CashFlowRE
Sign in Sign up
29887 E Trancas Dr
D+ Composite 49.17
Why this score? — see what drove the D+ 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).

  • ARV discount +15.0/15.0
  • Cash flow +12.4/30.0
  • 1% rule +6.3/10.0
  • DSCR +3.7/10.0
  • Rent growth +3.3/5.0
  • Livability +3.3/5.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$398,000

29887 E Trancas Dr · Cathedral City, CA 92234
2 bd · 2.0 ba · 1,461 sqft · SingleFamily public records · 255 Days on market
Built 1990 6,534 sqft lot $272/sqft · 22% below area Est $512k · 22% under $995/mo HOA · 22% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to your own slice of paradise at Desert Princess Country Club! This stunning two-story, 1,461 sq. ft. retreat is the ultimate desert getaway, offering dual primary suites, panoramic west-facing views, and your very own private pool and spa overlooking the fairways and the majestic San Jacinto Mountains. Step inside to discover vaulted ceilings, an open-concept living area, and a natural sense of indoor-outdoor harmony. A striking rock fireplace creates a warm focal point in the living room, while the adjoining dining area opens to a side patio perfect for outdoor grilling and casual gatherings. The kitchen features a breakfast bar overlooking the living space, ideal for morning coffee or entertaining guests. Beyond the living room's sliding doors awaits your private sanctuary, a pool and spa patio set right on Hole 2/11, where manicured greens stretch toward the San Jacinto Mountains. Here, evenings come alive with fiery desert sunsets, creating the perfect backdrop for relaxation or entertaining. Both primary suites provide a sense of comfort and privacy, each with a spa-like ensuite featuring a soaking tub and separate shower. The lower-level suite opens to the pool patio and includes a walk-in closet, while the upper-level suite offers a private balcony with serene views of the golf greens and pool perfect for morning coffee or sunset relaxation. Convenient features include a main-floor guest bath and a laundry closet off the kitchen with direct access to the two-car garage and golf cart space. Enjoy the exceptional amenities of Desert Princess Country Club, a pristine 250-acre gated community offering 27 holes of championship golf, over 30 resort-style pools and spas, lighted tennis and pickleball courts, a state-of-the-art fitness center, racquetball, basketball, a full-service spa with sauna and lap pool, and an on-site restaurant and bar. The clubhouse also features the Lagos Café, Mountain View Grille, golf pro shop, and multiple meeting spaces-all within a guard-gated community with 24-hour security. Conveniently located just minutes from Palm Springs International Airport, downtown Palm Springs, and with easy access to the I-10 freeway, this home perfectly blends resort-style living with everyday comfort and convenience.

Key facts

  • Pool and spa patio
  • Rock fireplace
  • Private pool and spa

Tags

PRIVATE POOL AND SPAPANORAMIC WEST-FACING VIEWSVAULTED CEILINGSROCK FIREPLACEBREAKFAST BARPOOL AND SPA PATIO

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath single-family listed at $398k.

Deal economics

  • At list price, monthly cash flow is $-65 ($-779/yr) — negative.
  • To cash-flow at today's rent, offer at most $387k (2.9% below list).
  • Meets the 1% rule at list price ($4k rent vs $398k).
  • Recommended offer: $350k (12.0% below list) — sets the bar for market timing.
  • Cap rate 6.1% vs local median 5.1% in Cathedral City — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 66/100 on livability (#344 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing B+; Watch: employment D+, schools F, amenities D-.
  • Palm Springs Unified (suburban): math 21% / reading 42% proficiency, ranked #328 of 517 in CA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+3.2%/yr); 530 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
  • At $4,494/mo this rent would consume 73% of the median local household income ($74k/yr) (locally 1682% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
  • Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 255 days — a 12% lower offer ($350k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $248k; list at $398k implies a 61% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 22% of rent.
  • Climate carrying-cost: extreme-heat days projected 5→12/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $350,240 (12.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 255 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. 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.
  9. 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.
  10. 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
1.13%
Cap rate
6.10%
Cash-on-cash
-0.70%
DSCR
0.97
GRM
7.4

