340 Whispering Pine Dr · Royse City, TX 75189

$245,990

3 bd · 2.0 ba · 1,294 sqft · SingleFamily · 176 Days on market

Built 2026 Excellent condition 5,750 sqft lot $190/sqft · at area comps Est $251k · at est. $42/mo HOA · 2% of rent ↓ 11% since listing

---

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 +16.4/30.0
• ARV discount +8.4/15.0
• DSCR +5.1/10.0
• Condition / age +5.0/5.0
• 1% rule +4.7/10.0
• Schools +4.7/10.0
• Livability +3.8/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

New! Beautiful three bedroom, two bath, single story. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and much more! Are you looking for a new home in Royse City? Wildwood is now selling! This Express Series community offers 2 to 4 bedroom floorplans ranging in size from 1,022 to 2,276 square feet, providing options to best fit your lifestyle! Wildwood is located within the small, but growing town of Royse City, which offers ample amounts of shopping, dining, and entertainment, all while providing locals the benefits of small-town living. Call us today to learn more about Wildwood!

Key facts

• Led lighting
• Island kitchen
• Granite counters

Tags

• ISLAND KITCHEN
• GRANITE COUNTERS
• LED LIGHTING
• FULL SPRINKLER SYSTEM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $246k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $138 ($2k/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 $238k (3.2% below list).
• Recommended offer: $216k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.0% vs local median 4.2% in Royse City — 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 75/100 on livability (#158 in TX, #4,292 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F.
• Royse City ISD (rural): math 42% / reading 42% proficiency, ranked #266 of 826 in TX (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Anita Scott El (math 53% / reading 40%, grade D-, #1,080 of 4,322 statewide, top 25%, 712 students, 47% FRL); Ouida Baley Middle (math 32% / reading 35%, grade F, #911 of 1,662 statewide, top 56%, 934 students, 43% FRL); Royse City H S (math 38% / reading 55%, grade D-, #621 of 1,632 statewide, top 38%, 2,526 students, 37% FRL).
• Market conditions: Rents soft (-1.1%/yr); 1569 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 1,810 units permitted in Rockwall County in 2024 (0 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 $7k of value loss. Plan a longer hold.
• Rockwall County population projected at +56% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 176 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $32k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $216,471 (12.0% below list)

Questions for the listing agent

1. It's been on market 176 days. Have you received any prior offers? Is the seller open to a 12% 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. 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.
6. 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.
7. 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: 0.97% ✗
• Cap rate: 6.97%
• Cash-on-cash: 2.41%
• DSCR: 1.11
• GRM: 8.6

CMA / ARV

• ARV (median comp): $250,746
• List price: $245,990
• Delta: -1.90%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
616 Cherrybark Dr	0.16mi	3/2.0	1,293 (-0%)	3mo	$224,900	$174	90
158 Vitex Dr	0.33mi	3/2.0	1,305 (+1%)	4mo	$252,000	$193	80
559 Bluejack Dr	0.10mi	3/2.0	1,448 (+12%)	6mo	$236,990	$164	71
335 Vitex Dr	0.20mi	3/2.0	1,390 (+7%)	15mo	$245,990	$177	66
244 Vitex Dr	0.22mi	3/2.0	1,390 (+7%)	15mo	$245,990	$177	65
162 Sol Cir	0.61mi	3/2.0	1,251 (-3%)	2mo	$324,000	$259	64
212 Vitex Dr	0.26mi	3/2.0	1,390 (+7%)	17mo	$253,990	$183	61
344 Vitex Dr	0.17mi	3/2.0	1,448 (+12%)	18mo	$254,990	$176	58
232 Vitex Dr	0.23mi	3/2.0	1,448 (+12%)	15mo	$250,765	$173	57
241 Vitex Dr	0.24mi	3/2.0	1,448 (+12%)	16mo	$255,990	$177	55
307 Vitex Dr	0.22mi	3/2.0	1,448 (+12%)	18mo	$264,990	$183	55
209 Vitex Dr	0.28mi	3/2.0	1,448 (+12%)	18mo	$259,990	$180	52

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: -16.0%
• Equity multiple: 0.45×
• Total profit: $-37,956
• Equity at exit: $36,678

