Rose III Plan · DeSoto, TX 75115

$528,990

5 bd · 3.5 ba · 3,557 sqft · SingleFamily · 770 Days on market

Good condition ↓ 4% since listing

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Why this score? — see what drove the F 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 +7.9/30.0
• ARV discount +7.5/15.0
• Condition / age +4.0/5.0
• Livability +3.3/5.0
• 1% rule +2.4/10.0
• Schools +2.2/10.0
• DSCR +2.0/10.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

The Classic Series Rose III floor plan is a two-story home with five bedrooms and three bathrooms. Features of this plan include a covered porch, large family room, study, open kitchen with custom cabinets and island, primary suite with an ensuite bathroom and a walk-in closet, and an upstairs game room. Contact us or visit our model home for more information about building this plan.

Key facts

• Covered porch
• Primary suite
• Upstairs game room

Tags

• COVERED PORCH
• OPEN KITCHEN
• PRIMARY SUITE
• UPSTAIRS GAME ROOM

🏗️ New construction. The $528,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $595,431.

What this means for you Summary

Snapshot

• This is a 5-bed/3.5-bath single-family listed at $529k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-629 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $504k (4.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $441k (16.6% below list).
• Recommended offer: $441k (16.6% below list) — sets the bar for 1% rule.
• Cap rate 5.0% vs local median 3.4% in DeSoto — 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 66/100 on livability (#589 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D+, amenities F, commute F.
• Duncanville ISD (suburban): math 20% / reading 29% proficiency, ranked #711 of 826 in TX (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-2.6%/yr); 472 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
• At $4,413/mo this rent would consume 64% of the median local household income ($83k/yr) (locally 1867% 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 $4k of loan paydown is wiped out by about $18k 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 770 days — a 12% lower offer ($466k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y 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

• 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 $441,285 (16.6% 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 770 days. Have you received any prior offers? Is the seller open to a 17% 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.74% ✗
• Cap rate: 5.03%
• Cash-on-cash: -4.53%
• DSCR: 0.80
• GRM: 11.2

CMA / ARV

• ARV (median comp): $595,431
• List price: $528,990
• Delta: -11.16%
• 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
2032 Picnic Crk	0.21mi	5/4.0	3,558 (0%)	3mo	$565,367	$159	86
2009 Holland Dr	0.28mi	5/4.0	3,558 (0%)	8mo	$573,000	$161	79
2037 Picnic Crk	0.18mi	4/4.0 (-1)	3,479 (-2%)	8mo	$598,900	$172	74
833 Yosemite Dr	0.53mi	5/4.0	3,557 (0%)	5mo	$549,173	$154	69
2034 Cascades Ct	0.46mi	4/3.5 (-1)	3,527 (-1%)	5mo	$528,000	$150	68
1526 Marshall Dr	0.21mi	4/3.5 (-1)	3,923 (+10%)	1mo	$399,000	$102	68
932 Waddle Ln	0.25mi	5/4.5	4,035 (+13%)	2mo	$699,000	$173	60
945 Waddle Ln	0.26mi	5/4.5	4,065 (+14%)	1mo	$699,000	$172	60
928 Waddle Ln	0.24mi	5/4.5	4,065 (+14%)	3mo	$693,323	$171	59
816 Yosemite Dr	0.57mi	5/3.5	3,261 (-8%)	1mo	$499,000	$153	58
925 Ford Dr	0.26mi	5/4.5	4,035 (+13%)	8mo	$707,922	$175	55
1860 Masters Dr	0.67mi	4/3.5 (-1)	3,196 (-10%)	10mo	$589,999	$185	39

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -27.3%
• Equity multiple: 0.10×
• Total profit: $-149,395
• Equity at exit: $88,781

10-year hold

• IRR: -41.0%
• Equity multiple: -0.39×
• Total profit: $-231,362
• Equity at exit: $51,482

Cash invested: $166,721 (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 75115

• Rents YoY: -2.6%
• Active inventory: 472
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $4,413 medium
• Mortgage (P&I): −$3,123
• Tax est. 1.5%: −$744 /mo · $8,931/yr
• Insurance: −$248
• HOA: −$0
• Vacancy / Maint / Mgmt: −$927
• Net cashflow: $-629