CMA / ARV

ARV (median comp)
$511,882
List price
$398,000
Delta
-22.25%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
67645 S Laguna Dr 0.33mi 2/2.5 1,425 (-2%) 2mo $510,000 $358 77
29597 E Trancas Dr 0.14mi 2/2.5 1,576 (+8%) 3mo $419,000 $266 76
30320 Travis Ave 0.26mi 3/2.0 (+1) 1,523 (+4%) 2mo $490,000 $322 74
67633 S Laguna Dr 0.35mi 2/2.5 1,525 (+4%) 2mo $545,000 $357 72
29438 W Laguna Dr 0.43mi 2/2.5 1,500 (+3%) 2mo $537,500 $358 72
68220 Risueno Rd 0.29mi 3/2.0 (+1) 1,350 (-8%) 0mo $469,000 $347 69
68220 Mccallum Way 0.63mi 3/2.0 (+1) 1,501 (+3%) 3mo $475,000 $316 59
68015 Estio Rd 0.66mi 3/2.0 (+1) 1,352 (-8%) 2mo $436,400 $323 50
30608 Avenida Maravilla 0.70mi 3/2.0 (+1) 1,600 (+10%) 0mo $473,000 $296 46
68325 Peladora Rd 0.66mi 3/2.0 (+1) 1,320 (-10%) 2mo $532,000 $403 46
68395 Perlita Rd 0.48mi 3/3.0 (+1) 1,646 (+13%) 3mo $505,000 $307 45
68492 Alcita 0.74mi 3/2.0 (+1) 1,598 (+9%) 1mo $327,500 $205 44

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 · 3.22% rent growth · sell at horizon

5-year hold
IRR
-16.9%
Equity multiple
0.40×
Total profit
$-67,034
Equity at exit
$59,343
10-year hold
IRR
-8.0%
Equity multiple
0.49×
Total profit
$-57,156
Equity at exit
$34,412

Cash invested: $111,440 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
18 Strongly Tenant-Friendly
State California
18 Strongly Tenant-Friendly · D+13
County
— inherits STATE
City
— inherits STATE
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 92234

Home prices YoY
-27.7%
Rents YoY
3.2%
Active inventory
530
Price-to-rent
7.4×

Monthly cashflow live

Estimated rent
$4,494 high interval (Pro) →
Mortgage (P&I)
$2,087
Tax from tax record
$367 /mo · $4,407/yr
Insurance
$166
HOA
$995
Vacancy / Maint / Mgmt
$944
Net cashflow
$-65

Break-even live

Break-even rent $4,576
Max offer price $386,525
Occupancy floor 96%

Sensitivity live

Price -10% $160 -5% $48 +0% $-65 +5% $-178 +10% $-290
Rent -10% $-420 -5% $-242 +0% $-65 +5% $113 +10% $290
Rate -1.0pp $135 -0.5pp $36 base $-65 +0.5pp $-168 +1.0pp $-273

