509 Pine Hollow Way · Josephine, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 8/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +11.1/15.0
- Cash flow +7.9/30.0
- Condition / age +4.0/5.0
- 1% rule +3.7/10.0
- Schools +3.2/10.0
- Livability +3.0/5.0
- Rent growth +2.2/5.0
- DSCR +2.0/10.0
- Appreciation +0.0/10.0
$265,000
509 Pine Hollow Way · Josephine, TX 75189
4 bd · 2.0 ba · 1,789 sqft · SingleFamily
public records
· 135 Days on market
Built 2020
7,187 sqft lot
2-car garage
$148/sqft
· 8% below area
Est $288k · 8% under
$48/mo HOA · 2% of rent
↓ 2% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
JOSEPHINE GEM!!! * FHA Assumable Loan at 3.00% for qualified buyers * Charming 4-bedroom, 2-bathroom home with an open floor plan and 1,789 sq ft of living space in growing Josephine, TX. Built in 2020 and thoughtfully updated with upgraded laminate wood flooring, new high grade carpet, new exterior and interior paint, and black custom door hinges and knobs throughout. The kitchen features black stainless-steel appliances, granite countertops, a large island with an upgraded sink and faucet, Subway tile backsplash, a large pantry, and new cabinet and drawer handles for a modern touch. Ceiling fans in the master bedroom and living room.
Key facts
- Open floor plan
- Large island
- Large pantry
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $265k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-283 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $215k (18.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (13.1% below list).
- Recommended offer: $215k (18.8% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 60/100 on livability (#1,076 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities F, commute F, health & safety F.
- Community ISD (rural): math 30% / reading 38% proficiency, ranked #479 of 826 in TX (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Mcclendon El (math 29% / reading 35%, grade F, #2,268 of 4,322 statewide, top 55%, 697 students, 66% FRL); Leland E Edge Middle (math 25% / reading 35%, grade F, #1,056 of 1,662 statewide, top 65%, 931 students, 53% FRL) — zoned schools average 60% FRL vs 36% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents soft (-1.1%/yr); 1884 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 71d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 19,194 units permitted in Collin County in 2024 (3,988 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 135 days — a 12% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $15k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 2.5% of price.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$215,052
(18.8% below list)
Questions for the listing agent
- 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?
- It's been on market 135 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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
- 0.87% ✗
- Cap rate
- 5.01%
- Cash-on-cash
- -4.57%
- DSCR
- 0.80
- GRM
- 9.6
CMA / ARV
- ARV (median comp)
- $287,931
- List price
- $265,000
- Delta
- -7.96%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 727 Meadow Creek Ln | 0.18mi | 4/2.0 | 1,835 (+3%) | 2mo | $257,899 | $141 | 86 |
| 707 Farmstead Way | 0.08mi | 4/2.0 | 1,914 (+7%) | 2mo | $249,999 | $131 | 83 |
| 313 Riverbrook Ln | 0.51mi | 4/2.0 | 1,791 (+0%) | 3mo | $316,990 | $177 | 74 |
| 500 Murray Ct | 0.50mi | 4/2.0 | 1,897 (+6%) | 0mo | $314,900 | $166 | 66 |
| 214 Pennington Rd | 0.47mi | 3/2.0 (-1) | 1,740 (-3%) | 4mo | $339,900 | $195 | 66 |
| 802 Rustic Way | 0.29mi | 4/2.0 | 1,577 (-12%) | 2mo | $232,500 | $147 | 65 |
| 308 Saw Mill Rd | 0.39mi | 4/2.0 | 1,577 (-12%) | 1mo | $239,999 | $152 | 61 |
| 508 Northern Red Dr | 0.51mi | 4/2.0 | 1,916 (+7%) | 4mo | $279,990 | $146 | 61 |
| 602 Mallard Dr | 0.69mi | 4/2.0 | 1,903 (+6%) | 2mo | $264,000 | $139 | 55 |
| 902 Willowbanks Dr | 0.61mi | 4/2.0 | 2,038 (+14%) | 1mo | $349,000 | $171 | 48 |
| 1210 Honeysuckle Dr | 0.67mi | 5/2.0 (+1) | 1,995 (+12%) | 4mo | $268,000 | $134 | 41 |
| 113 Caddo St | 0.73mi | 3/2.0 (-1) | 1,540 (-14%) | 2mo | $255,000 | $166 | 36 |
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
5-year hold
- IRR
- -27.9%
- Equity multiple
- 0.09×
- Total profit
- $-67,497
- Equity at exit
- $39,512
10-year hold
- IRR
- -47.3%
- Equity multiple
- -0.45×
- Total profit
- $-107,228
- Equity at exit
- $22,912
Cash invested: $74,200 (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
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.
