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$450,000

205 Covington Dr, Wylie, TX, 75098

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,074 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.97 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesSome Gas Appliances, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Plumbed For Gas, Vented Exhaust Fan, Wine Cooler
FlooringCeramic Tile, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size10,371 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNR-11173-00A-0140-1
Lot Number14
SubdivisionCovington Estates Phase Two (Cwy)
Land UseResidential
Legal DescriptionCOVINGTON ESTATES PHASE TWO (CWY), BLK A, LOT 14
Census Tract031322
Assessed Land Value$140,000
Assessed Improvement Value$325,423
Assessment Year2026

About this property

Northeast facing home in established friendly neighborhood offers stylish updates and a large lot with plenty of room to relax, play, and entertain. The beautifully updated kitchen features a large island with generous seating, quartz countertops, a gas cooktop, wine chiller, farmhouse sink, designer tile backsplash, and soft-close drawers—a welcoming space for preparing meals and gathering with guests. Updated bathrooms showcase quartz countertops and walk-in showers, bringing a fresh, refined feel to everyday living. Step outside to a backyard designed for memorable get-togethers, featuring a wall-mounted entertainment bar, a sitting area with a simulated firepit, and a covered patio perfect for outdoor lounging. A spacious 10' x 12' backyard shed provides convenient storage for gardening tools, outdoor equipment, and more. Whether hosting celebrations, enjoying a quiet evening, or making the most of the spacious yard, this home is an entertainer’s dream, inside and out.

Investor Tools

$246,001Estimated Mortgage Balance
$219,422Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,793 /month
Positive
Cash Flow Estimate:
$931 /month

Interested in this property?

Johanna Graham

Berkshire HathawayHS PenFed TX

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$857/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,960
$465,423
2026
$140,000
$325,423
$465,423
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,960
$465,423

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$271,982
Yes
First
Oct 2, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,001
$219,422
47%
53%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,931/mo
+$629/mo
6.6%

City: Wylie

205 Covington Dr | Property Details | No Agent List