330 Las Colinas Blvd E #348 · Irving, TX 75039

$1,900

1 bd · 1.0 ba · 813 sqft · Condo public records · 1 Days on market

Built 2001

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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).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Appreciation +4.7/10.0
• Livability +4.0/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0

Listing remarks MLS

Upscale condo complex in heart of trendy Las Colinas location. Property in excellent condition. Kitchen overlooks spacious living area with glass doors looking out to balcony. Large master with great master bath. Spectacular HOA amenities including pool, weight room, concierge and more.

Key facts

• Pool with gas grills
• Granite countertops
• Built in desk

Tags

• UPDATED WOOD LIKE FLOORING
• GRANITE COUNTERTOPS
• BUILT IN DESK
• 24 HOUR CONCIERGE SERVICES
• LARGE GYM
• POOL WITH GAS GRILLS

Property features AI

Finance

• Other: No smoking restriction; Additional unspecified restrictions
• HOA & community: Association covers front yard maintenance, full use of facilities, insurance, grounds maintenance, structure maintenance, management fees, pest control, and security; Association type: None listed

Exterior

• Parking: Assigned parking; Covered parking (1); Carport (1); 1-car attached garage; Electric gate; Gated community; Lighted parking; Kitchen-level parking access
• Security: Carbon monoxide detector(s); Fire sprinkler system; Smoke detector(s)
• Utilities: City water; City sewer; Co-op electric; Individual water meter; Curbs
• Home design: Residential condominium; Attached property; One level; Built in 2001; Brick construction
• Construction: Brick exterior; Year built: 2001
• Exterior features: Zero lot configuration; Canal (man-made) waterfront; Has pool; Front yard maintenance included in association

Interior

• Kitchen: Dishwasher; Disposal; Electric range; Microwave; Refrigerator; Ice maker; Breakfast bar; Built-in cabinets; Granite countertops; Pantry; Water line to refrigerator
• Bedrooms: 1 bedroom (primary bedroom on main level with walk-in closet and dual sinks)
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric)
• Interior features: Elevator; Flat screen wiring; Granite counters; Open floorplan; Pantry; Walk-in closet(s); 4 total rooms; 1 living area; 1 dining area
• Laundry & utility: Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $2k.

Deal economics

• At list price, monthly cash flow is $622 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $2k).
• Cap rate 399.4% vs local median 2.6% in Irving — 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 80/100 on livability (#45 in TX, #1,913 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-.
• Irving ISD (urban): math 19% / reading 25% proficiency, ranked #751 of 826 in TX (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Farine El (math 19% / reading 31%, grade F, #3,013 of 4,322 statewide, top 70%, 879 students, 80% FRL).
• Market conditions: Rents flat; 100 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).

Forward outlook

• In year one you build about $2 of equity ($13 loan paydown + $-11 appreciation (-0.6% local appreciation)).
• Dallas County population projected at +35% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-0.6% appreciation + 0.4% rent growth), your $532 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 16y 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: HOA is 40% of rent.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,900

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 85.78% ✓
• Cap rate: 399.40%
• Cash-on-cash: 1403.95%
• DSCR: 63.47
• GRM: 0.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.59% appreciation · 0.39% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 68.27×
• Total profit: $35,788
• Equity at exit: $496

10-year hold

• IRR: —
• Equity multiple: 128.60×
• Total profit: $67,884
• Equity at exit: $554

Cash invested: $532 (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 75039

• Home prices YoY: -0.4%
• Rents YoY: 0.4%
• Active inventory: 100
• Price-to-rent: 0.1×

Monthly cashflow live

• Estimated rent: $1,630 high
• Mortgage (P&I): −$10
• Tax est. 1.5%: −$2 /mo · $28/yr
• Insurance: −$1
• HOA est. from 20 same-building comps: −$652
• Vacancy / Maint / Mgmt: −$342
• Net cashflow: $622

Break-even live

Break-even rent $842

Max offer price $1,900

Occupancy floor 57%

Sensitivity live

Price	-10% $624	-5% $623	+0% $622	+5% $622	+10% $621
Rent	-10% $494	-5% $558	+0% $622	+5% $687	+10% $751
Rate	-1.0pp $623	-0.5pp $623	base $622	+0.5pp $622	+1.0pp $621

