304 Arbor Dr · Wylie, TX
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- 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 +15.4/30.0
- ARV discount +13.6/15.0
- DSCR +4.7/10.0
- 1% rule +4.5/10.0
- Schools +4.2/10.0
- Condition / age +3.8/5.0
- Livability +3.5/5.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$202,990
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Introducing the Santiago, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! With 2 farmhouse elevations to choose from, the Santiago is sure to turn heads. Inside this 3-bedroom, 2.5-bathroom home, you'll find 1,382 square feet of open concept living. Your kitchen, living, and dining areas blend seamlessly into a space perfect for everyday living and entertaining. The kitchen features quality cabinets with hidden hinges and crown molding, hard surface countertops, kitchen island and stainless-steel range and dishwasher, which are sure to make meal prep easy. You'll never be too far from the action with the living and dining area right there. In every bedroom you'll have carpeted floors and a closet in each room. The primary bedroom has its own attached bathroom that features a walk-in closet and all the space you need to get ready in the morning. Enjoy bedrooms upstairs with a large shower in your main bedroom ensuite. Contact us today and find your home at Arbor Trails! Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Call for details.
Key facts
- 6,050 sq ft lot
- Garage
- Built 2026
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath single-family listed at $203k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $77 ($921/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $193k (5.1% below list).
- Recommended offer: $179k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.7% 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; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 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 $1k of loan paydown is wiped out by about $6k 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 145 days — a 12% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $18k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Questions for the listing agent
- It's been on market 145 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- 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 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
- 0.95% ✗
- Cap rate
- 6.75%
- Cash-on-cash
- 1.62%
- DSCR
- 1.07
- GRM
- 8.8
CMA / ARV
- ARV (median comp)
- $234,990
- List price
- $202,990
- Delta
- -13.62%
- 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 |
|---|---|---|---|---|---|---|---|
| 303 Tall Cedar Way | 0.02mi | 3/2.5 | 1,382 (0%) | 3mo | $228,490 | $165 | 96 |
| 204 Redwood Rd | 0.09mi | 3/2.5 | 1,489 (+8%) | 1mo | $237,990 | $160 | 82 |
| 123 Arbor Dr | 0.11mi | 3/2.5 | 1,485 (+8%) | 2mo | $243,990 | $164 | 81 |
| 403 Shearwater Ave | 0.51mi | 3/2.0 | 1,402 (+1%) | 1mo | $253,674 | $181 | 71 |
| 6508 Glade St | 0.55mi | 3/2.0 | 1,402 (+1%) | 1mo | $222,999 | $159 | 69 |
| 6414 Willet Rd | 0.58mi | 3/2.0 | 1,402 (+1%) | 1mo | $252,999 | $180 | 68 |
| 6412 Longspur Ln | 0.61mi | 3/2.0 | 1,402 (+1%) | 0mo | $222,999 | $159 | 67 |
| 416 Sandhill Crane Ln | 0.62mi | 3/2.0 | 1,402 (+1%) | 0mo | $221,999 | $158 | 66 |
| 6503 Glade St | 0.55mi | 3/2.0 | 1,411 (+2%) | 3mo | $213,999 | $152 | 66 |
| 6728 Teal Cir | 0.38mi | 3/2.0 | 1,268 (-8%) | 0mo | $239,999 | $189 | 66 |
| 6413 Longspur Ln | 0.59mi | 3/2.0 | 1,411 (+2%) | 1mo | $215,000 | $152 | 66 |