Buyer's market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 127 active · 37 under contract
- Months of supply
- 13.4 mo (7%/mo absorbed)
- Median asking
- $278,490 ($159/sqft)
- Median days on market
- 106 d
- This list price
- 33% of active listings are priced below it
- ARV vs active asking
- +0.9% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 75189
- Home prices YoY
- -25.0%
- Rents YoY
- -1.1%
- Active inventory
- 1884
- Price-to-rent
- 9.6×
Monthly cashflow live
↻
- Estimated rent
- $2,303 high interval (Pro) →
- Mortgage (P&I)
- −$1,390
- Tax from tax record
- −$554 /mo · $6,647/yr
- Insurance
- −$110
- HOA
- −$48
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$484
- Net cashflow
- $-283
Break-even live
Break-even rent
$2,661
Max offer price
$215,052
Occupancy floor
—
Sensitivity live
| Price | -10% $-133 | -5% $-208 | +0% $-283 | +5% $-358 | +10% $-433 |
|---|---|---|---|---|---|
| Rent | -10% $-465 | -5% $-374 | +0% $-283 | +5% $-192 | +10% $-101 |
| Rate | -1.0pp $-149 | -0.5pp $-215 | base $-283 | +0.5pp $-351 | +1.0pp $-421 |
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
- $66,250
- Closing costs
- $7,950
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 511 Pine Hollow Way Josephine, TX | 3.0 | 2.0 | 1448 | $2,100 | $1.45 | 6d | 1 | 0.03mi |
| 315 Pine Hollow Way Josephine, TX | 4.0 | 3.0 | 2212 | $2,300 | $1.04 | 103d | 1 | 0.12mi |
| 315 Pine Hollow Way Josephine, TX | 4.0 | 3.0 | 2212 | $2,300 | $1.04 | 49d | 1 | 0.12mi |
| 722 Windmill St Josephine, TX | 4.0 | 2.0 | 1568 | $1,750 | $1.12 | 31d | 1 | 0.13mi |
| 800 Windmill St Josephine, TX | 4.0 | 2.0 | 1843 | $2,100 | $1.14 | 95d | 1 | 0.14mi |
| 800 Windmill St Josephine, TX | 4.0 | 2.0 | 1843 | $2,000 | $1.09 | 64d | 1 | 0.14mi |
| 800 Windmill St Josephine, TX | 4.0 | 2.0 | 1843 | $2,100 | $1.14 | 103d | 1 | 0.14mi |
| 717 Cottonwood WAY Josephine, TX | 4.0 | 3.0 | 2073 | $2,050 | $0.99 | 74d | 1 | 0.15mi |
| 717 Cottonwood WAY Josephine, TX | 4.0 | 3.0 | 2073 | $2,035 | $0.98 | 18d | 1 | 0.15mi |
| 801 Meadow Creek Ln Josephine, TX | 4.0 | 2.0 | 1757 | $2,500 | $1.42 | 100d | 1 | 0.16mi |
| 801 Meadow Creek Ln Josephine, TX | 4.0 | 2.0 | 1708 | $2,300 | $1.35 | 72d | 1 | 0.16mi |
| 808 Saddle Horn Way Royse City, TX | 4.0 | 2.0 | 1870 | $2,199 | $1.18 | 17d | 1 | 0.21mi |
| 813 Cottonwood Way Royse City, TX | 4.0 | 3.0 | 2347 | $2,100 | $0.89 | 67d | 1 | 0.22mi |
| 802 Turnbuckle Ct Royse City, TX | 4.0 | 2.0 | 1577 | $1,849 | $1.17 | 139d | 1 | 0.24mi |
| 904 Saddle Horn Way Royse City, TX | 4.0 | 2.0 | 1870 | $1,995 | $1.07 | 59d | 1 | 0.28mi |
| 904 Saddle Horn Way Royse City, TX | 4.0 | 2.0 | 1870 | $1,995 | $1.07 | 3d | 1 | 0.28mi |
| 904 Saddle Horn Way Royse City, TX | 4.0 | 2.0 | 1870 | $1,995 | $1.07 | 54d | 1 | 0.28mi |
| 517 Milo Way Royse City, TX | 5.0 | 2.0 | 2064 | $1,805 | $0.87 | 12d | 1 | 0.29mi |
| 306 E Cook St Josephine, TX | 3.0 | 2.0 | 1817 | $2,100 | $1.16 | 88d | 1 | 0.31mi |
