209 Tall Cedar Way · Wylie, TX 75407

$179,990

2 bd · 2.5 ba · 1,101 sqft · SingleFamily · 78 Days on market

Built 2026 Excellent condition 6,050 sqft lot $163/sqft · 11% below area Est $203k · 11% under $42/mo HOA · 2% of rent ↓ 4% since listing

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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 +15.2/30.0
• ARV discount +12.7/15.0
• Condition / age +5.0/5.0
• DSCR +4.7/10.0
• 1% rule +4.5/10.0
• Schools +4.2/10.0
• Livability +3.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Introducing the Argentina, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! The Argentina has 2 farmhouse elevations to choose from. Inside this 2-bedroom, 2.5-bathroom home, you'll find 1,101 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 both 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

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath single-family listed at $180k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $63 ($754/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 $171k (5.1% below list).
• Recommended offer: $169k (6.0% 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 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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 $5k 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 78 days — a 6% lower offer ($169k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $18k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $169,190 (6.0% below list)

Questions for the listing agent

1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.95% ✗
• Cap rate: 6.71%
• Cash-on-cash: 1.50%
• DSCR: 1.07
• GRM: 8.8

CMA / ARV

• ARV (median comp): $203,268
• List price: $179,990
• Delta: -11.45%
• 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
220 Arbor Dr	0.04mi	2/2.5	1,101 (0%)	1mo	$204,990	$186	97
217 Tall Cedar Way	0.02mi	2/2.5	1,101 (0%)	3mo	$204,990	$186	97
228 Tall Cedar Way	0.06mi	2/2.5	1,101 (0%)	1mo	$209,620	$190	96
220 Tall Cedar Way	0.04mi	2/2.5	1,101 (0%)	3mo	$202,990	$184	96
125 Redwood Rd	0.10mi	2/2.5	1,101 (0%)	1mo	$204,990	$186	94
307 Tall Cedar Way	0.08mi	2/2.5	1,101 (0%)	3mo	$202,990	$184	94
302 Arbor Dr	0.09mi	2/2.5	1,101 (0%)	3mo	$197,990	$180	93
225 Tall Cedar Way	0.09mi	2/2.5	1,101 (0%)	3mo	$215,490	$196	93
6513 Waterfall Ln	0.53mi	2/2.0	1,099 (-0%)	1mo	$219,000	$199	72
6524 Shoreline Ln	0.55mi	2/2.0	1,098 (-0%)	1mo	$215,000	$196	71
6517 Glade St	0.48mi	3/2.0 (+1)	1,266 (+15%)	3mo	$206,999	$164	43
6507 Glade St	0.56mi	3/2.0 (+1)	1,266 (+15%)	2mo	$209,999	$166	40

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: -17.4%
• Equity multiple: 0.40×
• Total profit: $-30,115
• Equity at exit: $26,837

10-year hold

• IRR: -16.7%
• Equity multiple: 0.20×
• Total profit: $-40,196
• Equity at exit: $15,562

Cash invested: $50,397 (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: 8.8×

Monthly cashflow live

• Estimated rent: $1,707 high
• Mortgage (P&I): −$944
• Tax est. 1.5%: −$225 /mo · $2,700/yr
• Insurance: −$75
• HOA: −$42
• Vacancy / Maint / Mgmt: −$359
• Net cashflow: $63

