5591 County Road 920 · Wylie, TX 75173

$175,000

1 bd · 1.5 ba · 504 sqft · SingleFamily public records · 87 Days on market

Built 2019 9,670 sqft lot $347/sqft · 42% above area Est $156k · 12% over

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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).

• Cash flow +13.7/30.0
• Appreciation +10.0/10.0
• DSCR +4.1/10.0
• Livability +3.5/5.0
• Schools +3.2/10.0
• 1% rule +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +2.1/15.0

Listing remarks MLS

Unique Opportunity on a Rare Double Lot with Expansion Potential! Tucked away in a private, quiet setting, this cozy retreat offers the perfect blend of peaceful living and smart design. Enjoy relaxing mornings on the covered porch overlooking the spacious property. Inside, the open-concept floor plan is thoughtfully designed to maximize every inch and was remodeled in 2023, featuring a bright and inviting living space, a dedicated office, and a private bedroom with an ensuite bath. An additional half bath adds convenience for guests. The roof is approximately 3 years old, offering added peace of mind. The oversized double lot offers incredible flexibility, including RV hookups and the opportunity to add a second residence, whether a mobile home, tiny home, or guest house, making it ideal for multi-generational living, rental income, or future expansion. Outside, you’ll find a carport, a partially fenced yard with a dog run, and a storage building, providing both functionality and room to grow. Whether you're looking for a serene getaway, an income-producing opportunity, or a property with future potential, this unique home is full of charm and possibilities.

Key facts

• 9,670 sq ft lot
• Parking
• Built 2019

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $12 ($145/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 $135k (22.9% below list).
• Recommended offer: $135k (22.9% below list) — sets the bar for 1% rule.
• Cap rate 6.4% 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.
• 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: 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 53% FRL vs 36% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 421 active listings in the ZIP; 19,194 units permitted in Collin County in 2024 (3,988 in 5+ unit buildings).

Forward outlook

• In year one you build about $19k of equity ($1k loan paydown + $18k appreciation (10.0% local appreciation)).
• Collin County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $49k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 87 days — a 6% lower offer ($164k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $134,942 (22.9% below list)

Questions for the listing agent

1. It's been on market 87 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.77% ✗
• Cap rate: 6.38%
• Cash-on-cash: 0.30%
• DSCR: 1.01
• GRM: 10.8

CMA / ARV

• ARV (median comp): $156,364
• List price: $175,000
• Delta: 27.84%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 24.5%
• Equity multiple: 2.96×
• Total profit: $96,007
• Equity at exit: $157,654

10-year hold

• IRR: 21.6%
• Equity multiple: 6.75×
• Total profit: $281,967
• Equity at exit: $339,987

Cash invested: $49,000 (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.

Methodology + full state rankings →

ZIP-level market 75173

• Home prices YoY: 3.1%
• Active inventory: 421
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,349 medium
• Mortgage (P&I): −$918
• Tax from tax record: −$63 /mo · $759/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $12

Break-even live

Break-even rent $1,334

Max offer price $175,000

Occupancy floor 94%

Sensitivity live

Price	-10% $111	-5% $62	+0% $12	+5% $-37	+10% $-87
Rent	-10% $-94	-5% $-41	+0% $12	+5% $65	+10% $119
Rate	-1.0pp $100	-0.5pp $57	base $12	+0.5pp $-33	+1.0pp $-79

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-21
   pricedays on market $175,000 Active 87 DOM
2. 2026-06-18
   days on market $199,900 Active 84 DOM
3. 2026-06-17
   days on market $199,900 Active 83 DOM
4. 2026-06-16
   days on market $199,900 Active 82 DOM
5. 2026-06-15
   days on market $199,900 Active 81 DOM
6. 2026-06-13
   days on market $199,900 Active 79 DOM
7. 2026-06-13
   days on market $199,900 Active 78 DOM
8. 2026-06-09
   days on market $199,900 Active 75 DOM
9. 2026-06-08
   days on market $199,900 Active 74 DOM
10. 2026-06-07
    days on market $199,900 Active 73 DOM
11. 2026-06-04
    days on market $199,900 Active 70 DOM
12. 2026-06-03
    days on market $199,900 Active 69 DOM
13. 2026-06-02
    days on market $199,900 Active 68 DOM
14. 2026-06-01
    days on market $199,900 Active 67 DOM
15. 2026-05-31
    days on market $199,900 Active 66 DOM
16. 2026-03-26
    listed $199,900 Active 1188-char remark

    Show marketing remark (1188 chars)

    Unique Opportunity on a Rare Double Lot with Expansion Potential! Tucked away in a private, quiet setting, this cozy retreat offers the perfect blend of peaceful living and smart design. Enjoy relaxing mornings on the covered porch overlooking the spacious property. Inside, the open-concept floor plan is thoughtfully designed to maximize every inch and was remodeled in 2023, featuring a bright and inviting living space, a dedicated office, and a private bedroom with an ensuite bath. An additional half bath adds convenience for guests. The roof is approximately 3 years old, offering added peace of mind. The oversized double lot offers incredible flexibility, including RV hookups and the opportunity to add a second residence, whether a mobile home, tiny home, or guest house, making it ideal for multi-generational living, rental income, or future expansion. Outside, you’ll find a carport, a partially fenced yard with a dog run, and a storage building, providing both functionality and room to grow. Whether you're looking for a serene getaway, an income-producing opportunity, or a property with future potential, this unique home is full of charm and possibilities.

ⓘ 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: $759 · $63/mo
• Projected year-2 tax: $3,202 · $267/mo
• Expected delta: +$2,443/yr (+$204/mo · 321.7%)

ⓘ 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 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,193
• − Mortgage interest: −$9,803
• − Property taxes: −$759
• − Insurance: −$875
• − Repairs & maintenance: −$1,295
• − Management: −$1,295
• − Depreciation: −$5,091
• Taxable loss: −$2,926
• Est. tax savings @ 24.0%: +$702
• After-tax cash flow: $848/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: 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

Livability — Wylie

• Score: 69/100
• State rank: #419
• US rank: #8623

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 69,325
• Population (ZIP): 9,284

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: Majority White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 28% Two or more races 15% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 26%
• Common ancestry: Slovak 2% Serbian 1% Iranian 1%
• Foreign-born: 17% · Canada, Jamaica
• Languages at home: 74% English-only · Spanish 24% Arabic 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: ▲ 10.09%
• Current HPI: 331.12
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

1 event — show timeline

• 2026-03-26 Listed $199,900 NTREIS

Property tax history

+10.9%/yr

Latest (2025): $759 · +16.2% YoY. Source: county tax records.