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Dayton- Decent on schools. School has an excellent football team, is currently a 4A (size) district
Crime- Not bad, its a small town so it has its share of domestic disturbances, and other misc stuff.
Flood zone depends on where you live. Dayton sits on the West bank of the trinity river, and is surrounded by flat lands. Used to be a big rice producer, so in other words holds water in a lot of areas. North of town doesn't flood so much.
Drive time/distance- Not sure on Downtown I would estimate 45min - hour. When US 90 is done from BW8 to 610 and the direct connect to 610 is done, will be a lot better drive. Guessing this will be done in 3-8 years. An option would to live south of dayton near/along SH 146, and take it south to I10 and use it to drive in to downtown.
Taxes- Unsure, I am not in DISD.
Overall- Not a bad town, growing fast. Nothing outstandingly positive about it, no big negitives.
Just a couple side notes, careful if buying property in the area of FM 1413. There is an old Toxic dump site that is under study for cleanup. The owner of the rights to the company that did this (might be Exxon, I forget) is going to clean it up, but some people complain about cancer rates and contaiminated water. Also locals are raising a fuss about a proposed roadway through the area. The Grand Parkway (SH 99) is proposed to go west of Dayton to make the third loop around Houston. A bunch of old heads that don't want to see growth, and disinformation are causing a little ruckus.
Hope I covered everything for you. Other Options on the east side of Houston relatively close to dayton would be Mont Belvui (Spelling isn't right), Cleveland. Each of those is along a major freeway for a relative straight shot to downtown.
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