Metropolitan Area

Dallas, TX

Texas0
47
/100
Hold
#766 of 894 metros
Top 86% nationally for investing

Market Snapshot

$366,823
Median Home Price
44% above national median
$1,678/mo
Median Rent
21% above national median
5.49%
Rent-to-Price Ratio
Top 61% nationally
-$832
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$366,823
Down Payment (20%)$73,365
Loan Amount$293,458
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,678
Monthly P&I-$1,923
Est. Expenses (35%)-$587
Net Cash Flow-$831/mo
3.6%
Cap Rate (all cash)
-11.8%
Cash-on-Cash Return
5.49%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.6% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

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Score Breakdown

Overall Investment Score
47/100
47
Cash Flow(30%)
52/100

Based on 5.49% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
34/100

Based on -3.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
51/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Declining home values (-3.0% YoY)
  • -Negative cash flow at typical financing (-$832/mo)
  • -Negative leverage (cap rate 3.6% < mortgage rate 6.9%)

Counties in Dallas, TX

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Dublin, GA
Dublin, GA
67$173,576$1,0427.20%BuyView
Nacogdoches, TX
Nacogdoches, TX
67$224,697$1,1456.12%BuyView
Sandusky, OH
Sandusky, OH
67$238,887$1,5327.69%BuyView
Greenwood, SC
Greenwood, SC
67$178,133$1,2528.43%BuyView
Starkville, MS
Starkville, MS
67$256,680$1,6367.65%BuyView
Current
Dallas, TX
47$366,823$1,6785.49%Hold

Rent vs buy in this metro

Rent vs buy in Dallas, TXMedian $303,490 · rent $1,635/moRent vs buy in Fort Worth, TXMedian $316,863 · rent $1,616/moRent vs buy in Arlington, TXMedian $316,863 · rent $1,616/mo

The Bottom Line

HoldDallas, TX is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Dallas, TX metro area scores 47/100, ranking #766 of 894 US metros (top 86%). The 5.49% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-832/mo
Cap Rate
3.6%
Cash-on-Cash
-13.6%

Ready to Invest in Dallas, TX?

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