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: $475
• Closing costs: $57
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
330 Las Colinas Blvd E Irving, TX	1.0	1.0	809	$1,825	$2.26	5d	2	0.04mi
330 Las Colinas Blvd E Irving, TX	1.0	1.0	809	$1,900	$2.35	45d	2	0.04mi
330 Las Colinas Blvd E Irving, TX	1.0	1.0	838	$1,796	$2.14	23d	2	0.04mi
330 Las Colinas Blvd E #348 Irving, TX	1.0	1.0	813	$1,900	$2.34	9d	1	0.04mi
301 Las Colinas Blvd W Irving, TX	1.0–2.0	1.0–2.0	875	$1,485	$1.70	0d	14	0.10mi
385 E Las Colinas Blvd Unit 412 Irving, TX	2.0	2.0	873	$1,525	$1.75	0d	1	0.11mi
385 E Las Colinas Blvd Unit 406 Irving, TX	1.0	1.0	573	$1,145	$2.00	15d	1	0.11mi
385 E Las Colinas Blvd Unit 442 Irving, TX	2.0	2.0	873	$1,335	$1.53	45d	1	0.11mi
385 Las Colinas Blvd E Irving, TX	—	1.0	921	$1,350	$1.47	4d	1	0.11mi
385 Las Colinas Blvd E Irving, TX	2.0	2.0	1054	$1,890	$1.79	0d	1	0.11mi
350 Las Colinas Blvd E Irving, TX	2.0	1.0–2.0	984	$1,856	$1.89	0d	27	0.12mi
385 E Las Colinas Blvd Unit 2121 Irving, TX	2.0	2.0	873	$1,479	$1.69	0d	1	0.14mi
385 E Las Colinas Blvd Unit 422 Irving, TX	2.0	2.0	873	$1,519	$1.74	12d	1	0.14mi
755 Las Colinas Blvd Unit 11669 Irving, TX	1.0	1.0	867	$1,900	$2.19	0d	1	0.27mi
755 Las Colinas Blvd Unit 6619 Irving, TX	1.0	1.0	786	$1,695	$2.16	0d	1	0.27mi
5270 N O'Connor Blvd Irving, TX	2.0	1.0–2.0	992	$2,710	$2.73	0d	33	0.30mi
900 Lake Carolyn Pkwy Irving, TX	1.0–2.0	1.0–2.0	977	$1,745	$1.79	0d	18	0.31mi
850 Lake Carolyn Pkwy Irving, TX	1.0–2.0	1.0–2.0	969	$1,419	$1.46	0d	40	0.32mi
909 Lake Carolyn Pkwy Irving, TX	1.0	1.0	720	$1,057	$1.47	45d	1	0.37mi
871 Lake Carolyn Pkwy Irving, TX	2.0	1.0–2.0	1086	$1,921	$1.77	0d	36	0.39mi
800 Lake Carolyn Pkwy Irving, TX	3.0	1.0–2.0	1097	$2,465	$2.25	0d	30	0.40mi
801 Lake Carolyn Pkwy Irving, TX	1.0–3.0	1.0–2.0	1026	$1,316	$1.28	0d	20	0.47mi
1001 Lake Carolyn Pkwy Irving, TX	1.0–2.0	1.0–2.0	1121	$1,315	$1.17	0d	35	0.50mi
692 Lake Carolyn Pkwy Irving, TX	1.0–2.0	1.0–2.0	957	$1,431	$1.50	0d	34	0.50mi
601 Las Colinas Blvd E Irving, TX	1.0–3.0	1.0–2.0	1215	$2,297	$1.89	0d	21	0.50mi
777 Lake Carolyn Pkwy Irving, TX	2.0	1.0–2.0	921	$2,150	$2.33	0d	37	0.56mi
1100 Lake Carolyn Pkwy Irving, TX	2.0	1.0–2.0	944	$2,136	$2.26	0d	29	0.58mi
757 Lake Carolyn Pkwy Apt 2246 Irving, TX	2.0	2.0	1083	$1,556	$1.44	45d	1	0.59mi
655 Promenade Irving, TX	1.0–2.0	1.0–2.0	935	$1,598	$1.71	0d	28	0.68mi
555 Promenade Pkwy Irving, TX	2.0	1.0–2.0	1045	$2,075	$1.99	0d	26	0.70mi
4809 N O'Connor Rd Irving, TX	1.0–2.0	1.0–2.0	945	$1,073	$1.14	0d	22	0.74mi
556 Promenade Pkwy Irving, TX	1.0	1.0	616	$873	$1.42	45d	1	0.75mi
200 W John Carpenter Fwy Irving, TX	1.0	1.0	744	$948	$1.27	45d	1	0.79mi
330 W Las Colinas Blvd Irving, TX	1.0	1.0	826	$1,550	$1.88	14d	1	0.80mi
4549 N O Connor Rd #1262 Irving, TX	2.0	2.0	1046	$1,800	$1.72	25d	1	0.81mi
5601 Riverside Dr Irving, TX	1.0	1.0	625	$1,423	$2.28	45d	1	0.83mi
4569 N O Connor Rd #2318 Irving, TX	2.0	2.0	1120	$1,750	$1.56	6d	1	0.89mi
4525 N O Connor Rd #1184 Irving, TX	2.0	2.0	1046	$1,700	$1.63	45d	1	0.90mi
5353 Las Colinas Blvd Irving, TX	1.0–2.0	1.0–2.0	922	$1,408	$1.53	0d	19	1.00mi
3701 N O'Connor Rd Irving, TX	1.0–2.0	1.0–2.0	1071	$1,119	$1.04	0d	27	1.00mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: pooldoorman
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 2 events

