Anatolia Plan · Princeton, TX 75407

$113,995

3 bd · 2.0 ba · 1,568 sqft · Manufactured · 99 Days on market

Good condition

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Why this score? — see what drove the F 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 +7.5/15.0
• Cash flow +5.6/30.0
• Schools +4.2/10.0
• Condition / age +4.0/5.0
• Livability +3.1/5.0
• Rent growth +2.2/5.0
• 1% rule +1.1/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful open-concept home with an island kitchen and split-bedroom layout in Princeton's newest amenity-rich community, thoughtfully upgraded with Samsung appliances, Shaw carpeting, an Ecobee smart thermostat, and a hybrid heat pump water heater.

Key facts

• Split-bedroom layout
• Shaw carpeting
• Samsung appliances

Tags

• ISLAND KITCHEN
• SPLIT-BEDROOM LAYOUT
• SAMSUNG APPLIANCES
• SHAW CARPETING
• ECOBEE SMART THERMOSTAT
• HYBRID HEAT PUMP WATER HEATER

🏗️ New construction. The $113,995 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $342,391.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $114k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-715 ($-9k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $114k).
• Recommended offer: $104k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#969 in TX) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, cost of living A; Watch: schools C-, amenities F, commute 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); 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 $2k of loan paydown is wiped out by about $10k 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 99 days — a 9% lower offer ($104k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 4.5% of price.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $103,735 (9.0% 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 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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?
7. 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.
8. 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.
9. 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: 0.61% ✗
• Cap rate: 3.79%
• Cash-on-cash: -8.95%
• DSCR: 0.60
• GRM: 13.6

CMA / ARV

• ARV (median comp): $342,391
• List price: $113,995
• Delta: -66.71%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -35.5%
• Equity multiple: -0.12×
• Total profit: $-107,102
• Equity at exit: $51,052

10-year hold

• IRR: -70.5%
• Equity multiple: -0.83×
• Total profit: $-175,431
• Equity at exit: $29,604

Cash invested: $95,870 (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 75407

• Home prices YoY: -30.3%
• Rents YoY: -1.0%
• Active inventory: 1404
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $2,090 high
• Mortgage (P&I): −$1,796
• Tax est. 1.5%: −$428 /mo · $5,136/yr
• Insurance: −$143
• HOA: −$0
• Vacancy / Maint / Mgmt: −$439
• Net cashflow: $-715

Break-even live

Break-even rent $2,995

Max offer price $238,959

Occupancy floor —

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: $85,598
• Closing costs: $10,272
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1605 Fox DR Princeton, TX	3.0	2.0	1435	$2,208	$1.54	1d	11	0.02mi
514 Virginia Way Princeton, TX	4.0	2.0	1980	$2,200	$1.11	4d	1	0.25mi
512 Virginia Way Princeton, TX	3.0	2.5	2133	$2,150	$1.01	24d	1	0.25mi
625 Delaware Ave Princeton, TX	3.0	2.5	1920	$2,000	$1.04	2d	1	0.26mi
508 Virginia Way Princeton, TX	4.0	2.0	1900	$2,200	$1.16	12d	1	0.27mi
617 Delaware Ave Princeton, TX	3.0	2.0	1407	$1,749	$1.24	5d	1	0.28mi
622 Delaware Ave Princeton, TX	3.0	2.5	1633	$1,850	$1.13	22d	1	0.28mi
1414 Windermere Way Princeton, TX	3.0	2.5	1635	$1,995	$1.22	20d	1	0.29mi
613 Delaware Ave Princeton, TX	3.0	2.5	1920	$1,950	$1.02	24d	1	0.29mi
1805 Washington St Princeton, TX	3.0	2.0	1437	$1,775	$1.24	43d	1	0.31mi
1104 Witherspoon Ln Princeton, TX	4.0	3.0	1845	$2,200	$1.19	43d	1	0.31mi
619 Colgate Cir Princeton, TX	4.0	2.5	2182	$2,295	$1.05	43d	1	0.31mi
1710 Washington St Princeton, TX	3.0	2.0	1437	$1,770	$1.23	1d	1	0.32mi
1421 Butler Ave Princeton, TX	3.0	2.5	2225	$1,999	$0.90	24d	1	0.32mi
603 Delaware Ave Princeton, TX	3.0	2.5	1633	$1,897	$1.16	5d	1	0.32mi
1802 Washington St Princeton, TX	3.0	2.5	1920	$1,950	$1.02	24d	1	0.33mi
804 Princeton Hts Princeton, TX	3.0	2.5	2232	$2,225	$1.00	5d	1	0.33mi
604 Princeton Hts Princeton, TX	3.0–5.0	2.0–2.5	1882	$2,045	$1.09	1d	1	0.33mi
611 Colgate Cir Princeton, TX	3.0	2.5	1920	$2,500	$1.30	43d	1	0.33mi
718 Declaration Dr Princeton, TX	4.0	2.0	1991	$2,195	$1.10	43d	1	0.35mi
907 Princeton Hts Princeton, TX	3.0	2.5	1627	$1,995	$1.23	24d	1	0.39mi
1709 Chapel Hill Rd Princeton, TX	3.0	2.5	1633	$1,695	$1.04	43d	1	0.39mi
1106 Princeton Hts Princeton, TX	3.0	2.0	1399	$1,795	$1.28	1d	1	0.40mi
1818 Marquette Dr Princeton, TX	3.0	2.5	1633	$1,800	$1.10	43d	1	0.40mi
1809 Chapel Hill Rd Princeton, TX	4.0	2.5	2121	$2,100	$0.99	4d	1	0.41mi
1702 Chapel Hill Rd Princeton, TX	4.0	2.5	2121	$1,995	$0.94	7d	1	0.41mi
1708 Chapel Hill Rd Princeton, TX	3.0	2.5	1826	$1,850	$1.01	3d	1	0.41mi
1819 Chapel Hill Rd Princeton, TX	3.0	2.0	1437	$1,700	$1.18	43d	1	0.42mi
1901 Chapel Hill Rd Princeton, TX	3.0	2.5	1605	$1,750	$1.09	18d	1	0.43mi
410 Forest St Princeton, TX	3.0	2.0	1412	$1,800	$1.27	7d	1	0.45mi
1906 Chapel Hill Rd Princeton, TX	3.0	2.5	1633	$1,995	$1.22	43d	1	0.46mi
1211 Princeton Hts Princeton, TX	3.0	2.0	1401	$1,770	$1.26	17d	1	0.46mi
1211 Princeton Hts Princeton, TX	3.0	2.0	1401	$1,995	$1.42	43d	1	0.46mi
1210 Bullock Dr Princeton, TX	3.0	3.0	1627	$1,850	$1.14	43d	1	0.48mi
1215 Bullock Dr Princeton, TX	4.0	2.5	1836	$2,095	$1.14	43d	1	0.51mi
1206 Dye Blvd Princeton, TX	4.0	6.0	1845	$2,199	$1.19	43d	1	0.52mi
1658 Palladio Loop Unit 1658 Princeton, TX	3.0	3.5	1994	$1,950	$0.98	20d	1	0.53mi
2117 Revere Dr Princeton, TX	3.0	2.5	1633	$2,050	$1.26	43d	1	0.54mi
1008 N 4th St Princeton, TX	3.0	2.0	1245	$1,776	$1.43	5d	1	0.55mi
1001 Weiss Ave Princeton, TX	3.0	2.0	1209	$1,595	$1.32	43d	1	0.55mi