| 6507 Glade St | 0.54mi | 3/2.0 | 1,266 (-8%) | 2mo | $209,999 | $166 | 57 |
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
- -17.2%
- Equity multiple
- 0.41×
- Total profit
- $-33,593
- Equity at exit
- $30,266
- IRR
- -16.3%
- Equity multiple
- 0.22×
- Total profit
- $-44,546
- Equity at exit
- $17,551
Cash invested: $56,837 (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
- 8.8×
Monthly cashflow live
- Estimated rent
- $1,926 high interval (Pro) →
- Mortgage (P&I)
- −$1,065
- Tax est. 1.5%
- −$254 /mo · $3,045/yr
- Insurance
- −$85
- HOA
- −$42
- Vacancy / Maint / Mgmt
- −$404
- Net cashflow
- $77
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
- $50,748
- Closing costs
- $6,090
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 321 Tall Cedar Way Princeton, TX | 3.0 | 3.0 | 1468 | $1,725 | $1.18 | 43d | 1 | 0.04mi |
| 7007 Cottonseed Dr Princeton, TX | 4.0 | 2.5 | 1720 | $1,995 | $1.16 | 7d | 1 | 0.05mi |
| 7007 Cottonseed Dr Princeton, TX | 4.0 | 2.5 | 1720 | $1,995 | $1.16 | 10d | 1 | 0.05mi |
| 7012 Cottonseed Dr Princeton, TX | 4.0 | 2.5 | 1800 | $1,878 | $1.04 | 20d | 1 | 0.08mi |
| 204 Tall Cedar Way Princeton, TX | 2.0 | 2.5 | 1130 | $1,490 | $1.32 | 43d | 1 | 0.09mi |
| 7016 Vining Dr Princeton, TX | 4.0 | 2.5 | 1648 | $2,000 | $1.21 | 43d | 1 | 0.11mi |
| 422 Tall Cedar Way Princeton, TX | 4.0 | 3.0 | 1648 | $1,795 | $1.09 | 43d | 1 | 0.11mi |
| 7020 Vining DR Princeton, TX | 3.0 | 2.5 | 1382 | $1,850 | $1.34 | 24d | 1 | 0.13mi |
| 120 Redwood Rd Princeton, TX | 4.0 | 2.5 | 1720 | $2,300 | $1.34 | 1d | 1 | 0.14mi |
| 6808 Sunbeam Cir Princeton, TX | 3.0 | 2.0 | 1155 | $1,534 | $1.33 | 22d | 1 | 0.14mi |
| 151 Sesame Ln Princeton, TX | 4.0 | 2.0 | 1299 | $1,634 | $1.26 | 24d | 1 | 0.15mi |
| 316 Arbor DR Princeton, TX | 4.0 | 2.5 | 1648 | $1,799 | $1.09 | 24d | 1 | 0.17mi |
| 213 Arbor DR Princeton, TX | 4.0 | 2.5 | 1720 | $2,000 | $1.16 | 43d | 1 | 0.17mi |
| 213 Arbor DR Princeton, TX | 4.0 | 2.5 | 1720 | $1,800 | $1.05 | 2d | 1 | 0.17mi |
| 252 Jethro Ln Princeton, TX | 4.0 | 2.0 | 1300 | $1,595 | $1.23 | 43d | 1 | 0.18mi |
| 145 Jethro Ln Princeton, TX | 3.0 | 2.0 | 1033 | $1,499 | $1.45 | 24d | 1 | 0.19mi |
| 6751 Highlands St Princeton, TX | 3.0 | 2.0 | 1411 | $1,639 | $1.16 | 16d | 1 | 0.20mi |
| 230 Sunflower St Princeton, TX | 4.0 | 2.0 | 1300 | $1,560 | $1.20 | 24d | 1 | 0.23mi |
| 206 Sunflower St Princeton, TX | 3.0 | 2.0 | 1155 | $1,475 | $1.28 | 20d | 1 | 0.24mi |
| 241 Thresher Ln Princeton, TX | 4.0 | 2.0 | 1295 | $1,850 | $1.43 | 24d | 1 | 0.25mi |
| 119 Sunflower St Princeton, TX | 4.0 | 2.0 | 1300 | $1,999 | $1.54 | 12d | 1 | 0.25mi |
| 150 Sunflower St Princeton, TX | 3.0 | 2.0 | 1017 | $1,899 | $1.87 | 5d | 1 | 0.25mi |
| 101 County Road 1010 Unit 1010 Princeton, TX | 3.0 | 2.0 | 1860 | $2,295 | $1.23 | 43d | 1 | 0.26mi |
| 6739 Coulter Dr Princeton, TX | 3.0 | 2.0 | 1155 | $1,500 | $1.30 | 43d | 1 | 0.29mi |
| 152 Thresher Ln Princeton, TX | 4.0 | 2.0 | 1300 | $1,750 | $1.35 | 12d | 1 | 0.30mi |
| 6723 Coulter Dr Princeton, TX | 3.0 | 2.0 | 1018 | $1,500 | $1.47 | 43d | 1 | 0.30mi |
| 211 Herman Ln Princeton, TX | 4.0 | 2.0 | 1295 | $1,595 | $1.23 | 43d | 1 | 0.31mi |
| 6744 Teal Cir Princeton, TX | 3.0 | 2.0 | 1474 | $1,790 | $1.21 | 20d | 1 | 0.35mi |
| 639 Montclair Ave , TX | 4.0 | 2.0 | 1707 | $2,100 | $1.23 | 43d | 1 | 0.36mi |
| 639 Montclair Ave , TX | 4.0 | 2.0 | 1707 | $1,850 | $1.08 | 7d | 1 | 0.36mi |
| 619 Fisher Ln Princeton, TX | 3.0 | 2.0 | 1260 | $1,600 | $1.27 | 43d | 1 | 0.36mi |