1. 2026-06-07
   remarks 544-char remark
2. 2026-06-07
   listed $1,900 Active 1 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,558
• − Mortgage interest: −$106
• − Property taxes: −$28
• − Insurance: −$10
• − Repairs & maintenance: −$1,565
• − Management: −$1,565
• − HOA: −$7,824
• − Depreciation: −$55
• Taxable income: $8,405
• Est. tax owed @ 24.0%: −$2,017
• After-tax cash flow: $5,452/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: Irving ISD
• NCES district ID: 4824420
• Math proficiency: 19% ▼ -28.00%
• Reading proficiency: 25% ▼ -11.00%
• Median HH income: $44,870
• Composite: 19.06/100
• National rank: #8840
• State rank: #751 of 826 in TX

Livability — Irving

• Score: 80/100
• State rank: #45
• US rank: #1913

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Irving, TX
• County: Dallas County · 2,612,404 people
• City population: 258,488
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 24,164
• Household income: $104,853
• Rent vs Own: 84.4% rent · 15.6% own
• Severe rent burden: 1211.0

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 0.75)
• Race & ethnicity: Asian 34% White 31% Hispanic / Latino 16% Black 13% Two or more races 11%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Slovak 2% Swedish 1% Italian 1%
• Foreign-born: 39% · Canada, China, South Korea
• Languages at home: 52% English-only · Other Asian/Pacific 17% Spanish 11% Other Indo-European 11%

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: ▼ -0.59%
• Current HPI: 163.0275
• Rent YoY: ▲ 0.39%
• 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

-98.3% since first listed

14 events — show timeline

• 2026-06-03 Listed $1,900 NTREIS
• 2026-05-29 Rental Removed $1,800 NTREIS
• 2026-04-11 Listed for Rent $1,800 NTREIS
• 2026-04-01 Rental Removed $1,800 NTREIS
• 2026-02-03 Listed for Rent $1,800 NTREIS
• 2026-01-31 Rental Removed $1,800 NTREIS
• 2026-01-08 Listed for Rent $1,800 NTREIS
• 2011-07-29 Sold (MLS) — NTREIS
• 2011-04-04 Pending — NTREIS
• 2011-03-31 Contingent — NTREIS
• 2011-03-12 Price Changed $84,900 NTREIS
• 2011-02-10 Listed $94,900 NTREIS
• 2011-01-08 Listing Removed — NTREIS
• 2010-10-18 Listed $110,000 NTREIS

Property tax history

+2.3%/yr

Latest (2025): $5,217 · +0.0% YoY. Source: county tax records.