    days on market $266,999 Active 130 DOM
  14. 2026-07-20
    days on market $266,999 Active 128 DOM
  15. 2026-07-18
    days on market $266,999 Active 126 DOM
  16. 2026-07-18
    days on market $266,999 Active 125 DOM
  17. 2026-07-16
    days on market $266,999 Active 124 DOM
  18. 2026-07-15
    days on market $266,999 Active 123 DOM
  19. 2026-07-14
    days on market $266,999 Active 122 DOM
  20. 2026-07-13
    days on market $266,999 Active 121 DOM
  21. 2026-07-13
    days on market $266,999 Active 120 DOM
  22. 2026-07-11
    days on market $266,999 Active 119 DOM
  23. 2026-07-10
    days on market $266,999 Active 118 DOM
  24. 2026-07-09
    days on market $266,999 Active 117 DOM
  25. 2026-07-07
    days on market $266,999 Active 115 DOM
  26. 2026-07-06
    days on market $266,999 Active 114 DOM
  27. 2026-07-06
    days on market $266,999 Active 113 DOM
  28. 2026-07-05
    days on market $266,999 Active 112 DOM
  29. 2026-07-03
    days on market $266,999 Active 111 DOM
  30. 2026-07-02
    days on market $266,999 Active 110 DOM
  31. 2026-07-01
    days on market $266,999 Active 109 DOM
  32. 2026-06-30
    days on market $266,999 Active 108 DOM
  33. 2026-06-29
    days on market $266,999 Active 107 DOM
  34. 2026-06-28
    days on market $266,999 Active 106 DOM
  35. 2026-06-26
    days on market $266,999 Active 104 DOM
  36. 2026-06-24
    days on market $266,999 Active 102 DOM
  37. 2026-06-22
    days on market $266,999 Active 100 DOM
  38. 2026-06-21
    days on market $266,999 Active 99 DOM
  39. 2026-06-18
    days on market $266,999 Active 96 DOM
  40. 2026-06-17
    days on market $266,999 Active 95 DOM
  41. 2026-06-16
    days on market $266,999 Active 94 DOM
  42. 2026-06-15
    days on market $266,999 Active 93 DOM
  43. 2026-06-13
    days on market $266,999 Active 91 DOM
  44. 2026-06-13
    days on market $266,999 Active 90 DOM
  45. 2026-06-09
    days on market $266,999 Active 87 DOM
  46. 2026-06-08
    days on market $266,999 Active 86 DOM
  47. 2026-06-07
    days on market $266,999 Active 85 DOM
  48. 2026-06-04
    days on market $266,999 Active 82 DOM
  49. 2026-06-03
    days on market $266,999 Active 81 DOM
  50. 2026-06-02
    days on market $266,999 Active 80 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$30,116
− Mortgage interest
−$17,463
− Property taxes
−$4,676
− Insurance
−$1,559
− Repairs & maintenance
−$2,409
− Management
−$2,409
− Depreciation
−$9,069
Taxable loss
−$7,471
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,793
After-tax cash flow
$-270/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.

Condition & rehab AI · 1 photo

Good 75/100 Cosmetic rehab Est. rehab $7,610–$22,830 screening

This single-level home is in good condition with a good condition score of 75. It is move-in ready with minor cosmetic improvements that could further enhance its resale and rental value.

Value-add opportunities

  • Both Painting exterior and interior — Enhances curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhances curb appeal and adds value
  • Both New flooring in bathrooms and kitchen — Improves functionality and aesthetics
  • Both New window treatments — Enhances curb appeal and interior aesthetics

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 33/100

Zoned Schools

Elementary Achziger El F TX #2,208/4,322 Nat'l #24,614/41,679 Middle Dr Don Woolley Middle F TX #1,177/1,662 Nat'l #9,793/14,009 High Horn H S F TX #866/1,632 Nat'l #8,796/17,239

Schools (NCES district)

District
Mesquite ISD
NCES district ID
4830390
Math proficiency
35% ▼ -11.00%
Reading proficiency
32% ▼ -7.00%
Median HH income
$49,372
Composite
29.06/100
National rank
#6606
State rank
#536 of 826 in TX
B Composite livability gradescore 70/100

Livability — Mesquite

Score
70/100
State rank
#358
US rank
#7743

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Mesquite, TX
County
Dallas County · 2,979,839 people
City population
150,788
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
29,788
Household income
$111,052
Rent vs Own
16.2% rent · 83.8% own
Severe rent burden
29% of renters

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 0.71)
Race & ethnicity
Black 39% Hispanic / Latino 32% Two or more races 21% White 16% Asian 5% Native American 1%
Hispanic origin (detail)
Mexican 27% Puerto Rican 1%
Common ancestry
Slovak 2% Italian 1%
Foreign-born
22% · Canada, Vietnam
Languages at home
64% English-only · Spanish 27% Tagalog/Filipino 3% 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

Price history

1 event — show timeline
  • 2026-03-14 Listed $266,999 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…