| 819 Rustic Way Royse City, TX | 4.0 | 2.0 | 1796 | $2,000 | $1.11 | 79d | 1 | 0.33mi |
| 1004 Cotton Gin Ct Royse City, TX | 4.0 | 2.0 | 1875 | $1,850 | $0.99 | 108d | 1 | 0.35mi |
| 602 East St Josephine, TX | 3.0 | 2.0 | 1841 | $1,950 | $1.06 | 20d | 1 | 0.37mi |
| 315 Pennington Rd Josephine, TX | 4.0 | 2.0 | 1736 | $2,399 | $1.38 | 0d | 1 | 0.38mi |
| 1007 Cotton Gin Ct Royse City, TX | 3.0 | 2.0 | 1611 | $2,050 | $1.27 | 139d | 1 | 0.38mi |
| 311 Milo Way Royse City, TX | 4.0 | 2.0 | 2074 | $2,050 | $0.99 | 80d | 1 | 0.39mi |
| 310 Pennington Rd Royse City, TX | 4.0 | 2.0 | 1977 | $1,900 | $0.96 | 24d | 1 | 0.42mi |
| 401 Silo Cir Royse City, TX | 4.0 | 2.0 | 1568 | $1,900 | $1.21 | 85d | 1 | 0.43mi |
| 305 Silo Cir Royse City, TX | 4.0 | 2.0 | 2074 | $2,100 | $1.01 | 120d | 1 | 0.45mi |
| 1210 Honeysuckle Dr Josephine, TX | 5.0 | 2.0 | 1995 | $1,995 | $1.00 | 67d | 1 | 0.65mi |
| 1208 Fieldstone Ct Royse City, TX | 4.0 | 2.0 | 1835 | $2,000 | $1.09 | 139d | 1 | 0.67mi |
| 716 Mallard Dr Josephine, TX | 4.0 | 2.5 | 2119 | $2,000 | $0.94 | 6d | 1 | 0.68mi |
| 1208 Community Way Royse City, TX | 4.0 | 2.0 | 2081 | $2,400 | $1.15 | 10d | 1 | 0.68mi |
| 406 Knapsack Ln Royse City, TX | 4.0 | 2.0 | 1870 | $1,856 | $0.99 | 59d | 1 | 0.68mi |
| 805 Martingale Dr Nevada, TX | 4.0 | 2.0 | 1926 | $2,300 | $1.19 | 84d | 1 | 0.70mi |
| 1304 Lowhill Dr Royse City, TX | 4.0 | 2.0 | 1843 | $1,895 | $1.03 | 7d | 1 | 0.71mi |
| 1304 Lowhill Dr Royse City, TX | 4.0 | 2.0 | 1843 | $1,895 | $1.03 | 71d | 1 | 0.71mi |
| 414 Main St Josephine, TX | 3.0 | 2.0 | 1720 | $1,500 | $0.87 | 38d | 1 | 0.73mi |
| 711 Cistern Way Royse City, TX | 4.0 | 2.0 | 2081 | $1,975 | $0.95 | 103d | 1 | 0.73mi |
| 1307 Community Way Royse City, TX | 4.0 | 2.0 | 2104 | $2,100 | $1.00 | 139d | 1 | 0.74mi |
| 508 Windrow Dr Royse City, TX | 3.0 | 2.0 | 1533 | $1,900 | $1.24 | 139d | 1 | 0.77mi |
Property features AI
Finance
- Other
- Located in a Municipal Utility District
- HOA & community
- Mandatory HOAHOA fees $288 semi-annuallyHOA includes full use of facilities and grounds maintenanceHOA managed by Proper HOA Management
Exterior
- Parking
- Attached 2-car garage with garage door opener (garage faces front)Covered parking for 2Driveway and on-street parking2-car single door
- Utilities
- City waterCity sewerMUD waterMUD sewerElectric service available
- Home design
- Single family residenceOne storyResidential property
- Construction
- Built in 2020Brick and wood constructionComposition roofSlab foundation
- Exterior features
- Covered porch(es)Wood fencingCurbsCommunity mailbox
Interior
- Kitchen
- DishwasherElectric rangeMicrowaveDisposalGranite countertopsKitchen islandBuilt-in cabinetsEat-in kitchenPantry
- Bedrooms
- Primary bedroom on level 1 with ensuite bath and walk-in closetThree additional bedrooms on level 1
- Flooring
- CarpetLaminateTile
- Bathrooms
- Two full bathrooms
- Heating & cooling
- Central heating (electric)Central airCeiling fan(s)
- Interior features