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
$99,500
Closing costs
$11,940
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
29899 E Trancas Dr Cathedral City, CA 2.0 2.0 1690 $4,000 $2.37 44d 1 0.02mi
29756 Sandy Ct Cathedral City, CA 3.0 3.0 1732 $4,900 $2.83 44d 1 0.11mi
67857 30th Ave Cathedral City, CA 3.0 2.0 1523 $3,500 $2.30 16d 1 0.13mi
29777 Sandy Ct Cathedral City, CA 3.0 3.0 1841 $5,000 $2.72 44d 1 0.13mi
29500 Landau Blvd Unit B Cathedral City, CA 3.0 3.0 1800 $1,300 $0.72 0d 1 0.14mi
29521 E Trancas Dr Cathedral City, CA 2.0 3.0 1576 $5,500 $3.49 44d 1 0.17mi
29576 Sandy Ct Cathedral City, CA 3.0 2.0 1503 $5,000 $3.33 44d 1 0.17mi
29704 W Trancas Dr Cathedral City, CA 2.0 2.5 1425 $6,000 $4.21 44d 1 0.21mi
29631 W Trancas Dr Cathedral City, CA 2.0 2.5 1533 $6,300 $4.11 44d 1 0.25mi
67727 S Natoma Dr Cathedral City, CA 2.0 3.0 1425 $4,500 $3.16 44d 1 0.26mi
29869 W Laguna Dr Cathedral City, CA 2.0 3.0 1604 $5,700 $3.55 44d 1 0.26mi
67683 S Laguna Dr Cathedral City, CA 2.0 3.0 1825 $5,000 $2.74 44d 1 0.31mi
67645 Cielo Ct Cathedral City, CA 2.0 2.5 1604 $6,800 $4.24 44d 1 0.32mi
68160 Modalo Rd Unit 68162 Cathedral City, CA 3.0 2.0 1000 $2,499 $2.50 16d 1 0.34mi
68125 Alva Ct Cathedral City, CA 3.0 2.0 1544 $3,200 $2.07 44d 1 0.35mi
67613 Cielo Ct Cathedral City, CA 3.0 2.5 1825 $6,500 $3.56 44d 1 0.36mi
29581 W Laguna Dr Cathedral City, CA 3.0 3.0 1825 $6,000 $3.29 44d 1 0.38mi
29199 E Portales Dr Unit 702 Cathedral City, CA 2.0 2.0 1177 $4,200 $3.57 44d 1 0.38mi
29578 W Laguna Dr Cathedral City, CA 2.0 3.0 1604 $7,000 $4.36 44d 1 0.39mi
67659 S Natoma Dr Cathedral City, CA 2.0 2.5 1684 $6,800 $4.04 44d 1 0.40mi
67579 S Laguna Dr Cathedral City, CA 2.0 2.5 1704 $6,300 $3.70 44d 1 0.41mi
67568 S Laguna Dr Cathedral City, CA 3.0 2.5 1825 $7,000 $3.84 25d 1 0.42mi
29118 Desert Princess Dr Unit 702 Cathedral City, CA 2.0 2.0 1212 $4,200 $3.47 44d 1 0.43mi
29488 W Laguna Dr Cathedral City, CA 3.0 3.0 1604 $5,500 $3.43 44d 1 0.43mi
67550 S Laguna Dr Cathedral City, CA 2.0 3.0 1825 $5,500 $3.01 44d 1 0.44mi
67646 S Natoma Dr Cathedral City, CA 2.0 3.0 1686 $6,000 $3.56 44d 1 0.44mi
68412 Descanso Cir Cathedral City, CA 3.0 2.0 1871 $3,200 $1.71 15d 1 0.45mi
67665 Lagos Way Cathedral City, CA 3.0 2.0 1285 $4,500 $3.50 44d 1 0.46mi
67636 S Natoma Dr Cathedral City, CA 2.0 2.5 1533 $5,000 $3.26 44d 1 0.47mi
28868 Isleta Ct Unit 702 Cathedral City, CA 2.0 2.0 1285 $4,900 $3.81 25d 1 0.48mi
28868 Isleta Ct Cathedral City, CA 2.0 2.0 1285 $4,900 $3.81 44d 1 0.48mi
28964 Desert Princess Dr Cathedral City, CA 2.0 2.0 1177 $2,700 $2.29 44d 1 0.50mi
67595 Lagos Way Cathedral City, CA 3.0 3.0 1285 $3,500 $2.72 44d 1 0.50mi
28859 Desert Princess Dr Cathedral City, CA 3.0 2.0 1285 $3,700 $2.88 44d 1 0.51mi
28914 Desert Princess Dr Unit 702 Palm Springs, CA 2.0 2.0 1212 $4,200 $3.47 25d 1 0.52mi
28827 Isleta Ct Cathedral City, CA 3.0 2.0 1285 $4,500 $3.50 44d 1 0.53mi
28763 E Portales Dr Cathedral City, CA 2.0 2.0 984 $4,200 $4.27 8d 1 0.55mi
29348 W Laguna Dr Cathedral City, CA 2.0 2.5 1650 $6,300 $3.82 44d 1 0.56mi
29017 W Natoma Dr Cathedral City, CA 2.0 2.0 1177 $2,395 $2.03 44d 1 0.57mi
28920 W Natoma Dr Cathedral City, CA 2.0 2.0 1177 $4,000 $3.40 44d 1 0.58mi