| 6561 Alfalfa St Princeton, TX | 3.0 | 2.0 | 1436 | $1,599 | $1.11 | 43d | 1 | 0.37mi |
| 6550 August Dr Princeton, TX | 3.0 | 2.0 | 1407 | $1,695 | $1.20 | 3d | 1 | 0.39mi |
| 538 Montclair Ave Princeton, TX | 3.0 | 2.0 | 1260 | $1,775 | $1.41 | 10d | 1 | 0.40mi |
| 545 Holleman Dr Princeton, TX | 3.0 | 2.0 | 1474 | $1,750 | $1.19 | 43d | 1 | 0.42mi |
| 6533 Middlebury Dr Princeton, TX | 4.0 | 2.0 | 1598 | $1,900 | $1.19 | 4d | 1 | 0.45mi |
| 427 Bower DR Princeton, TX | 4.0 | 2.0 | 1600 | $1,850 | $1.16 | 24d | 1 | 0.46mi |
| 613 Holleman Dr , TX | 3.0 | 2.0 | 1260 | $2,000 | $1.59 | 24d | 1 | 0.46mi |
| 416 Finch CIR Princeton, TX | 3.0 | 2.0 | 1266 | $1,350 | $1.07 | 43d | 1 | 0.48mi |
| 214 Wheatgrass Ln Princeton, TX | 3.0 | 2.0 | 1407 | $1,699 | $1.21 | 43d | 1 | 0.50mi |
HOA detail
- Monthly dues
- $42 · $504/yr
Listing history 17 events
-
2026-06-08statusdays on market $202,990 Pending 145 DOM
-
2026-06-07days on market $202,990 Active 144 DOM
-
2026-06-04days on market $202,990 Active 141 DOM
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2026-06-03days on market $202,990 Active 140 DOM
-
2026-06-02days on market $202,990 Active 139 DOM
-
2026-06-01days on market $202,990 Active 138 DOM
-
2026-05-31days on market $202,990 Active 137 DOM
-
2026-05-16price $212,990 1306-char remark
Show marketing remark (1306 chars)
Introducing the Santiago, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! With 2 farmhouse elevations to choose from, the Santiago is sure to turn heads. Inside this 3-bedroom, 2.5-bathroom home, you'll find 1,382 square feet of open concept living. Your kitchen, living, and dining areas blend seamlessly into a space perfect for everyday living and entertaining. The kitchen features quality cabinets with hidden hinges and crown molding, hard surface countertops, kitchen island and stainless-steel range and dishwasher, which are sure to make meal prep easy. You'll never be too far from the action with the living and dining area right there. In every bedroom you'll have carpeted floors and a closet in each room. The primary bedroom has its own attached bathroom that features a walk-in closet and all the space you need to get ready in the morning. Enjoy bedrooms upstairs with a large shower in your main bedroom ensuite. Contact us today and find your home at Arbor Trails! Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Call for details.
-
2026-05-13price $217,990 1306-char remark
Show marketing remark (1306 chars)
Introducing the Santiago, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! With 2 farmhouse elevations to choose from, the Santiago is sure to turn heads. Inside this 3-bedroom, 2.5-bathroom home, you'll find 1,382 square feet of open concept living. Your kitchen, living, and dining areas blend seamlessly into a space perfect for everyday living and entertaining. The kitchen features quality cabinets with hidden hinges and crown molding, hard surface countertops, kitchen island and stainless-steel range and dishwasher, which are sure to make meal prep easy. You'll never be too far from the action with the living and dining area right there. In every bedroom you'll have carpeted floors and a closet in each room. The primary bedroom has its own attached bathroom that features a walk-in closet and all the space you need to get ready in the morning. Enjoy bedrooms upstairs with a large shower in your main bedroom ensuite. Contact us today and find your home at Arbor Trails! Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Call for details.