10-year hold

• IRR: -14.2%
• Equity multiple: 0.30×
• Total profit: $-48,403
• Equity at exit: $21,269

Cash invested: $68,877 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 21 active · 4 under contract
• Months of supply: 18.0 mo (6%/mo absorbed)
• Median asking: $273,480 ($186/sqft)
• Median days on market: 144 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +4.2% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 75189

• Home prices YoY: -25.0%
• Rents YoY: -1.1%
• Active inventory: 1569
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,380 medium
• Mortgage (P&I): −$1,290
• Tax est. 1.5%: −$307 /mo · $3,690/yr
• Insurance: −$102
• HOA: −$42
• Vacancy / Maint / Mgmt: −$500
• Net cashflow: $138

Break-even live

Break-even rent $2,205

Max offer price $245,990

Occupancy floor 89%

Sensitivity live

Price	-10% $308	-5% $223	+0% $138	+5% $53	+10% $-32
Rent	-10% $-50	-5% $44	+0% $138	+5% $232	+10% $327
Rate	-1.0pp $262	-0.5pp $201	base $138	+0.5pp $75	+1.0pp $10

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: $61,498
• Closing costs: $7,380
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
347 Boxwood Dr Royse City, TX	4.0	2.0	1632	$1,995	$1.22	4d	1	0.14mi
149 Boxwood Dr Royse City, TX	4.0	2.0	1820	$2,200	$1.21	0d	1	0.31mi

Listing history 50 events

1. 2026-08-08
   days on market $245,990 Active 176 DOM
2. 2026-08-06
   days on market $245,990 Active 174 DOM
3. 2026-08-05
   days on market $245,990 Active 173 DOM
4. 2026-08-04
   days on market $245,990 Active 172 DOM
5. 2026-08-03
   days on market $245,990 Active 171 DOM
6. 2026-07-31
   days on market $245,990 Active 168 DOM
7. 2026-07-30
   days on market $245,990 Active 166 DOM
8. 2026-07-28
   days on market $245,990 Active 165 DOM
9. 2026-07-26
   days on market $245,990 Active 163 DOM
10. 2026-07-24
    days on market $245,990 Active 161 DOM
11. 2026-07-23
    days on market $245,990 Active 160 DOM
12. 2026-07-22
    days on market $245,990 Active 159 DOM
13. 2026-07-21
    days on market $245,990 Active 158 DOM
14. 2026-07-20
    days on market $245,990 Active 157 DOM
15. 2026-07-18
    days on market $245,990 Active 155 DOM
16. 2026-07-18
    days on market $245,990 Active 154 DOM
17. 2026-07-16
    days on market $245,990 Active 153 DOM
18. 2026-07-15
    days on market $245,990 Active 152 DOM
19. 2026-07-14
    days on market $245,990 Active 151 DOM
20. 2026-07-13
    days on market $245,990 Active 150 DOM
21. 2026-07-13
    days on market $245,990 Active 149 DOM
22. 2026-07-11
    days on market $245,990 Active 148 DOM
23. 2026-07-10
    days on market $245,990 Active 147 DOM
24. 2026-07-09
    days on market $245,990 Active 146 DOM
25. 2026-07-07
    days on market $245,990 Active 144 DOM
26. 2026-07-06
    days on market $245,990 Active 143 DOM
27. 2026-07-06
    days on market $245,990 Active 142 DOM
28. 2026-07-05
    days on market $245,990 Active 141 DOM
29. 2026-07-03
    days on market $245,990 Active 140 DOM
30. 2026-07-02
    days on market $245,990 Active 139 DOM
31. 2026-07-01
    days on market $245,990 Active 138 DOM
32. 2026-06-30
    price $245,990 Active 137 DOM
33. 2026-06-30
    days on market $242,990 Active 137 DOM
34. 2026-06-29
    days on market $242,990 Active 136 DOM
35. 2026-06-28
    days on market $242,990 Active 135 DOM
36. 2026-06-27
    days on market $242,990 Active 134 DOM
37. 2026-06-26
    days on market $242,990 Active 133 DOM
38. 2026-06-24
    days on market $242,990 Active 131 DOM
39. 2026-06-22
    days on market $242,990 Active 129 DOM
40. 2026-06-21
    days on market $242,990 Active 128 DOM
41. 2026-06-18
    days on market $242,990 Active 125 DOM
42. 2026-06-17
    days on market $242,990 Active 124 DOM
43. 2026-06-16
    days on market $242,990 Active 123 DOM
44. 2026-06-15
    days on market $242,990 Active 122 DOM
45. 2026-06-13
    days on market $242,990 Active 120 DOM
46. 2026-06-09
    days on market $242,990 Active 116 DOM
47. 2026-06-08
    days on market $242,990 Active 115 DOM
48. 2026-06-07
    days on market $242,990 Active 114 DOM
49. 2026-06-04
    pricedays on market $242,990 Active 111 DOM
50. 2026-06-03
    days on market $247,990 Active 110 DOM