- Open floorplan with eat-in kitchen and kitchen islandGranite countersPantryFlat screen wiringCable TV availableHigh speed internet availableWalk-in closet(s)
- Laundry & utility
- Electric water heaterMain-level laundry room
Listing history 50 events
-
2026-09-23days on market $265,000 Active 135 DOM
-
2026-09-22days on market $265,000 Active 134 DOM
-
2026-09-21days on market $265,000 Active 133 DOM
-
2026-09-20days on market $265,000 Active 132 DOM
-
2026-09-19days on market $265,000 Active 131 DOM
-
2026-09-18days on market $265,000 Active 130 DOM
-
2026-09-17days on market $265,000 Active 129 DOM
-
2026-09-16days on market $265,000 Active 128 DOM
-
2026-09-14days on market $265,000 Active 126 DOM
-
2026-09-13days on market $265,000 Active 125 DOM
-
2026-09-12days on market $265,000 Active 124 DOM
-
2026-09-11days on market $265,000 Active 123 DOM
-
2026-09-05days on market $265,000 Active 117 DOM
-
2026-09-04days on market $265,000 Active 116 DOM
-
2026-08-31days on market $265,000 Active 112 DOM
-
2026-08-29days on market $265,000 Active 110 DOM
-
2026-08-28days on market $265,000 Active 109 DOM
-
2026-08-27days on market $265,000 Active 108 DOM
-
2026-08-26days on market $265,000 Active 107 DOM
-
2026-08-25days on market $265,000 Active 106 DOM
-
2026-08-24days on market $265,000 Active 105 DOM
-
2026-08-23days on market $265,000 Active 104 DOM
-
2026-08-22days on market $265,000 Active 103 DOM
-
2026-08-21days on market $265,000 Active 102 DOM
-
2026-08-20days on market $265,000 Active 101 DOM
-
2026-08-19days on market $265,000 Active 100 DOM
-
2026-08-18days on market $265,000 Active 99 DOM
-
2026-08-17days on market $265,000 Active 98 DOM
-
2026-08-16days on market $265,000 Active 97 DOM
-
2026-08-15days on market $265,000 Active 96 DOM
-
2026-08-14days on market $265,000 Active 95 DOM
-
2026-08-13days on market $265,000 Active 94 DOM
-
2026-08-12days on market $265,000 Active 93 DOM
-
2026-08-11days on market $265,000 Active 92 DOM
-
2026-08-10price $265,000 Active 91 DOM
-
2026-08-10days on market $275,000 Active 91 DOM
-
2026-08-09days on market $275,000 Active 90 DOM
-
2026-08-08days on market $275,000 Active 89 DOM
-
2026-08-06days on market $275,000 Active 87 DOM
-
2026-08-05days on market $275,000 Active 86 DOM
-
2026-08-04days on market $275,000 Active 85 DOM
-
2026-08-03days on market $275,000 Active 84 DOM
-
2026-07-31days on market $275,000 Active 81 DOM
-
2026-07-30days on market $275,000 Active 79 DOM
-
2026-07-28days on market $275,000 Active 78 DOM
-
2026-07-26days on market $275,000 Active 76 DOM
-
2026-07-24days on market $275,000 Active 74 DOM
-
2026-07-23days on market $275,000 Active 73 DOM
-
2026-07-22days on market $275,000 Active 72 DOM
-
2026-07-21days on market $275,000 Active 71 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $6,647 · $554/mo
- Projected year-2 tax
- $6,647 · $554/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 (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 8/10 Severe 7 d/yr ≥110°F today · 24 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 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
