Real Estate Investing in Dallas, Texas (75233)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Dallas County • Population: 15,775 • Data updated: September 2026

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Should you buy in 75233 (Dallas, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (65/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Dallas, TX (75233)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $290,396
Avg Monthly Rent $1,925
1% Rule ✗ Does Not Meet
Median Income $61,750
% Renters 46.2%

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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Dallas:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
18/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Stable (+1.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,925/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Dallas-Fort Worth-Arlington, TX Metro Area
More inventory, negotiating room for buyers
63 days
Average time to sell
Slow
11.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Dallas-Fort Worth-Arlington, TX metro data
🏠

Property Strategy for 75233

Which property type performs best in this market?

Best for Cash Flow
4BR
5.9% cap rate
Best for Appreciation
3BR
+6.3% 5yr CAGR
Best Overall Value
4BR
$78,824/bedroom
📊 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)

$316K$266K$215K$165K$115K$64KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

No data available

📊 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% - -
💡 Why Invest in 75233? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 46% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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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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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

Small multifamily
Unclaimed — is this your business? Claim it free

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

HOACommercial
Unclaimed — is this your business? Claim it free

Enchill Property Management Consulting helps apartment properties fill vacancies and can build and train staff on effective property management. summary from their website

Small multifamily
Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
5.2%
Fair
5yr Growth
+3.5%
Moderate

📊 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
Negative Leverage — IRR / Tax Play Cap Rate: 5.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
2.7%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.5%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 75233

Population: 15,775

💰 Median Household Income
$61,750
This area
$61,750
State
$70,593
USA
$74,580
🏠 Renter Occupied
46.2%
This area
46.2%
State
29.5%
USA
34.0%
💼 Unemployment Rate
3.1%
This area
3.1%
State
-25.4%
USA
3.7%
🎓 College Educated
21.9%
This area
21.9%
State
-5.8%
USA
33.7%
👤 Median Age
32.1 years
This area
32.1 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
2.7%
This area
2.7%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 41.6%
Black/African American 30.3%
Other/Mixed 27.4%
Hispanic/Latino 25.8%
Asian 0.6%
👶 Under 18
34.0%
This area
34.0%
USA
22.0%
👴 65 and Over
11.8%
This area
11.8%
USA
17.3%
📊 Poverty Rate
19.0%
This area
19.0%
USA
11.5%

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

A Avg School Grade
6 Schools
12.6:1 Avg Class Size
$16,837 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

DANIEL WEBSTER EL

📚 Pre-K – 05 Elementary
👥
361 Students
👨‍🏫
10.3:1 Class Size
💰
$18,024 Per Student
A+ Excellent

T W BROWNE MIDDLE

📚 06 – 08 Middle
👥
445 Students
👨‍🏫
12.4:1 Class Size
💰
$18,024 Per Student
A+ Excellent

THOMAS TOLBERT EL

📚 Pre-K – 05 Elementary
👥
302 Students
👨‍🏫
12.6:1 Class Size
💰
$18,024 Per Student
A+ Excellent

ZAN WESLEY HOLMES JR MIDDLE

📚 06 – 08 Middle
👥
578 Students
👨‍🏫
12.3:1 Class Size
💰
$18,024 Per Student
A Very Good

JUSTIN F KIMBALL H S

📚 09 – 12 High School
👥
1,255 Students
👨‍🏫
15.0:1 Class Size
💰
$18,024 Per Student
B Good

GOLDEN RULE CHARTER SCHOOL

📚 Pre-K – 08 School Charter
👥
532 Students
👨‍🏫
13.1:1 Class Size
💰
$10,901 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

RONALD E MCNAIR EL

📚 Pre-K – 05 Elementary
📍 3150 BAINBRIDGE DR, DALLAS
👥
457 Students
👨‍🏫
11.4:1 Class Size
💰
$18,024 Per Student
A+ Excellent

ARTURO SALAZAR EL

📚 Pre-K – 05 Elementary
📍 1120 S RAVINIA DR, DALLAS
👥
400 Students
👨‍🏫
12.4:1 Class Size
💰
$18,024 Per Student
A+ Excellent

BARBARA JORDAN EL

📚 Pre-K – 05 Elementary
📍 1111 W KIEST BLVD, DALLAS
👥
479 Students
👨‍🏫
14.7:1 Class Size
💰
$18,024 Per Student
A+ Excellent

CELESTINO MAURICIO SOTO JR EL

📚 Pre-K – 05 Elementary
📍 4510 W JEFFERSON BLVD, DALLAS
👥
434 Students
👨‍🏫
13.4:1 Class Size
💰
$18,024 Per Student
A+ Excellent

CLINTON P RUSSELL EL

📚 Pre-K – 05 Elementary
📍 3031 S BECKLEY AVE, DALLAS
👥
526 Students
👨‍🏫
13.8:1 Class Size
💰
$18,024 Per Student
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

8 Nearby 20,880 Off-Campus Students
C
Dallas Baptist University
4,201 students · 4.3 mi
C+
University of North Texas at Dallas
3,797 students · 5.1 mi
C+
Dallas College
66,592 students · 6.3 mi
D
University of North Texas System
0 students · 7.0 mi
C
Paul Quinn College
602 students · 7.0 mi
C
Wade College
205 students · 7.3 mi
C
KD Conservatory College of Film and Dramatic Arts
87 students · 7.4 mi
C
University of Texas Southwestern Medical Center
2,501 students · 7.7 mi

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

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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