ⓘ 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 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,564
• − Mortgage interest: −$13,779
• − Property taxes: −$3,690
• − Insurance: −$1,230
• − Repairs & maintenance: −$2,285
• − Management: −$2,285
• − HOA: −$504
• − Depreciation: −$7,156
• Taxable loss: −$2,366
• Est. tax savings @ 24.0%: +$568
• After-tax cash flow: $2,229/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 · 3 photos

Excellent 100/100 None rehab

This Express Series home is in excellent condition with no visible repairs or maintenance needed. It offers a seamless blend of style and practicality, making it an attractive option for both resale and rental markets.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and value ↑
• Both Replace landscaping — Improves curb appeal and value ↑
• Both Install smart home features — Enhances convenience and marketability ↑

F Composite school gradezoned avg 46/100

Zoned Schools

Elementary Anita Scott El D- TX #1,080/4,322 Nat'l #15,452/41,679 High Royse City H S D- TX #621/1,632 Nat'l #6,621/17,239

Schools (NCES district)

• District: Royse City ISD
• NCES district ID: 4838220
• Math proficiency: 42% ▼ -10.00%
• Reading proficiency: 42% ▼ -5.00%
• Median HH income: $73,810
• Composite: 38.44/100
• National rank: #4197
• State rank: #266 of 826 in TX

B Composite livability gradescore 75/100

Livability — Royse City

• Score: 75/100
• State rank: #158
• US rank: #4292

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Rockwall County · 118,396 people
• City population: 48,739
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 48,739
• Household income: $117,125
• Rent vs Own: 11.5% rent · 88.5% own
• Severe rent burden: 22% of renters

---

Population outlook (Rockwall County) Hauer SSP2

• Today (2025): 118,396 people
• By 2030: 132,209 · +11.7%
• By 2040: 159,538 · +34.7%
• By 2050: 185,299 · +56.5%
• By 2075: 243,489 · +105.7%
• By 2100: 277,814 · +134.6%

---

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 60% Hispanic / Latino 25% Two or more races 12% Black 10% Asian 2%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Slovak 2% Serbian 1% Lithuanian 1%
• Foreign-born: 10% · Canada, Philippines, Jamaica
• Languages at home: 80% English-only · Spanish 15% Other Indo-European 1%

---

Political lean MEDSL · Rockwall

• 2024 margin: Solid R (+40.9) · D 29.1% · R 70.0%
• 2008→2024 swing: +5.3pp toward D · 2008: -46.2pp · 2024: -40.9pp
• All cycles: 2024: R+40.9 2020: R+37.7 2016: R+47.5 2012: R+53.3 2008: R+46.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -71.10%
• Current HPI: 212.8422
• Rent YoY: ▼ -1.13%
• 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

-10.6% since first listed

8 events — show timeline

• 2026-05-11 Price Changed $247,990 NTREIS
• 2026-04-24 Price Changed $245,990 NTREIS
• 2026-04-06 Price Changed $270,990 NTREIS
• 2026-03-11 Price Changed $268,990 NTREIS
• 2026-02-25 Price Changed $278,990 NTREIS
• 2026-02-17 Price Changed $278,990 Zillow
• 2026-02-13 Listed $277,490 NTREIS
• 2026-02-04 Listed $277,490 Zillow