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Dallas Single Family Rental PRICE DROP $385k

420 Sparks St, Dallas
ROI
14.90% IRR
Strategy
Long Term Rental
Originally listed at $475k, with a softening market, this should trade below $400k. 2023-built single-family rental near downtown Dallas and Bishop Arts. Lease comps support $3,200/month. Tenants typically cover utilities and landscaping in LTR SFRs. No HOA. Low-maintenance, high-appreciation LTR in a prime infill location. Taxes $6,304.

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Dallas Single Family Rental PRICE DROP $385k

Listed 01/22/2026

420 Sparks St, Dallas

Purchase Price:$385,000

Cash Outlay:$103,950

Cashflow:$283/mo

Cap Rate:6.57%

IRR:14.90%

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