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$1,450,000

601 & 595 Parker Road, Wylie, TX, 75098

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$866.19 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher

Exterior

Lot Size2.54 acres

Building Information

Year Built1975
Stories1
Garage Spaces3

Land Information

APNR-6696-000-0240-1
Lot Number24
SubdivisionW D Penney Survey
Land UseResidential
Legal DescriptionABS A0696 W D PENNEY SURVEY, TRACT 24, 2.54 ACRES
Census Tract031318
Assessed Land Value$246,888
Assessed Improvement Value$165,292
Assessment Year2026

About this property

Limited Listing for all questions please contact the owner Tim Bennett 214-282-7450. This 4.6-acre residential tract offers a high-yield opportunity for a regional or premium custom home builder to develop an exclusive pocket neighborhood on Wylie’s northwest side, or for an individual seeking an estate home site. Having 294 linear feet of road frontage along West Parker Road, the site features an optimal rectangular footprint that integrates into the mature, Harvest Bend subdivision directly adjoining the property. Unlike raw acreage, this site features complete, active public utilities directly to the property boundary, approved zoning for 20 lots and civil engineering plans that are pending final approval by the City, saving a builder months in municipal red tape and the cost of off-site utility extension infrastructure. The site bypasses a lot of municipal development issues by utilizing a 20 lot Planned Development Zoning, approved by the City of Wylie in 2021.

Investor Tools

$55,124Estimated Mortgage Balance
$475,876Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

Interested in this property?

Katherine Briones

Mersaes Real Estate, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,112
$412,180
2026
$246,888
$165,292
$412,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,112
$412,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Robbie Ann Bennett
Unknown
$102,200
No
First
Aug 13, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,124
$475,876
89%
10%
$613/mo

City: Wylie