House Flipping Report
Neighborhood Data
Richardson, TX 75081
Print
Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Richardson, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Dallas County , we've been able to rank it against its peer counties within Texas. To provide an even fuller picture, we also ranked Texas against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Texas
#3rd in US
#49th in US
Dallas County
#2nd in TX
#48th in TX
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
Latest Median Sale Price
$ 298,500
0.02% YoY Change
Latest Monthly Sales Count
List Price /sqft
$149
-0.01% from last quarter
Reduced Listings /Month
16
-0.56% from last quarter
Average Home Sqft
$2,025
0.01% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Dallas County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Texas
28,701,845
1.34%
#2nd in US
Dallas County
2,637,772
0.57%
#2nd in TX
75081
34,156
#24th in TX
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.
Array
(
[zip_id] => 36484
[country] => USA
[zip] => 75081
[city] => Richardson
[state] => Texas
[state_abbr] => TX
[county] => Dallas
[dma] => 623
[latitude] => 32.9494
[longitude] => -96.7157
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 75081
[zip_name] => richardson, tx
[flag] =>
[median_listing_price] => 308250
[median_listing_price_mm] => 0.0483
[median_listing_price_yy] => 0.0627
[active_listing_count] => 60
[active_listing_count_mm] => -0.1176
[active_listing_count_yy] => 0.1321
[median_days_on_market] => 45.5
[median_days_on_market_mm] => -0.1415
[median_days_on_market_yy] => -0.1875
[new_listing_count] => 20
[new_listing_count_mm] => -0.375
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 16
[price_reduced_count_mm] => -0.5556
[price_reduced_count_yy] => -0.2
[pending_listing_count] => 31
[pending_listing_count_mm] => -0.0313
[pending_listing_count_yy] => -0.1389
[median_listing_price_per_square_feet] => 149
[median_listing_price_per_square_feet_mm] => -0.0105
[median_listing_price_per_square_feet_yy] => 0.0029
[median_square_feet] => 2025
[median_square_feet_mm] => 0.0284
[median_square_feet_yy] => 0.0135
[average_listing_price] => 309801
[average_listing_price_mm] => 0.0223
[average_listing_price_yy] => 0.0436
[total_listing_count] => 91
[total_listing_count_mm] => -0.09
[total_listing_count_yy] => 0.5167
[pending_ratio_mm] => 0.0461
[pending_ratio_yy] => -0.1626
[RegionID] => 90676
[RegionName] => 75081
[State] => TX
[Metro] => Dallas-Fort Worth-Arlington
[County] => Dallas County
[City] => Richardson
[SizeRank] => 186
[Zhvi] => 283000
[MoM] => -0.00422238
[QoQ] => -0.0142807
[YoY] => 0.0249909
[5Year] => 0.105362
[10Year] => 0.0598162
[PeakMonth] => 2019-03
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 290400
[PctFallFromPeak] => -0.0254821
[LastTimeAtCurrZHVI] => 2018-12
[flips] => 19102
[purchase_price] => 179358
[resale_price] => 214954
[gross_margin] => 35596
[flipcount_rank] => 3
[flipmargin_rank] => 49
[counties] => 254
[zip_population] => 34156
[zip_rank] => 224
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => "169000,165800,165400,169500,169900,174900,169900,169900,169900,169350,169900,169000,165000,164900,164900,161250,165000,164900,163500,163500,159950,159900,159900,159900,159900,159899.5,157500,158000,159450,156000,157500,159300,159800,159900,159900,165000,159850,158900,158000,169000,179900,175000,182950,181500,177950,177950,179900,185000,187555,188000,184950,185000,189900,189999,189825,189900,185000,193900,199850,199700,205000,205000,220000,222450,224900,225000,229900,225000,224950,224950,230000,229900,225000,239450,247000,249990,254500,250000,249900,249500,255000,259000,264700,265000,269999,265000,274950,279000,273900,269000,275000,276950,279000,278150,278894.5,279950,296000,295000,299000,288500,292500,299000,299995,299250,304950,297000,290000,285900,295000,299450,299900,299900,305000,305000,293000,290000,288000,287500,285000,298500"
[list_prices_exploded] => Array
(
[0] => 169000
[1] => 165800
[2] => 165400
[3] => 169500
[4] => 169900
[5] => 174900
[6] => 169900
[7] => 169900
[8] => 169900
[9] => 169350
[10] => 169900
[11] => 169000
[12] => 165000
[13] => 164900
[14] => 164900
[15] => 161250
[16] => 165000
[17] => 164900
[18] => 163500
[19] => 163500
[20] => 159950
[21] => 159900
[22] => 159900
[23] => 159900
[24] => 159900
[25] => 159899.5
[26] => 157500
[27] => 158000
[28] => 159450
[29] => 156000
[30] => 157500
[31] => 159300
[32] => 159800
[33] => 159900
[34] => 159900