-
2026-05-06price $217,990 348-char remark
Show marketing remark (348 chars)
New homes in Princeton, TX! Welcome to Arbor Trails South! This gorgeous new Express home community is located in Collin County Branch Princeton area off CR 982. Here at DR Horton, your new home builder, we offer 9 different plans in Arbor Trails South ranging from a 2 bed 2.5 bath 1 car 1,101 sq ft to a 4 bed 2.5 bath 2 car that's 2,054 sq ft.
-
2026-05-02price $212,990 1306-char remark
Show marketing remark (1306 chars)
Introducing the Santiago, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! With 2 farmhouse elevations to choose from, the Santiago is sure to turn heads. Inside this 3-bedroom, 2.5-bathroom home, you'll find 1,382 square feet of open concept living. Your kitchen, living, and dining areas blend seamlessly into a space perfect for everyday living and entertaining. The kitchen features quality cabinets with hidden hinges and crown molding, hard surface countertops, kitchen island and stainless-steel range and dishwasher, which are sure to make meal prep easy. You'll never be too far from the action with the living and dining area right there. In every bedroom you'll have carpeted floors and a closet in each room. The primary bedroom has its own attached bathroom that features a walk-in closet and all the space you need to get ready in the morning. Enjoy bedrooms upstairs with a large shower in your main bedroom ensuite. Contact us today and find your home at Arbor Trails! Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Call for details.
-
2026-04-04price $222,990 1306-char remark
Show marketing remark (1306 chars)
Introducing the Santiago, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! With 2 farmhouse elevations to choose from, the Santiago is sure to turn heads. Inside this 3-bedroom, 2.5-bathroom home, you'll find 1,382 square feet of open concept living. Your kitchen, living, and dining areas blend seamlessly into a space perfect for everyday living and entertaining. The kitchen features quality cabinets with hidden hinges and crown molding, hard surface countertops, kitchen island and stainless-steel range and dishwasher, which are sure to make meal prep easy. You'll never be too far from the action with the living and dining area right there. In every bedroom you'll have carpeted floors and a closet in each room. The primary bedroom has its own attached bathroom that features a walk-in closet and all the space you need to get ready in the morning. Enjoy bedrooms upstairs with a large shower in your main bedroom ensuite. Contact us today and find your home at Arbor Trails! Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Call for details.
-
2026-02-03price $227,990 348-char remark
Show marketing remark (1306 chars)
Introducing the Santiago, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! With 2 farmhouse elevations to choose from, the Santiago is sure to turn heads. Inside this 3-bedroom, 2.5-bathroom home, you'll find 1,382 square feet of open concept living. Your kitchen, living, and dining areas blend seamlessly into a space perfect for everyday living and entertaining. The kitchen features quality cabinets with hidden hinges and crown molding, hard surface countertops, kitchen island and stainless-steel range and dishwasher, which are sure to make meal prep easy. You'll never be too far from the action with the living and dining area right there. In every bedroom you'll have carpeted floors and a closet in each room. The primary bedroom has its own attached bathroom that features a walk-in closet and all the space you need to get ready in the morning. Enjoy bedrooms upstairs with a large shower in your main bedroom ensuite. Contact us today and find your home at Arbor Trails! Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Call for details.
-
2026-02-03price $227,990 1306-char remark
Show marketing remark (1306 chars)
Introducing the Santiago, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! With 2 farmhouse elevations to choose from, the Santiago is sure to turn heads. Inside this 3-bedroom, 2.5-bathroom home, you'll find 1,382 square feet of open concept living. Your kitchen, living, and dining areas blend seamlessly into a space perfect for everyday living and entertaining. The kitchen features quality cabinets with hidden hinges and crown molding, hard surface countertops, kitchen island and stainless-steel range and dishwasher, which are sure to make meal prep easy. You'll never be too far from the action with the living and dining area right there. In every bedroom you'll have carpeted floors and a closet in each room. The primary bedroom has its own attached bathroom that features a walk-in closet and all the space you need to get ready in the morning. Enjoy bedrooms upstairs with a large shower in your main bedroom ensuite. Contact us today and find your home at Arbor Trails! Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Call for details.