Break-even live

Break-even rent $1,628

Max offer price $179,990

Occupancy floor 91%

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: $44,998
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
204 Tall Cedar Way Princeton, TX	2.0	2.5	1130	$1,490	$1.32	44d	1	0.04mi
321 Tall Cedar Way Princeton, TX	3.0	3.0	1468	$1,725	$1.18	44d	1	0.10mi
6808 Sunbeam Cir Princeton, TX	3.0	2.0	1155	$1,534	$1.33	22d	1	0.14mi
145 Jethro Ln Princeton, TX	3.0	2.0	1033	$1,499	$1.45	24d	1	0.16mi
7020 Vining DR Princeton, TX	3.0	2.5	1382	$1,850	$1.34	24d	1	0.17mi
206 Sunflower St Princeton, TX	3.0	2.0	1155	$1,475	$1.28	21d	1	0.23mi
6751 Highlands St Princeton, TX	3.0	2.0	1411	$1,639	$1.16	17d	1	0.23mi
150 Sunflower St Princeton, TX	3.0	2.0	1017	$1,899	$1.87	5d	1	0.23mi
6739 Coulter Dr Princeton, TX	3.0	2.0	1155	$1,500	$1.30	44d	1	0.25mi
6723 Coulter Dr Princeton, TX	3.0	2.0	1018	$1,500	$1.47	44d	1	0.27mi
6561 Alfalfa St Princeton, TX	3.0	2.0	1436	$1,599	$1.11	44d	1	0.36mi
6550 August Dr Princeton, TX	3.0	2.0	1407	$1,695	$1.20	4d	1	0.38mi
6744 Teal Cir Princeton, TX	3.0	2.0	1474	$1,790	$1.21	21d	1	0.40mi
619 Fisher Ln Princeton, TX	3.0	2.0	1260	$1,600	$1.27	44d	1	0.42mi
538 Montclair Ave Princeton, TX	3.0	2.0	1260	$1,775	$1.41	10d	1	0.44mi
545 Holleman Dr Princeton, TX	3.0	2.0	1474	$1,750	$1.19	44d	1	0.46mi
214 Wheatgrass Ln Princeton, TX	3.0	2.0	1407	$1,699	$1.21	44d	1	0.49mi
613 Holleman Dr , TX	3.0	2.0	1260	$2,000	$1.59	24d	1	0.51mi
6445 Middlebury Dr Princeton, TX	3.0	2.0	1266	$1,649	$1.30	7d	1	0.51mi
416 Finch CIR Princeton, TX	3.0	2.0	1266	$1,350	$1.07	44d	1	0.52mi
402 Harvest St Princeton, TX	3.0	2.0	1433	$1,665	$1.16	13d	1	0.52mi
134 Harvest St Princeton, TX	3.0	2.0	1440	$1,825	$1.27	19d	1	0.60mi
6114 Holly Spring Rd , TX	2.0	2.5	1130	$1,675	$1.48	44d	1	0.65mi
6114 Holly Spring Rd , TX	2.0	2.5	1351	$1,550	$1.15	13d	1	0.65mi
6203 Holly Spring Rd , TX	2.0	2.5	1130	$1,595	$1.41	44d	1	0.65mi
600 Sandhill Crane Ln Princeton, TX	3.0	2.0	1402	$2,100	$1.50	13d	1	0.71mi
6222 Sandpiper Ln Unit NA Princeton, TX	3.0	2.5	1400	$1,750	$1.25	7d	1	0.85mi
812 Sandhill Crane Ln Princeton, TX	3.0	2.5	1309	$1,850	$1.41	44d	1	0.88mi
724 Wagtail Dr Princeton, TX	3.0	2.5	1360	$1,675	$1.23	3d	1	0.88mi
724 Wagtail Dr Princeton, TX	3.0	2.5	1360	$1,675	$1.23	2d	1	0.88mi
241 Boxberry Way Princeton, TX	3.0	2.0	1411	$1,725	$1.22	44d	1	0.89mi
803 Wagtail Dr , TX	3.0	2.5	1360	$1,605	$1.18	22d	1	0.89mi
6313 Kingfisher Way Princeton, TX	3.0	3.0	1360	$1,650	$1.21	44d	1	0.91mi
911 Sandhill Crane Ln Princeton, TX	3.0	2.5	1360	$1,575	$1.16	44d	1	0.92mi
914 Sandhill Crane Ln Princeton, TX	3.0	2.5	1189	$1,775	$1.49	7d	1	0.94mi
935 Sandhill Crane Ln Princeton, TX	3.0	2.5	1189	$1,999	$1.68	19d	1	0.94mi
143 Plumcove Dr Princeton, TX	3.0	3.0	1376	$2,150	$1.56	44d	1	0.94mi
6225 Kingfisher Way Princeton, TX	3.0	2.5	1290	$1,625	$1.26	4d	1	0.95mi
623 Linden Rd Princeton, TX	3.0	2.5	1419	$1,650	$1.16	44d	1	0.97mi
910 Wood Stork Way Princeton, TX	2.0	2.5	1022	$1,700	$1.66	19d	1	1.01mi

