Real Estate Investing in Dallas, Texas (75233)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75233 (Dallas, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Dallas, TX (75233)?
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Market Analysis: 75233 Dallas
The 75233 ZIP in Dallas, TX is a local-operator market. Outside capital chasing a $290K entry has to pair deep knowledge with the discount.
For an experienced owner, 75233 can be a worth a close look for hunting ground — but the discount at $290K reflects genuine risk that outside investors often underestimate.
ZIP 75233's metrics run below Dallas County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 75233 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 75233 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 75233
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $214,050 | $1,620 | 5.4% | +0.8% | $107,025 |
| 3BR | $276,914 | $2,040 | 5.3% | +6.3% | $92,305 |
| 4BR | $315,296 | $2,590 | 5.9% | +6.1% | $78,824 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 75233 Compare?
| Metric | 75233 | Dallas | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $290,396 | $165,798 | N/A | $297,000 |
| 5-Year CAGR | 3.5% | 3.9% | N/A | 5.4% |
| Avg Rent | $1,925 | $1,659 | N/A | - |
| Cap Rate | 5.2% | 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 75233 (Dallas, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $290,396 |
| Monthly Rent | $1,925 |
| Price-to-Rent | 12.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.0% |
| Cap Rate | 5.2% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | -0.2% ▼ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). 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 75233
Population: 15,775
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 75233
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
RONALD E MCNAIR EL
ARTURO SALAZAR EL
BARBARA JORDAN EL
CELESTINO MAURICIO SOTO JR EL
CLINTON P RUSSELL EL
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
Investor Insight: With 20,880 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do landlords charge for rent in Dallas, TX?
The typical rental in Dallas, TX commands about $1,925/mo monthly. That rent profile predictable cash flow against the $290K purchase basis.
What type of investing works in Dallas, TX?
In Dallas, TX the notable play is typically careful cash-flow rentals with hands-on management. The combination of $290K prices and $1,925/mo rents suits that approach.
What is the investability score for Dallas, TX?
With a 3.0/5 investability score, Dallas, TX ranks as a solid market for rental property investors. Median prices of $290K and rents of $1,925/mo drive the underlying numbers.
Are homes affordable in Dallas, TX?
Expect median prices around $290K in Dallas, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
How strong is tenant demand in Dallas, TX?
Expect a solid tenant pool in Dallas, TX. The rental market absorbs $1,925/mo rents without meaningful friction.
You know 75233 now. You don’t know where it ranks.
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How 75233 ranks in Dallas-Fort Worth-Arlington, TX
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