- $27,634
- − Mortgage interest
- −$14,844
- − Property taxes
- −$6,647
- − Insurance
- −$1,325
- − Repairs & maintenance
- −$2,211
- − Management
- −$2,211
- − HOA
- −$576
- − Depreciation
- −$7,709
- Taxable loss
- −$7,888
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$1,893
- After-tax cash flow
- $-1,500/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 · 12 photos
80/100
Cosmetic rehab
Est. rehab $8,945–$26,835 screening
This charming 4-bedroom, 2-bathroom home in Josephine, TX, is in excellent condition with recent updates and a well-maintained exterior. It offers a good return on investment with updates that can further enhance its resale and rental value.
Value-add opportunities
- Both landscaping — enhances curb appeal and adds value ↑
- Both ceiling fans — improves comfort and energy efficiency ↑
- Both smart home integration — enhances convenience and adds modern appeal ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 32/100
Zoned Schools
Elementary
Mcclendon El
F
TX #2,268/4,322
Nat'l #24,950/41,679
Middle
Leland E Edge Middle
F
TX #1,056/1,662
Nat'l #8,861/14,009
High
Community H S
F
TX #941/1,632
Nat'l #9,497/17,239
Schools (NCES district)
- District
- Community ISD
- NCES district ID
- 4814850
- Math proficiency
- 30% ▼ -23.00%
- Reading proficiency
- 38% ▼ -11.00%
- Median HH income
- $71,841
- Composite
- 31.58/100
- National rank
- #5951
- State rank
- #479 of 826 in TX
C
Composite livability gradescore 60/100
Livability — Josephine
- Score
- 60/100
- State rank
- #1076
- US rank
- #19105
Category grades
Amenities F
Commute F
Cost of living A+
Crime A-
Employment B
Housing A+
Health & safety F
User ratings C-
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Rockwall County · 1,210,074 people
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 48,739
- Household income
- $117,125
- Rent vs Own
- Severe rent burden
- 22% of renters
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 0.57)
- Race & ethnicity
- White 60% Hispanic / Latino 25% Two or more races 12% Black 10% Asian 2%
- Hispanic origin (detail)
- Mexican 20%
- Common ancestry
- Slovak 2% Serbian 1% Lithuanian 1%
- Foreign-born
- 10% · Canada, Philippines, Jamaica
- Languages at home
- 80% English-only · Spanish 15% Other Indo-European 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
- ▼ -71.10%
- Current HPI
- 212.8422
- Rent YoY
- ▼ -1.13%
- 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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Price history
-1.8% since first listed5 events — show timeline
- 2026-05-25 Price Changed $279,925 NTREIS
- 2026-05-11 Listed $280,000 NTREIS
- 2025-11-14 Listing Removed — NTREIS
- 2025-08-24 Price Changed $279,995 NTREIS
- 2025-07-14 Listed $285,000 NTREIS
Property tax history
+63.7%/yrLatest (2025): $6,647 · +7.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…