HOA detail

• Monthly dues: $42 · $504/yr

Listing history 28 events

1. 2026-06-18
   price $179,990 Active 78 DOM
2. 2026-06-18
   days on market $194,990 Active 78 DOM
3. 2026-06-17
   days on market $194,990 Active 77 DOM
4. 2026-06-16
   days on market $194,990 Active 76 DOM
5. 2026-06-15
   days on market $194,990 Active 75 DOM
6. 2026-06-13
   days on market $194,990 Active 73 DOM
7. 2026-06-13
   pricedays on market $194,990 Active 72 DOM
8. 2026-06-09
   days on market $189,990 Active 69 DOM
9. 2026-06-08
   days on market $189,990 Active 68 DOM
10. 2026-06-07
    days on market $189,990 Active 67 DOM
11. 2026-06-04
    pricedays on market $189,990 Active 64 DOM
12. 2026-06-03
    days on market $187,490 Active 63 DOM
13. 2026-06-02
    days on market $187,490 Active 62 DOM
14. 2026-06-01
    days on market $187,490 Active 61 DOM
15. 2026-05-31
    days on market $187,490 Active 60 DOM
16. 2026-05-16
    price $189,990 1287-char remark

    Show marketing remark (1287 chars)

    Introducing the Argentina, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! The Argentina has 2 farmhouse elevations to choose from. Inside this 2-bedroom, 2.5-bathroom home, you'll find 1,101 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 both 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.

17. 2026-05-13
    price $194,990 1287-char remark

    Show marketing remark (1287 chars)

    Introducing the Argentina, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! The Argentina has 2 farmhouse elevations to choose from. Inside this 2-bedroom, 2.5-bathroom home, you'll find 1,101 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 both 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.

18. 2026-05-06
    price $194,990 304-char remark

    Show marketing remark (304 chars)

    New homes in Princeton, TX! Welcome to Arbor Trails! This gorgeous new Express homes community is located in Collin County, Branch ,Princeton area off CR 437. DR Horton, your new home builder, we offer 3 different plans in Arbor Trails ranging from a 2 2.5 1 1,130 sq ft to a 4 2.5 1 that's 1,549 sq ft.

19. 2026-05-02
    price $189,990 1287-char remark

    Show marketing remark (1287 chars)

    Introducing the Argentina, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! The Argentina has 2 farmhouse elevations to choose from. Inside this 2-bedroom, 2.5-bathroom home, you'll find 1,101 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 both 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.

20. 2026-04-11
    status Active 1287-char remark

    Show marketing remark (1287 chars)

    Introducing the Argentina, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! The Argentina has 2 farmhouse elevations to choose from. Inside this 2-bedroom, 2.5-bathroom home, you'll find 1,101 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 both 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.

21. 2026-04-11
    price $199,990 1287-char remark

    Show marketing remark (1287 chars)

    Introducing the Argentina, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! The Argentina has 2 farmhouse elevations to choose from. Inside this 2-bedroom, 2.5-bathroom home, you'll find 1,101 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 both 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.

22. 2026-04-10
    price $204,990 304-char remark

    Show marketing remark (304 chars)

    New homes in Princeton, TX! Welcome to Arbor Trails! This gorgeous new Express homes community is located in Collin County, Branch ,Princeton area off CR 437. DR Horton, your new home builder, we offer 3 different plans in Arbor Trails ranging from a 2 2.5 1 1,130 sq ft to a 4 2.5 1 that's 1,549 sq ft.

