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$322,013

1014 Lowndes Ln, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,687 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.55 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

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, Refrigerator
FlooringLaminate

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APNR-5122-00N-0100-1
Lot Number10
SubdivisionBirmingham Farms Phase 2a (Cwy)
Land UseResidential
Legal DescriptionBIRMINGHAM FARMS PHASE 2A (CWY), BLK N, LOT 10
Census Tract031318
Assessed Land Value$95,000
Assessed Improvement Value$227,013
Assessment Year2025

About this property

Priced to sell! Well maintained home with split-bedroom floorplan that features open-concept living, kitchen & dining areas! Home is located in a great location in the heart of Wylie with wonderful schools nearby, including Collin College campus. Great updates including some flooring, stainless appliances (frig stays in kitchen & another in garage), fresh paint in a few of the bedrooms, new 2 inch faux wood blinds throughout, main bathroom is updated with a BEAUTIFUL shower, wood like tile flooring, double vanity and all lighting and hardware. Closet recently upgraded throughout with plenty of built-ins for storage, all ceiling fans and lighting. Barn doors in the kitchen laundry room area and main bedroom closet too! Water heater replaced in 2020.

Investor Tools

Property Icon
$322,013
Estimated Property Value
$211,500Estimated Mortgage Balance
$117,130Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
$78/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,604
$322,013
2025
$95,000
$227,013
$322,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,604
$322,013

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$211,500
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,883
$117,130
36%
64%
$1,269/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,347/mo
+$1,213/mo
9.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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