Real Estate Investing in Dallas, Texas (75228)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75228 (Dallas, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.0% vacancy may signal weakening demand.
What’s happening in Dallas, TX (75228)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 75228 Dallas
Investors eyeing 75228 need to respect the fundamentals at play. Home values of $277K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $277K asset, 75228 is the wrong submarket. If the plan prices in friction, the yield can still work.
In practical terms, 75228 offers a low basis, the region around Dallas has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 75228 includes headwinds that any investor should price in. Income distribution skews lower than Dallas averages, and tenant stability requires active management.
The 75228 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Dallas:
Property Strategy for 75228
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $198,236 | $1,590 | 5.8% | +4.3% | $99,118 |
| 3BR | $275,951 | $2,000 | 5.2% | +4.7% | $91,984 |
| 4BR | $358,408 | $2,550 | 5.1% | +5.7% | $89,602 |
| 5BR | $437,600 | — | — | +6.6% | $87,520 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 75228 Compare?
| Metric | 75228 | Dallas | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $277,166 | $165,798 | N/A | $297,000 |
| 5-Year CAGR | 2.0% | 3.9% | N/A | 5.4% |
| Avg Rent | $1,358 | $1,659 | N/A | - |
| Cap Rate | 3.8% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 75228 (Dallas, TX). Anonymous, moderated, never written by AI.
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Property managers serving Dallas County
Manage rentals here? List your business →Accolade Property Management, Inc. is a full-service real estate management firm specializing in multifamily assets from Texas to Florida, dedicated to quality, value appreciation, and integrity. summary from their website
Blue Mountain Community Management Inc. offers HOA and condominium management services in the Portland Metro, Southern and Coastal Oregon, Seattle, and Tri-Cities areas. summary from their website
Enchill Property Management Consulting helps apartment properties fill vacancies and can build and train staff on effective property management. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $277,166 |
| Monthly Rent | $1,358 |
| Price-to-Rent | 17.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 5.9% |
📈 Home Appreciation
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | -1.7% ▼ |
| 5-Year CAGR | +2.0% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +4.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 75228
Population: 69,288
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 75228
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What approach is best for Dallas, TX real estate?
The best-fit strategy in Dallas, TX is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Dallas, TX a good market for buy-and-hold investors?
Investors tracking Dallas, TX will find a 3.0/5 rating supported by $277K median home values and $1,358/mo rents. That profile suits long-term holders targeting measured returns.
What is the renter demographic in Dallas, TX?
Dallas, TX offers a reliable renter base at the $1,358/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is rental property easy to operate in Dallas, TX?
The landlord environment in Dallas, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How expensive is real estate in Dallas, TX?
Median home price in Dallas, TX is near $277K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
You know 75228 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 75228 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 75228 ranks in Dallas-Fort Worth-Arlington, TX
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