Real Estate Investing in Dallas, Texas (75246)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75246 (Dallas, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 29.0 — hard to cash-flow at these prices.
What’s happening in Dallas, TX (75246)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 75246 Dallas
ZIP 75246 inside Dallas County looks affordable on the surface — median value of $385K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $1,106/mo on a $385K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 75246 sits below the stated 0.0% once reality is priced in.
The gap between 75246 and stronger Dallas ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 75246 includes headwinds that any investor should price in. Income distribution skews lower than Dallas averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 75246 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Dallas:
Property Strategy for 75246
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $312,149 | $1,380 | 3.2% | +3.3% | $156,075 |
| 3BR | $440,359 | $1,740 | 2.8% | +4.7% | $146,786 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 75246 Compare?
| Metric | 75246 | Dallas | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $385,202 | $165,798 | N/A | $297,000 |
| 5-Year CAGR | 2.6% | 3.9% | N/A | 5.4% |
| Avg Rent | $1,106 | $1,659 | N/A | - |
| Cap Rate | 2.2% | 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 75246 (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 | $385,202 |
| Monthly Rent | $1,106 |
| Price-to-Rent | 29.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.2% |
| 5-Year IRR | 4.8% |
📈 Home Appreciation
| 1-Year | +11.1% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | -17.8% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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 75246
Population: 2,487
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 75246
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
DR MARTIN LUTHER KING JR ARTS ACADEMY
IGNITE MIDDLE
JAMES MADISON H S
PERSONALIZED LEARNING PREPARATORY AT SAM HOUSTON
ALEX W SPENCE TALENTED/GIFTED ACADEMY
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 19,111 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Dallas, TX a good market for buy-and-hold investors?
Investors tracking Dallas, TX will find a 3.0/5 rating supported by $385K median home values and $1,106/mo rents. That profile suits long-term holders targeting predictable returns.
What are rental rates like in Dallas, TX?
Average rent in Dallas, TX is approximately $1,106/mo per month. Against $385K home values that yields a reasonable rent-to-price ratio.
How quickly do rentals get leased in Dallas, TX?
Vacancy risk in Dallas, TX is elevated. That supports reliable cash flow for typical rental holds.
Which investment style suits Dallas, TX?
Investors usually favor careful cash-flow rentals with hands-on management in Dallas, TX. With home values at $385K and rents near $1,106/mo, other strategies can work but produce measured rather than outsized returns.
What is it like being a landlord in Dallas, TX?
TX law landlord-friendly for landlords, and Dallas inherits those rules. Investors should still review local ordinances for rental licensing.
You know 75246 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 75246 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 75246 ranks in Dallas-Fort Worth-Arlington, TX
Every ZIP in this metro, ranked. Free.
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