Real Estate Investing in Dallas, Texas (75248)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75248 (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: 9.7% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 36.9 — hard to cash-flow at these prices.
What’s happening in Dallas, TX (75248)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 75248 Dallas
ZIP 75248 inside Dallas County looks affordable on the surface — median value of $636K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $636K asset, 75248 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader TX picture, 75248 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A impressive renter share of 47% in 75248 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Dallas's stable or hybrid ZIPs before stepping into 75248. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Dallas:
Property Strategy for 75248
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $150,239 | $1,940 | 9.3% | +4.2% | $150,239 |
| 2BR | $261,213 | $2,270 | 6.3% | +3.5% | $130,606 |
| 3BR | $546,346 | $2,860 | 3.8% | +6.9% | $182,115 |
| 4BR | $719,160 | $3,630 | 3.6% | +8.2% | $179,790 |
| 5BR | $980,841 | — | — | +8.7% | $196,168 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 75248 Compare?
| Metric | 75248 | Dallas | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $635,777 | $165,798 | N/A | $297,000 |
| 5-Year CAGR | 6.1% | 3.9% | N/A | 5.4% |
| Avg Rent | $1,434 | $1,659 | N/A | - |
| Cap Rate | 1.8% | 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 75248 (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 | $635,777 |
| Monthly Rent | $1,434 |
| Price-to-Rent | 36.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.8% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | -1.8% ▼ |
| 5-Year CAGR | +2.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). 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 75248
Population: 37,644
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 75248
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
DOBIE PRE-KINDERGARTEN SCHOOL
NORTHWOOD HILLS EL
GEORGE HERBERT WALKER BUSH EL
HAGGAR EL
SPRING VALLEY 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 2,656 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average home sale price in Dallas, TX?
Homes in Dallas, TX typically sell near $636K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
How quickly do rentals get leased in Dallas, TX?
Rental vacancy in Dallas, TX is elevated. Investors should budget normal turnover but not chronic empty units.
How strong is tenant demand in Dallas, TX?
Tenant quality in Dallas, TX ranks as solid. Landlords generally report stable occupancy at market rents of $1,434/mo.
What is it like being a landlord in Dallas, TX?
Dallas, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What type of investing works in Dallas, TX?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Dallas, TX. The numbers - $636K homes against $1,434/mo rents - support that play.
You know 75248 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 75248 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 75248 ranks in Dallas-Fort Worth-Arlington, TX
Every ZIP in this metro, ranked. Free.
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