Dallas County, TX Metro · Texas County Underwriting Brief

Dallas County, TX DSCR Property Tax, Windstorm & Transfer Tax Guide

In Dallas County, Texas (Dallas County, TX metro), 1–4 unit investment properties carry an average effective property tax rate of 2.02% and landlord hazard insurance averaging $840 per $100K of coverage. At a median 1–4 unit acquisition price of $375,000 and Form 1007 market rent of $2,950/mo, a 75% LTV DSCR loan models at 1.09x DSCR ($2,718/mo total PITIA).

Effective Property Tax

2.02%

Est. $631/mo at median

Landlord Ins / $100K

$840/yr

Est. $263/mo DP-3

Median 1–4 Unit Price

$375,000

75% LTV: $281,250

Modeled 75% LTV DSCR

1.09x

$2,950 rent / $2,718 PITIA

Dallas County Escrow & Closing-Cost Underwriting Rules

1. Post-Acquisition Tax Reassessment

Texas Annual Market Appraisal: County Appraisal District (CAD) revalues annually as of Jan 1; non-homestead circuit-breaker cap applies to qualifying properties under $5M, with May 15 protest deadline.

2. Windstorm, Flood & Hazard Tier

North Texas Hail / Wind Roof Age Audit

3. Transfer & Mortgage Recording Taxes

Standard county deed recording & nominal transfer fee ($50–$350 flat or ≤0.20% of consideration).

4. CEMA / Doc-Stamp Optimization Strategy

Underwrite post-acquisition tax bill using county millage calculator to prevent Year-2 escrow shortage.