-
2026-01-22price $225,990 348-char remark
Show marketing remark (348 chars)
New homes in Princeton, TX! Welcome to Arbor Trails South! This gorgeous new Express home community is located in Collin County Branch Princeton area off CR 982. Here at DR Horton, your new home builder, we offer 9 different plans in Arbor Trails South ranging from a 2 bed 2.5 bath 1 car 1,101 sq ft to a 4 bed 2.5 bath 2 car that's 2,054 sq ft.
-
2026-01-14$220,990 Active 348-char remark
Show marketing remark (348 chars)
New homes in Princeton, TX! Welcome to Arbor Trails South! This gorgeous new Express home community is located in Collin County Branch Princeton area off CR 982. Here at DR Horton, your new home builder, we offer 9 different plans in Arbor Trails South ranging from a 2 bed 2.5 bath 1 car 1,101 sq ft to a 4 bed 2.5 bath 2 car that's 2,054 sq ft.
-
2026-01-13$220,990 Active 1306-char remark
Show marketing remark (1306 chars)
Introducing the Santiago, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! With 2 farmhouse elevations to choose from, the Santiago is sure to turn heads. Inside this 3-bedroom, 2.5-bathroom home, you'll find 1,382 square feet of open concept living. Your kitchen, living, and dining areas blend seamlessly into a space perfect for everyday living and entertaining. The kitchen features quality cabinets with hidden hinges and crown molding, hard surface countertops, kitchen island and stainless-steel range and dishwasher, which are sure to make meal prep easy. You'll never be too far from the action with the living and dining area right there. In every bedroom you'll have carpeted floors and a closet in each room. The primary bedroom has its own attached bathroom that features a walk-in closet and all the space you need to get ready in the morning. Enjoy bedrooms upstairs with a large shower in your main bedroom ensuite. Contact us today and find your home at Arbor Trails! Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Call for details.
ⓘ 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
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $23,113
- − Mortgage interest
- −$11,371
- − Property taxes
- −$3,045
- − Insurance
- −$1,015
- − Repairs & maintenance
- −$1,849
- − Management
- −$1,849
- − HOA
- −$504
- − Depreciation
- −$5,905
- Taxable loss
- −$2,425
- Est. tax savings @ 24.0%
- +$582
- After-tax cash flow
- $1,503/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
This home is in good condition with modern finishes and a good layout. It has potential for further value increases through minor cosmetic upgrades and landscaping.
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
- Both Replacing the carpet with hardwood flooring in the bedrooms — Hardwood flooring is more durable and can increase both resale and rental value.
- Both Upgrading the kitchen appliances to more modern models — Modern appliances can attract more buyers and renters and increase the home's value.
- Both Adding a smart home system — Smart home features can increase the home's appeal and value to tech-savvy buyers and renters.
- Both Landscaping the front yard — A well-maintained front yard can enhance curb appeal and attract more buyers and renters.
Renovation cost estimate screening
Value-add ROI direction
- Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
- Both Replacing the carpet with hardwood flooring in the bedrooms — Hardwood flooring is more durable and can increase both resale and rental value. ↑
- Both Upgrading the kitchen appliances to more modern models — Modern appliances can attract more buyers and renters and increase the home's value. ↑
- Both Adding a smart home system — Smart home features can increase the home's appeal and value to tech-savvy buyers and renters. ↑
- Both Landscaping the front yard — A well-maintained front yard can enhance curb appeal and attract more buyers and renters. ↑
ⓘ 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
- 69,325
- 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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Price history
-3.6% since first listed10 events — show timeline
- 2026-05-16 Price Changed $212,990 Zillow
- 2026-05-13 Price Changed $217,990 Zillow
- 2026-05-06 Price Changed $217,990 NTREIS
- 2026-05-02 Price Changed $212,990 Zillow
- 2026-04-04 Price Changed $222,990 Zillow
- 2026-02-03 Price Changed $227,990 NTREIS
- 2026-02-03 Price Changed $227,990 Zillow
- 2026-01-22 Price Changed $225,990 NTREIS
- 2026-01-14 Listed $220,990 NTREIS
- 2026-01-13 Listed $220,990 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…