Listing history 15 events

1. 2026-06-18
   days on market $113,995 Active 99 DOM
2. 2026-06-17
   days on market $113,995 Active 98 DOM
3. 2026-06-16
   days on market $113,995 Active 97 DOM
4. 2026-06-15
   days on market $113,995 Active 96 DOM
5. 2026-06-13
   days on market $113,995 Active 94 DOM
6. 2026-06-13
   days on market $113,995 Active 93 DOM
7. 2026-06-09
   days on market $113,995 Active 90 DOM
8. 2026-06-08
   days on market $113,995 Active 89 DOM
9. 2026-06-07
   days on market $113,995 Active 88 DOM
10. 2026-06-04
    days on market $113,995 Active 85 DOM
11. 2026-06-03
    days on market $113,995 Active 84 DOM
12. 2026-06-02
    days on market $113,995 Active 83 DOM
13. 2026-06-01
    days on market $113,995 Active 82 DOM
14. 2026-05-31
    days on market $113,995 Active 81 DOM
15. 2026-03-11
    listed $113,995 Active 249-char remark

    Show marketing remark (249 chars)

    Beautiful open-concept home with an island kitchen and split-bedroom layout in Princeton's newest amenity-rich community, thoughtfully upgraded with Samsung appliances, Shaw carpeting, an Ecobee smart thermostat, and a hybrid heat pump water heater.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,084
• − Mortgage interest: −$19,179
• − Property taxes: −$5,136
• − Insurance: −$1,712
• − Repairs & maintenance: −$2,007
• − Management: −$2,007
• − Depreciation: −$9,960
• Taxable loss: −$14,917
• Est. tax savings @ 24.0%: +$3,580
• After-tax cash flow: $-4,998/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

Good 80/100 Cosmetic rehab

This well-maintained, modern manufactured home in Princeton offers a good balance of style and functionality, with potential for modest improvements to boost its value.

Value-add opportunities

• Both Paint the exterior — A fresh coat of paint can significantly enhance curb appeal and home value.
• Resale Replace the kitchen faucet — A new faucet can improve the kitchen's functionality and aesthetics.
• Both Install smart home devices — Smart home devices can increase convenience and appeal to tech-savvy buyers or renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Paint the exterior — A fresh coat of paint can significantly enhance curb appeal and home value. ↑
• Resale Replace the kitchen faucet — A new faucet can improve the kitchen's functionality and aesthetics. ↑
• Both Install smart home devices — Smart home devices can increase convenience and appeal to tech-savvy buyers or 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 — Princeton

• Score: 62/100
• State rank: #969
• US rank: #17215

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Collin County · 1,159,394 people
• City population: 34,171
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 34,171
• Household income: $100,037
• Rent vs Own: 23.8% rent · 76.2% 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

1 event — show timeline

• 2026-03-11 Listed $113,995 Zillow