337 Bobby · Wylie, TX 75098

$30,000

3 bd · 2.0 ba · 1,056 sqft · Manufactured public records · 129 Days on market

Built 2010 4,025 sqft lot $880/mo HOA · 40% of rent ↓ 53% since listing

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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 +15.0/30.0
• ARV discount +7.5/15.0
• Schools +5.7/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Single-wide manufactured home located is Southfork Park. 3 Bedrooms and 2 baths. Sold ASIS. Community features include a swimming pool, fishing pond, Price is only for the unit and the land and lot are rented from the park management. That rent price dose include water, , trash, Nd sewer utilities. Wylie ISD and all the shopping and dinning experience that Wylie, murphy and Sachse can offer Don't miss out. This property also available for lease. Current owner is leasing this land. Monthly HOA dues are land lease $880 monthly, Water $54 monthly Swear $20 and Trash $20monthly. Short term seller financing is also available with 50% down payment

Key facts

• Manufactured home
• Fishing pond
• Swimming pool

Tags

• MANUFACTURED HOME
• SWIMMING POOL
• FISHING POND
• WYLIE ISD
• SHOPPING AND DINING

Property features AI

Finance

• Other: Listing status: Active; Possession at closing/funding; Photos available
• Financial info: Loan type: Treat As Clear; No second mortgage indicated
• HOA & community: Mandatory association (SOUTHFORK MHP); Association fee $880 monthly; Association includes sewer and utilities; HOA management phone available

Exterior

• Parking: Attached carport with 2 carport spaces
• Utilities: City water; City sewer; No municipal utility district
• Home design: Manufactured home; Residential property; Built in 2010; Attached property
• Construction: Year built 2010
• Exterior features: Lot under 0.5 acre (approximately 4,025 sq ft); Subdivision: SOUTHFORK MHP

Interior

• Kitchen: Dishwasher; Disposal; Electric range
• Bedrooms: 3 bedrooms (primary bedroom on main level)
• Bathrooms: 2 full bathrooms
• Interior features: One-level layout; Accessible approach with ramp; Open living/dining areas (one living area, one dining area); Other interior features
• Laundry & utility: Washer/Dryer not listed

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $30k.

Deal economics

• At list price, monthly cash flow is $589 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $30k).
• Recommended offer: $26k (12.0% below list) — sets the bar for market timing.
• Cap rate 29.9% 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.
• Wylie ISD (suburban): math 64% / reading 63% proficiency, ranked #28 of 826 in TX (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: R V Groves El (math 59% / reading 60%, grade B-, #409 of 4,322 statewide, top 10%, 669 students, 45% FRL) — zoned schools average 45% FRL vs 26% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-1.4%/yr); 700 active listings in the ZIP; 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 $207 of loan paydown is wiped out by about $900 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 129 days — a 12% lower offer ($26k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 3.2% of price; HOA is 40% of rent.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $26,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 129 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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 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?
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: 7.25% ✓
• Cap rate: 29.87%
• Cash-on-cash: 84.20%
• DSCR: 4.75
• GRM: 1.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 77.7%
• Equity multiple: 4.20×
• Total profit: $26,901
• Equity at exit: $4,473

10-year hold

• IRR: 79.6%
• Equity multiple: 6.90×
• Total profit: $49,553
• Equity at exit: $2,594

Cash invested: $8,400 (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 75098

• Home prices YoY: -24.5%
• Rents YoY: -1.4%
• Active inventory: 700
• Price-to-rent: 1.1×

Monthly cashflow live

• Estimated rent: $2,176 medium
• Mortgage (P&I): −$157
• Tax from tax record: −$80 /mo · $962/yr
• Insurance: −$12
• HOA: −$880
• Vacancy / Maint / Mgmt: −$457
• Net cashflow: $589

Break-even live

Break-even rent $1,430

Max offer price $30,000

Occupancy floor 68%

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: $7,500
• Closing costs: $900
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $880 · $10,560/yr
• Likely covers: watersewertrashpool

Listing history 18 events

1. 2026-06-18
   days on market $30,000 Active 129 DOM
2. 2026-06-17
   days on market $30,000 Active 128 DOM
3. 2026-06-16
   days on market $30,000 Active 127 DOM
4. 2026-06-15
   days on market $30,000 Active 126 DOM
5. 2026-06-13
   days on market $30,000 Active 124 DOM
6. 2026-06-13
   days on market $30,000 Active 123 DOM
7. 2026-06-09
   days on market $30,000 Active 120 DOM
8. 2026-06-08
   remarks 649-char remark
9. 2026-06-08
   pricedays on market $30,000 Active 119 DOM
10. 2026-06-07
    days on market $35,000 Active 118 DOM
11. 2026-06-04
    days on market $35,000 Active 115 DOM
12. 2026-06-03
    days on market $35,000 Active 114 DOM
13. 2026-06-02
    days on market $35,000 Active 113 DOM
14. 2026-06-01
    days on market $35,000 Active 112 DOM
15. 2026-05-31
    days on market $35,000 Active 111 DOM
16. 2026-04-25
    price $35,000
17. 2026-03-01
    price $50,000
18. 2026-02-09
    listed $75,000 Active

ⓘ 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: $962 · $80/mo
• Projected year-2 tax: $962 · $80/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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,118
• − Mortgage interest: −$1,680
• − Property taxes: −$962
• − Insurance: −$150
• − Repairs & maintenance: −$2,089
• − Management: −$2,089
• − HOA: −$10,560
• − Depreciation: −$873
• Taxable income: $7,714
• Est. tax owed @ 24.0%: −$1,851
• After-tax cash flow: $5,222/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: Wylie ISD
• NCES district ID: 4846530
• Math proficiency: 64% ▼ -9.00%
• Reading proficiency: 63% ▼ -3.00%
• Median HH income: $84,145
• Composite: 57.25/100
• National rank: #1091
• State rank: #28 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

• Census place: Wylie, TX
• County: Collin County · 1,159,394 people
• City population: 69,325
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 69,325
• Household income: $122,089
• Rent vs Own: 20.1% rent · 79.9% own
• Severe rent burden: 996.0

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 0.67)
• Race & ethnicity: White 51% Hispanic / Latino 19% Two or more races 15% Black 13% Asian 11%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Slovak 2% Lithuanian 2% Serbian 2%
• Foreign-born: 21% · Canada, Vietnam, China
• Languages at home: 70% English-only · Spanish 14% Other Indo-European 4% Vietnamese 2%

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: ▼ -84.91%
• Current HPI: 261.9973
• Rent YoY: ▼ -1.39%
• 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

-53.3% since first listed

3 events — show timeline

• 2026-04-25 Price Changed $35,000 NTREIS
• 2026-03-01 Price Changed $50,000 NTREIS
• 2026-02-09 Listed $75,000 NTREIS