23. 2026-04-06
    price $214,990 304-char remark

    Show marketing remark (304 chars)

    New homes in Princeton, TX! Welcome to Arbor Trails! This gorgeous new Express homes community is located in Collin County, Branch ,Princeton area off CR 437. DR Horton, your new home builder, we offer 3 different plans in Arbor Trails ranging from a 2 2.5 1 1,130 sq ft to a 4 2.5 1 that's 1,549 sq ft.

24. 2026-04-06
    status Active 304-char remark

    Show marketing remark (304 chars)

    New homes in Princeton, TX! Welcome to Arbor Trails! This gorgeous new Express homes community is located in Collin County, Branch ,Princeton area off CR 437. DR Horton, your new home builder, we offer 3 different plans in Arbor Trails ranging from a 2 2.5 1 1,130 sq ft to a 4 2.5 1 that's 1,549 sq ft.

25. 2026-02-04
    status Pending 304-char remark

    Show marketing remark (304 chars)

    New homes in Princeton, TX! Welcome to Arbor Trails! This gorgeous new Express homes community is located in Collin County, Branch ,Princeton area off CR 437. DR Horton, your new home builder, we offer 3 different plans in Arbor Trails ranging from a 2 2.5 1 1,130 sq ft to a 4 2.5 1 that's 1,549 sq ft.

26. 2026-02-03
    historical 1287-char remark

    Show marketing remark (1287 chars)

    Introducing the Argentina, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! The Argentina has 2 farmhouse elevations to choose from. Inside this 2-bedroom, 2.5-bathroom home, you'll find 1,101 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 both 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.

27. 2026-01-30
    listed $197,990 Active 304-char remark

    Show marketing remark (304 chars)

    New homes in Princeton, TX! Welcome to Arbor Trails! This gorgeous new Express homes community is located in Collin County, Branch ,Princeton area off CR 437. DR Horton, your new home builder, we offer 3 different plans in Arbor Trails ranging from a 2 2.5 1 1,130 sq ft to a 4 2.5 1 that's 1,549 sq ft.

28. 2026-01-27
    listed $197,990 Active 1287-char remark

    Show marketing remark (1287 chars)

    Introducing the Argentina, one of our two-story floorplans featured in our Arbor Trails South community in Princeton, Texas! The Argentina has 2 farmhouse elevations to choose from. Inside this 2-bedroom, 2.5-bathroom home, you'll find 1,101 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 both 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.

Taxation est. · year 1

• Rental income: $20,487
• − Mortgage interest: −$10,082
• − Property taxes: −$2,700
• − Insurance: −$900
• − Repairs & maintenance: −$1,639
• − Management: −$1,639
• − HOA: −$504
• − Depreciation: −$5,236
• Taxable loss: −$2,213
• Est. tax savings @ 24.0%: +$531
• After-tax cash flow: $1,285/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 · 2 photos

Excellent 100/100 None rehab

This new home in Arbor Trails, Princeton, TX, is move-in ready with no visible signs of wear or damage. It offers a spacious 1,101 sq ft floor plan with 2 bedrooms and 2.5 bathrooms, perfect for everyday living and entertaining.

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

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

• 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

-4.0% since first listed

13 events — show timeline

• 2026-05-16 Price Changed $189,990 Zillow
• 2026-05-13 Price Changed $194,990 Zillow
• 2026-05-06 Price Changed $194,990 NTREIS
• 2026-05-02 Price Changed $189,990 Zillow
• 2026-04-11 Price Changed $199,990 Zillow
• 2026-04-11 Relisted — Zillow
• 2026-04-10 Price Changed $204,990 NTREIS
• 2026-04-06 Price Changed $214,990 NTREIS
• 2026-04-06 Relisted — NTREIS
• 2026-02-04 Pending — NTREIS
• 2026-02-03 Delisted — Zillow
• 2026-01-30 Listed $197,990 NTREIS
• 2026-01-27 Listed $197,990 Zillow