1032 Robin Hill Ln · Wylie, TX
Flood risk No data
- FEMA flood zone
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- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
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Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +20.0/30.0
- ARV discount +14.7/15.0
- DSCR +6.3/10.0
- 1% rule +5.3/10.0
- Schools +4.2/10.0
- Condition / age +4.0/5.0
- Livability +3.5/5.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$132,674
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
The first level of this two-story home is host to an open floorplan shared between the kitchen and living room, helping to maximize the footprint of the home. The owner's suite is situated at the back of the home, complete with an en-suite bathroom. Upstairs, a versatile loft provides additional shared living space with another bathroom.
Key facts
- Open floorplan
- En-suite bathroom
- Owner's suite
Tags
Property features AI
Finance
- Financial info: List price $142,674
Exterior
- Home design: Single-story home (Henley plan)
- Construction: New construction (spec)
- Exterior features: Located at 1032 Robin Hill Ln, Princeton TX 75407
Interior
- Bedrooms: 1 bedroom
- Bathrooms: 2 bathrooms (total)
- Interior features: Spec new construction home (Henley plan)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/2.0-bath single-family listed at $133k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $162 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $133k).
- Recommended offer: $131k (1.5% below list) — sets the bar for market timing.
- Cap rate 7.8% vs local median 4.0% in Wylie — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 69/100 on livability (#419 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
- Princeton ISD (suburban): math 51% / reading 47% proficiency, ranked #188 of 826 in TX (top 23%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents soft (-1.0%/yr); 1404 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 19,194 units permitted in Collin County in 2024 (3,988 in 5+ unit buildings).
- This rent is only 16% of the median local income ($100k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $918 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Collin County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 23 days — a 2% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.03% ✓
- Cap rate
- 7.75%
- Cash-on-cash
- 5.22%
- DSCR
- 1.23
- GRM
- 8.1
CMA / ARV
- ARV (on-the-fly)
- $157,979
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1023 Bishop Creek Dr | 0.02mi | 1/2.0 | 661 (0%) | 2mo | $139,500 | $211 | 97 |
| 1002 Robin Hill Ln | 0.06mi | 1/2.0 | 661 (0%) | 2mo | $174,264 | $264 | 96 |
| 1008 Robin Hill Ln | 0.05mi | 1/2.0 | 661 (0%) | 4mo | $151,674 | $229 | 94 |
| 1019 Bishop Creek Dr | 0.03mi | 1/2.0 | 661 (0%) | 6mo | $155,674 | $236 | 94 |
| 1017 Bishop Creek Dr | 0.03mi | 1/2.0 | 661 (0%) | 6mo | $157,674 | $239 | 94 |
| 1011 Bishop Creek Dr | 0.05mi | 1/2.0 | 661 (0%) | 6mo | $149,124 | $226 | 93 |
| 1013 Bishop Creek Dr | 0.03mi | 1/2.0 | 661 (0%) | 8mo | $157,884 | $239 | 92 |
| 1009 Bishop Creek Dr | 0.05mi | 1/2.0 | 661 (0%) | 7mo | $156,674 | $237 | 92 |
| 1007 Bishop Creek Dr | 0.05mi | 1/2.0 | 661 (0%) | 7mo | $163,499 | $247 | 92 |
| 1010 Robin Hill Ln | 0.05mi | 1/2.0 | 661 (0%) | 8mo | $149,149 | $226 | 91 |
| 1005 Bishop Creek Dr | 0.05mi | 1/2.0 | 661 (0%) | 8mo | $168,674 | $255 | 90 |
| 1004 Robin Hill Ln | 0.06mi | 1/2.0 | 661 (0%) | 9mo | $170,999 | $259 | 90 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -11.6%
- Equity multiple
- 0.59×
- Total profit
- $-15,191
- Equity at exit
- $19,782
- IRR
- -7.6%
- Equity multiple
- 0.59×
- Total profit
- $-15,357
- Equity at exit
- $11,471
Cash invested: $37,149 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 75407
- Home prices YoY
- -30.3%
- Rents YoY
- -1.0%
- Active inventory
- 1404
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $1,365 medium interval (Pro) →
- Mortgage (P&I)
- −$696
- Tax est. 1.5%
- −$166 /mo · $1,990/yr
- Insurance
- −$55
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$287
- Net cashflow
- $162
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $33,168
- Closing costs
- $3,980
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1002 Robin Hill LN Princeton, TX | 1.0 | 2.0 | 661 | $1,300 | $1.97 | 43d | 1 | 0.06mi |
Listing history 15 events
-