HOA detail

Monthly dues
$995 · $11,940/yr
Likely covers
poolgymsecurity

Listing history 30 events

  1. 2026-06-21
    days on market $398,000 Active 255 DOM
  2. 2026-06-18
    days on market $398,000 Active 252 DOM
  3. 2026-06-17
    days on market $398,000 Active 251 DOM
  4. 2026-06-16
    days on market $398,000 Active 250 DOM
  5. 2026-06-15
    days on market $398,000 Active 249 DOM
  6. 2026-06-13
    days on market $398,000 Active 247 DOM
  7. 2026-06-13
    days on market $398,000 Active 246 DOM
  8. 2026-06-09
    days on market $398,000 Active 243 DOM
  9. 2026-06-08
    days on market $398,000 Active 242 DOM
  10. 2026-06-07
    days on market $398,000 Active 241 DOM
  11. 2026-06-04
    days on market $398,000 Active 238 DOM
  12. 2026-06-03
    days on market $398,000 Active 237 DOM
  13. 2026-06-02
    days on market $398,000 Active 236 DOM
  14. 2026-06-01
    days on market $398,000 Active 235 DOM
  15. 2026-05-31
    days on market $398,000 Active 234 DOM
  16. 2025-10-09
    listed $398,000 Active 2285-char remark
    Show marketing remark (2285 chars)

    Welcome to your own slice of paradise at Desert Princess Country Club! This stunning two-story, 1,461 sq. ft. retreat is the ultimate desert getaway, offering dual primary suites, panoramic west-facing views, and your very own private pool and spa overlooking the fairways and the majestic San Jacinto Mountains. Step inside to discover vaulted ceilings, an open-concept living area, and a natural sense of indoor-outdoor harmony. A striking rock fireplace creates a warm focal point in the living room, while the adjoining dining area opens to a side patio perfect for outdoor grilling and casual gatherings. The kitchen features a breakfast bar overlooking the living space, ideal for morning coffee or entertaining guests. Beyond the living room's sliding doors awaits your private sanctuary, a pool and spa patio set right on Hole 2/11, where manicured greens stretch toward the San Jacinto Mountains. Here, evenings come alive with fiery desert sunsets, creating the perfect backdrop for relaxation or entertaining. Both primary suites provide a sense of comfort and privacy, each with a spa-like ensuite featuring a soaking tub and separate shower. The lower-level suite opens to the pool patio and includes a walk-in closet, while the upper-level suite offers a private balcony with serene views of the golf greens and pool perfect for morning coffee or sunset relaxation. Convenient features include a main-floor guest bath and a laundry closet off the kitchen with direct access to the two-car garage and golf cart space. Enjoy the exceptional amenities of Desert Princess Country Club, a pristine 250-acre gated community offering 27 holes of championship golf, over 30 resort-style pools and spas, lighted tennis and pickleball courts, a state-of-the-art fitness center, racquetball, basketball, a full-service spa with sauna and lap pool, and an on-site restaurant and bar. The clubhouse also features the Lagos Café, Mountain View Grille, golf pro shop, and multiple meeting spaces-all within a guard-gated community with 24-hour security. Conveniently located just minutes from Palm Springs International Airport, downtown Palm Springs, and with easy access to the I-10 freeway, this home perfectly blends resort-style living with everyday comfort and convenience.

  17. 2018-10-11
    soldstatus $247,500 Closed 966-char remark
    Show marketing remark (966 chars)

    HUGE price reduction!! Private POOL and SPA!! Did Someone say SUNSET??? I have got one of those for you! Sensational Western VIEW of the Sunset and San Jacinto Mountains! Dual Masters, POOL, spa, attached two car garage, turnkey furnished (per inventory) What more do you need!!! Get out here!! Close to Palm Springs Airport and downtown, 2 hour drive to LAX, SNA, SAN, and 1 hour from ONT. Brand new a/c (2016) and pool equipment! This is truly a delightful home and a MUST SEE! This club has every amenity! The HOA dues include social membership and you can pay as you go for golf on one of 3 gorgeous 9 hole courses. You also get 20% off food in the full service on site restaurant and bar. Lighted Tennis courts, indoor racquetball, pickle ball, a luxury spa, tennis and golf pro, Come live like you are on permanent vacation!!! Superb investment opportunity! POOL, SPA, TURNKEY, VIEW, ON GOLF COURSE, 29887 E Trancas Desert Princess Country Club and Golf Resort

  18. 2018-10-10
    soldstatus $247,500
  19. 2018-08-24
    status Backup Offers Accepted 966-char remark
    Show marketing remark (966 chars)