Break-even live

Break-even rent $5,209

Max offer price $504,453

Occupancy floor —

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: $148,858
• Closing costs: $17,863
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
907 Saint George Pl Desoto, TX	4.0	2.5	2600	$3,500	$1.35	1d	1	1.02mi
1424 Cobblestone Dr Desoto, TX	5.0	3.0	2667	$8,950	$3.36	22d	1	1.39mi

Listing history 17 events

1. 2026-06-18
   days on market $528,990 Active 770 DOM
2. 2026-06-17
   days on market $528,990 Active 769 DOM
3. 2026-06-16
   days on market $528,990 Active 768 DOM
4. 2026-06-15
   days on market $528,990 Active 767 DOM
5. 2026-06-13
   days on market $528,990 Active 765 DOM
6. 2026-06-13
   days on market $528,990 Active 764 DOM
7. 2026-06-09
   days on market $528,990 Active 761 DOM
8. 2026-06-08
   days on market $528,990 Active 760 DOM
9. 2026-06-07
   days on market $528,990 Active 759 DOM
10. 2026-06-04
    days on market $528,990 Active 756 DOM
11. 2026-06-03
    days on market $528,990 Active 755 DOM
12. 2026-06-02
    days on market $528,990 Active 754 DOM
13. 2026-06-01
    days on market $528,990 Active 753 DOM
14. 2026-05-31
    days on market $528,990 Active 752 DOM
15. 2024-05-10
    listed $528,990 Active 387-char remark

    Show marketing remark (387 chars)

    The Classic Series Rose III floor plan is a two-story home with five bedrooms and three bathrooms. Features of this plan include a covered porch, large family room, study, open kitchen with custom cabinets and island, primary suite with an ensuite bathroom and a walk-in closet, and an upstairs game room. Contact us or visit our model home for more information about building this plan.

16. 2024-05-10
    listed $548,990 Active 387-char remark

    Show marketing remark (387 chars)

    The Classic Series Rose III floor plan is a two-story home with five bedrooms and three bathrooms. Features of this plan include a covered porch, large family room, study, open kitchen with custom cabinets and island, primary suite with an ensuite bathroom and a walk-in closet, and an upstairs game room. Contact us or visit our model home for more information about building this plan.

17. 2024-04-11
    listed $548,990 Active

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $52,954
• − Mortgage interest: −$33,353
• − Property taxes: −$8,931
• − Insurance: −$2,977
• − Repairs & maintenance: −$4,236
• − Management: −$4,236
• − Depreciation: −$17,322
• Taxable loss: −$18,102
• Est. tax savings @ 24.0%: +$4,344
• After-tax cash flow: $-3,200/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 · 12 photos

Good 80/100 Cosmetic rehab

This two-story home is in good condition with a good condition score of 80. It has a good exterior, interior, and landscaping. The home is move-in ready and has a good resale and rental value.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics
• Both Landscaping improvements — Enhances curb appeal and can increase property value
• Resale New flooring in bathrooms — Modern flooring can improve the look and feel of the bathrooms
• Resale New kitchen appliances — Modern appliances can make the kitchen more appealing to potential buyers

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and can increase property value ↑
• Resale New flooring in bathrooms — Modern flooring can improve the look and feel of the bathrooms ↑
• Resale New kitchen appliances — Modern appliances can make the kitchen more appealing to potential buyers ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Duncanville ISD
• NCES district ID: 4817640
• Math proficiency: 20% ▼ -19.00%
• Reading proficiency: 29% ▼ -7.00%
• Median HH income: $50,979
• Composite: 21.71/100
• National rank: #8270
• State rank: #711 of 826 in TX

Livability — DeSoto

• Score: 66/100
• State rank: #589
• US rank: #11236

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: DeSoto, TX
• County: Dallas County · 2,612,404 people
• City population: 56,211
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 56,211
• Household income: $82,782
• Rent vs Own: 30.4% rent · 69.6% own
• Severe rent burden: 1867.0

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 Black (68%)
• Race & ethnicity: Black 68% Hispanic / Latino 19% Two or more races 11% White 8%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Swedish 1%
• Foreign-born: 9% · Canada, Dominican Republic
• Languages at home: 83% English-only · Spanish 15% French/Haitian/Cajun 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: ▼ -170.49%
• Current HPI: 272.1565
• Rent YoY: ▼ -2.60%
• 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

-3.6% since first listed

3 events — show timeline

• 2024-05-10 Listed $528,990 Zillow
• 2024-05-10 Listed $548,990 Zillow
• 2024-04-11 Listed $548,990 Zillow