2026-06-18days on market $132,674 Active 23 DOM
-
2026-06-17days on market $132,674 Active 22 DOM
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2026-06-16days on market $132,674 Active 21 DOM
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2026-06-15days on market $132,674 Active 20 DOM
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2026-06-13days on market $132,674 Active 18 DOM
-
2026-06-13pricedays on market $132,674 Active 17 DOM
-
2026-06-09days on market $129,674 Active 14 DOM
-
2026-06-08days on market $129,674 Active 13 DOM
-
2026-06-07days on market $129,674 Active 12 DOM
-
2026-06-04days on market $129,674 Active 9 DOM
-
2026-06-03days on market $129,674 Active 8 DOM
-
2026-06-02days on market $129,674 Active 7 DOM
-
2026-06-02price $129,674 Active 6 DOM
-
2026-06-01days on market $134,674 Active 6 DOM
-
2026-05-31days on market $134,674 Active 5 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,381
- − Mortgage interest
- −$7,432
- − Property taxes
- −$1,990
- − Insurance
- −$663
- − Repairs & maintenance
- −$1,310
- − Management
- −$1,310
- − Depreciation
- −$3,860
- Taxable loss
- −$185
- Est. tax savings @ 24.0%
- +$44
- After-tax cash flow
- $1,983/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 6 photos
This two-story home is in good condition with a good exterior and interior. It has a good layout and is move-in ready. Some updates, such as painting the exterior and interior, can further enhance its value.
Value-add opportunities
- Resale Paint the exterior siding — Fresh paint can enhance the home's curb appeal and value.
- Resale Paint the interior walls — Fresh paint can make the interior look more inviting and modern.
- Both Replace the flooring — New flooring can improve the home's appearance and increase both resale and rental value.
- Both Update the kitchen cabinets — Fresh, updated cabinets can make the kitchen more appealing and increase both resale and rental value.
- Both Update the bathrooms — Fresh, updated bathrooms can make the home more appealing and increase both resale and rental value.
Renovation cost estimate screening
Value-add ROI direction
- Resale Paint the exterior siding — Fresh paint can enhance the home's curb appeal and value. ↑
- Resale Paint the interior walls — Fresh paint can make the interior look more inviting and modern. ↑
- Both Replace the flooring — New flooring can improve the home's appearance and increase both resale and rental value. ↑
- Both Update the kitchen cabinets — Fresh, updated cabinets can make the kitchen more appealing and increase both resale and rental value. ↑
- Both Update the bathrooms — Fresh, updated bathrooms can make the home more appealing and increase both resale and rental value. ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Princeton ISD
- NCES district ID
- 4835850
- Math proficiency
- 51% ▼ -8.00%
- Reading proficiency
- 47% ▬ 0.00%
- Median HH income
- $54,827
- Composite
- 42.44/100
- National rank
- #3226
- State rank
- #188 of 826 in TX
Livability — Wylie
- Score
- 69/100
- State rank
- #419
- US rank
- #8623
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Collin County · 1,159,394 people
- City population
- 34,171
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 34,171
- Household income
- $100,037
- Rent vs Own
- Severe rent burden
- 368.0
Population outlook (Collin County) Hauer SSP2
- Today (2025)
- 1,210,074 people
- By 2030
- 1,358,201 · +12.2%
- By 2040
- 1,654,061 · +36.7%
- By 2050
- 1,937,359 · +60.1%
- By 2075
- 2,567,039 · +112.1%
- By 2100
- 2,952,048 · +144.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.66)
- Race & ethnicity
- White 47% Hispanic / Latino 30% Black 17% Two or more races 10% Asian 4% Native American 1%
- Hispanic origin (detail)
- Mexican 26%
- Common ancestry
- Lithuanian 2% Romanian 1% Russian 1%
- Foreign-born
- 15% · Canada, China, Mexico
- Languages at home
- 70% English-only · Spanish 22% Other Indo-European 2% Other Asian/Pacific 1%
Political lean MEDSL · Collin
- 2024 margin
- R (+11.1) · D 43.1% · R 54.3% · Other 2.6%
- 2008→2024 swing
- +14.4pp toward D · 2008: -25.6pp · 2024: -11.1pp
- All cycles
- 2024: R+11.1 2020: R+4.3 2016: R+17.0 2012: R+31.6 2008: R+25.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -103.99%
- Current HPI
- 238.9373
- Rent YoY
- ▼ -1.02%
- Metro
- Dallas-Fort Worth-Arlington, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…