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$243,000

1010 Mardi Gras Ln, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.68 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop

Exterior

Lot Size10,367 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-1163-001-0180-1
Lot Number18
SubdivisionHoliday Terrace #1 (Cwy)
Land UseResidential
Legal DescriptionHOLIDAY TERRACE #1 (CWY), BLK 1, LOT 18
Census Tract031322
Assessed Land Value$70,000
Assessed Improvement Value$140,869
Assessment Year2025

About this property

Nestled in a highly sought-after neighborhood with top-rated schools, this stunning 3-bedroom, 2-bathroom home has been fully renovated to offer modern comfort and timeless charm. From the moment you step inside, you'll be greeted by an inviting open-concept layout filled with natural light, showcasing brand-new flooring, fresh paint, and stylish finishes throughout. The beautifully updated kitchen boasts sleek countertops, appliances, and ample cabinetry, making it perfect for both everyday living and entertaining. With its prime location, just minutes from shopping, and dining, this move-in-ready home is the perfect blend of convenience and luxury. Don’t miss the chance to make it yours—schedule a showing today! Comes with 10 YR Warranty on Foundation -

Investor Tools

Property Icon
$243,000
Estimated Property Value
$247,435Estimated Mortgage Balance
$0Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,198
$210,869
2025
$70,000
$140,869
$210,869
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,198
$210,869

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Fha
$247,435
Yes
First
Jul 1, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,816
N/A
0%
100%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,484/mo
+$546/mo
10.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Wylie

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1010 Mardi Gras Ln | Property Details | No Agent List