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$225,000

1309 London Dr, Wylie, TX, 75098

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,331 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.05 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Lot Size8,023 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2084-00F-0090-1
Lot Number9
SubdivisionWyndham Estates Phase Ii (Cwy)
Land UseResidential
Legal DescriptionWYNDHAM ESTATES PHASE II (CWY), BLK F, LOT 9
Census Tract031320
Assessed Land Value$85,000
Assessed Improvement Value$221,927
Assessment Year2025

About this property

Excellent Investment Opportunity in Wylie, TX listed well below market value! This home has 3 bed 2 bath, with 1331 square feet and a 2 car garage. Heavy duty fence with massive gate, windows, exterior doors, HVAC system, sprinkler system and roof ALL UPGRADED in the last 10 years. No HOA! Needs repairs in primary bathroom (bathtub had a leak so it was removed), secondary bedroom (drywall and flooring was damaged from bathtub leak) and kitchen (cabinet repair and paint). Message me for more details! This one won't last long, schedule your showing TODAY!

Investor Tools

$163,374Estimated Mortgage Balance
$143,553Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

Interested in this property?

Alex Noland

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,983
$306,927
2025
$85,000
$221,927
$306,927
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,983
$306,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$162,011
Yes
First
Aug 31, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,374
$143,553
46%
53%
$1,208/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,208/mo
+$1,352/mo
10.0%

City: Wylie

1309 London Dr | Property Details | No Agent List