    HUGE price reduction!! Private POOL and SPA!! Did Someone say SUNSET??? I have got one of those for you! Sensational Western VIEW of the Sunset and San Jacinto Mountains! Dual Masters, POOL, spa, attached two car garage, turnkey furnished (per inventory) What more do you need!!! Get out here!! Close to Palm Springs Airport and downtown, 2 hour drive to LAX, SNA, SAN, and 1 hour from ONT. Brand new a/c (2016) and pool equipment! This is truly a delightful home and a MUST SEE! This club has every amenity! The HOA dues include social membership and you can pay as you go for golf on one of 3 gorgeous 9 hole courses. You also get 20% off food in the full service on site restaurant and bar. Lighted Tennis courts, indoor racquetball, pickle ball, a luxury spa, tennis and golf pro, Come live like you are on permanent vacation!!! Superb investment opportunity! POOL, SPA, TURNKEY, VIEW, ON GOLF COURSE, 29887 E Trancas Desert Princess Country Club and Golf Resort

  20. 2018-07-15
    price $269,900 966-char remark
    Show marketing remark (966 chars)

    HUGE price reduction!! Private POOL and SPA!! Did Someone say SUNSET??? I have got one of those for you! Sensational Western VIEW of the Sunset and San Jacinto Mountains! Dual Masters, POOL, spa, attached two car garage, turnkey furnished (per inventory) What more do you need!!! Get out here!! Close to Palm Springs Airport and downtown, 2 hour drive to LAX, SNA, SAN, and 1 hour from ONT. Brand new a/c (2016) and pool equipment! This is truly a delightful home and a MUST SEE! This club has every amenity! The HOA dues include social membership and you can pay as you go for golf on one of 3 gorgeous 9 hole courses. You also get 20% off food in the full service on site restaurant and bar. Lighted Tennis courts, indoor racquetball, pickle ball, a luxury spa, tennis and golf pro, Come live like you are on permanent vacation!!! Superb investment opportunity! POOL, SPA, TURNKEY, VIEW, ON GOLF COURSE, 29887 E Trancas Desert Princess Country Club and Golf Resort

  21. 2018-07-13
    status Active 966-char remark
    Show marketing remark (966 chars)

    HUGE price reduction!! Private POOL and SPA!! Did Someone say SUNSET??? I have got one of those for you! Sensational Western VIEW of the Sunset and San Jacinto Mountains! Dual Masters, POOL, spa, attached two car garage, turnkey furnished (per inventory) What more do you need!!! Get out here!! Close to Palm Springs Airport and downtown, 2 hour drive to LAX, SNA, SAN, and 1 hour from ONT. Brand new a/c (2016) and pool equipment! This is truly a delightful home and a MUST SEE! This club has every amenity! The HOA dues include social membership and you can pay as you go for golf on one of 3 gorgeous 9 hole courses. You also get 20% off food in the full service on site restaurant and bar. Lighted Tennis courts, indoor racquetball, pickle ball, a luxury spa, tennis and golf pro, Come live like you are on permanent vacation!!! Superb investment opportunity! POOL, SPA, TURNKEY, VIEW, ON GOLF COURSE, 29887 E Trancas Desert Princess Country Club and Golf Resort

  22. 2018-06-19
    status Backup Offers Accepted 966-char remark
    Show marketing remark (966 chars)

    HUGE price reduction!! Private POOL and SPA!! Did Someone say SUNSET??? I have got one of those for you! Sensational Western VIEW of the Sunset and San Jacinto Mountains! Dual Masters, POOL, spa, attached two car garage, turnkey furnished (per inventory) What more do you need!!! Get out here!! Close to Palm Springs Airport and downtown, 2 hour drive to LAX, SNA, SAN, and 1 hour from ONT. Brand new a/c (2016) and pool equipment! This is truly a delightful home and a MUST SEE! This club has every amenity! The HOA dues include social membership and you can pay as you go for golf on one of 3 gorgeous 9 hole courses. You also get 20% off food in the full service on site restaurant and bar. Lighted Tennis courts, indoor racquetball, pickle ball, a luxury spa, tennis and golf pro, Come live like you are on permanent vacation!!! Superb investment opportunity! POOL, SPA, TURNKEY, VIEW, ON GOLF COURSE, 29887 E Trancas Desert Princess Country Club and Golf Resort

  23. 2017-12-02
    listed $295,000 Active 966-char remark
    Show marketing remark (966 chars)