[35] => 165000
[36] => 159850
[37] => 158900
[38] => 158000
[39] => 169000
[40] => 179900
[41] => 175000
[42] => 182950
[43] => 181500
[44] => 177950
[45] => 177950
[46] => 179900
[47] => 185000
[48] => 187555
[49] => 188000
[50] => 184950
[51] => 185000
[52] => 189900
[53] => 189999
[54] => 189825
[55] => 189900
[56] => 185000
[57] => 193900
[58] => 199850
[59] => 199700
[60] => 205000
[61] => 205000
[62] => 220000
[63] => 222450
[64] => 224900
[65] => 225000
[66] => 229900
[67] => 225000
[68] => 224950
[69] => 224950
[70] => 230000
[71] => 229900
[72] => 225000
[73] => 239450
[74] => 247000
[75] => 249990
[76] => 254500
[77] => 250000
[78] => 249900
[79] => 249500
[80] => 255000
[81] => 259000
[82] => 264700
[83] => 265000
[84] => 269999
[85] => 265000
[86] => 274950
[87] => 279000
[88] => 273900
[89] => 269000
[90] => 275000
[91] => 276950
[92] => 279000
[93] => 278150
[94] => 278894.5
[95] => 279950
[96] => 296000
[97] => 295000
[98] => 299000
[99] => 288500
[100] => 292500
[101] => 299000
[102] => 299995
[103] => 299250
[104] => 304950
[105] => 297000
[106] => 290000
[107] => 285900
[108] => 295000
[109] => 299450
[110] => 299900
[111] => 299900
[112] => 305000
[113] => 305000
[114] => 293000
[115] => 290000
[116] => 288000
[117] => 287500
[118] => 285000
[119] => 298500
)
)
Array
(
[county_name] => Dallas
[state] => Texas
[state_fips] => 48
[county_fips] => 48113
[dma] => 623
[metro_name] => Dallas, TX
[cbsa_name] => Dallas-Fort Worth-Arlington, TX
[county_region_id_zillow] => 978
[metro_region_id_zillow] => 394514
[fips] => 48113
[cbsa_code] => 19100
[population_prior] => 2622799
[population] => 2637772
[rank] => 2
[difference] => 0.570878668
[region_id] => 978
[sale_counts] => "2854,2657,2448,2454,2437,2402,2417,2377,2285,2205,2150,2229,2155,2071,1945,1969,2011,2034,2070,2100,2323,2379,2360,2190,2135,2170,2186,2215,2034,1871,1704,1704,1799,1882,2021,1997,2008,1916,1930,1934,1905,1943,1882,1919,1924,1990,2154,2268,2237,2053,2021,2095,2194,2203,2096,2165,2212,2349,2455,2438,2476,2501,2554,2583,2562,2572,2586,2560,2509,2462,2502,2557,2561,2527,2493,2577,2616,2578,2608,2649,2681,2694,2683,2729,2718,2678,2648,2711,2768,2811,2775,2776,2802,2909,3013,3156,3138,3118,2957,2911,2730,2755,2796,2807,2889,2819,2949,2899,2903,2806,2788,2758,2704,2694,2691,2788,2851,2827,2954,2935,2983,2824,2776,2757,2748,2738,2632,2609,2552,2535,2524,2587,2599,2617,2610,2623,2660,2605,2637,2685,2773,"
[county] => Dallas
[flips] => 1980
[purchase_price] => 180000
[resale_price] => 223850
[gross_margin] => 43850
[flipcount_rank] => 2
[flipmargin_rank] => 48
[sale_counts_exploded] => Array
(
[0] => 2854
[1] => 2657
[2] => 2448
[3] => 2454
[4] => 2437
[5] => 2402
[6] => 2417
[7] => 2377
[8] => 2285
[9] => 2205
[10] => 2150
[11] => 2229
[12] => 2155
[13] => 2071
[14] => 1945
[15] => 1969
[16] => 2011
[17] => 2034
[18] => 2070
[19] => 2100
[20] => 2323
[21] => 2379
[22] => 2360
[23] => 2190
[24] => 2135
[25] => 2170
[26] => 2186
[27] => 2215
[28] => 2034
[29] => 1871
[30] => 1704
[31] => 1704
[32] => 1799
[33] => 1882
[34] => 2021
[35] => 1997
[36] => 2008
[37] => 1916
[38] => 1930
[39] => 1934
[40] => 1905
[41] => 1943
[42] => 1882
[43] => 1919
[44] => 1924
[45] => 1990
[46] => 2154
[47] => 2268
[48] => 2237
[49] => 2053
[50] => 2021
[51] => 2095
[52] => 2194
[53] => 2203
[54] => 2096
[55] => 2165
[56] => 2212
[57] => 2349
[58] => 2455
[59] => 2438
[60] => 2476
[61] => 2501
[62] => 2554
[63] => 2583
[64] => 2562
[65] => 2572
[66] => 2586
[67] => 2560
[68] => 2509
[69] => 2462
[70] => 2502
[71] => 2557
[72] => 2561
[73] => 2527
[74] => 2493
[75] => 2577
[76] => 2616
[77] => 2578
[78] => 2608
[79] => 2649
[80] => 2681
[81] => 2694
[82] => 2683
[83] => 2729
[84] => 2718
[85] => 2678
[86] => 2648
[87] => 2711
[88] => 2768
[89] => 2811
[90] => 2775
[91] => 2776
[92] => 2802
[93] => 2909
[94] => 3013
[95] => 3156
[96] => 3138
[97] => 3118
[98] => 2957
[99] => 2911
[100] => 2730
[101] => 2755
[102] => 2796
[103] => 2807
[104] => 2889
[105] => 2819
[106] => 2949
[107] => 2899
[108] => 2903
[109] => 2806
[110] => 2788
[111] => 2758
[112] => 2704
[113] => 2694
[114] => 2691
[115] => 2788
[116] => 2851
[117] => 2827
[118] => 2954
[119] => 2935
[120] => 2983
[121] => 2824
[122] => 2776
[123] => 2757
[124] => 2748
[125] => 2738
[126] => 2632
[127] => 2609
[128] => 2552
[129] => 2535
[130] => 2524
[131] => 2587
[132] => 2599
[133] => 2617
[134] => 2610
[135] => 2623
[136] => 2660
[137] => 2605
[138] => 2637
[139] => 2685
[140] => 2773
[141] =>
)
)