    HUGE price reduction!! Private POOL and SPA!! Did Someone say SUNSET??? I have got one of those for you! Sensational Western VIEW of the Sunset and San Jacinto Mountains! Dual Masters, POOL, spa, attached two car garage, turnkey furnished (per inventory) What more do you need!!! Get out here!! Close to Palm Springs Airport and downtown, 2 hour drive to LAX, SNA, SAN, and 1 hour from ONT. Brand new a/c (2016) and pool equipment! This is truly a delightful home and a MUST SEE! This club has every amenity! The HOA dues include social membership and you can pay as you go for golf on one of 3 gorgeous 9 hole courses. You also get 20% off food in the full service on site restaurant and bar. Lighted Tennis courts, indoor racquetball, pickle ball, a luxury spa, tennis and golf pro, Come live like you are on permanent vacation!!! Superb investment opportunity! POOL, SPA, TURNKEY, VIEW, ON GOLF COURSE, 29887 E Trancas Desert Princess Country Club and Golf Resort

  24. 2006-09-27
    soldstatus $360,000
  25. 2006-07-26
    historical
  26. 2006-05-07
    listed $369,000
  27. 2006-02-16
    historical
  28. 2005-10-15
    listed $419,000
  29. 1998-10-28
    soldstatus $127,500
  30. 1996-04-01
    soldstatus $120,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

Current annual tax
$4,407 · $367/mo
Projected year-2 tax
$4,407 · $367/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 5 d/yr ≥112°F today · 12 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$53,928
− Mortgage interest
−$22,294
− Property taxes
−$4,407
− Insurance
−$1,990
− Repairs & maintenance
−$4,314
− Management
−$4,314
− HOA
−$11,940
− Depreciation
−$11,578
Taxable loss
−$6,910
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,658
After-tax cash flow
$879/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.

Schools (NCES district)

District
Palm Springs Unified
NCES district ID
0629550
Math proficiency
21% ▼ -7.00%
Reading proficiency
42% ▬ 0.00%
Median HH income
$43,638
Composite
26.76/100
National rank
#7131
State rank
#328 of 517 in CA

Livability — Cathedral City

Score
66/100
State rank
#344
US rank
#11749

Category grades

Amenities D- Commute A+ Cost of living F Crime B- Employment D+ Housing B+ Health & safety F User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Cathedral City, CA
County
Riverside County · 2,287,001 people
City population
52,267
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
52,267
Household income
$73,572
Rent vs Own
33.5% rent · 66.5% own
Severe rent burden
1682.0

Population outlook (Riverside County) Hauer SSP2

Today (2025)
2,664,475 people
By 2030
2,802,692 · +5.2%
By 2040
3,050,904 · +14.5%
By 2050
3,256,783 · +22.2%
By 2075
3,655,058 · +37.2%
By 2100
3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
Hispanic / Latino 59% White 30% Two or more races 27% Asian 6% Native American 2% Black 2%
Hispanic origin (detail)
Mexican 51%
Common ancestry
Lithuanian 2% Romanian 1% Italian 1%
Foreign-born
28% · Canada, Vietnam
Languages at home
48% English-only · Spanish 46% Tagalog/Filipino 3% Other Asian/Pacific 1%

Political lean MEDSL · Riverside

2024 margin
Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
2008→2024 swing
-3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
All cycles
2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -136.57%
Current HPI
356.9845
Rent YoY
▲ 3.22%
Metro
Riverside-San Bernardino-Ontario, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+231.7% since first listed
15 events — show timeline
  • 2025-10-09 Listed $398,000 GPSMLS
  • 2018-10-11 Sold (MLS) $247,500 GPSMLS
  • 2018-10-10 Sold (Public Records) $247,500 Public Records
  • 2018-08-24 Pending GPSMLS
  • 2018-07-15 Price Changed $269,900 GPSMLS
  • 2018-07-13 Relisted GPSMLS
  • 2018-06-19 Pending GPSMLS
  • 2017-12-02 Listed $295,000 GPSMLS
  • 2006-09-27 Sold (Public Records) $360,000 Public Records
  • 2006-07-26 Listing Removed GPSMLS
  • 2006-05-07 Listed $369,000 GPSMLS
  • 2006-02-16 Listing Removed GPSMLS
  • 2005-10-15 Listed $419,000 GPSMLS
  • 1998-10-28 Sold (Public Records) $127,500 Public Records
  • 1996-04-01 Sold (Public Records) $120,000 Public Records

Property tax history

+0.1%/yr

Latest (2025): $4,407 · -0.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…