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$565,440

NAL Estimated Property Value

109 Covington Drive, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,746 Sq Ft
price_per_sqft$127.42 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCeramic Tile

Exterior

Lot Size10,367 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10758-00A-0050-1
Lot Number5
SubdivisionCovington Estates Phase One (Cwy)
Land UseResidential
Legal DescriptionCOVINGTON ESTATES PHASE ONE (CWY), BLK A, LOT 5
Census Tract031322
Assessed Land Value$140,000
Assessed Improvement Value$425,440
Assessment Year2025

About this property

This home shows like brand new! Built in 2016, Features designer ceramic floors throughout. Beautiful office provides lots of privacy with custom french doors. Gourmet kitchen opens to lrg living room with gorgeous stone fireplace, floor to ceiling windows bringing in tons of natural lighting. Kitchen is equipped with ss appliances, 5 burner gas stove, rich dark wood cabinets, granite counters, bar seating, and an eat in breakfast nook. Split floor plan provides privacy to maser suite. Upstairs features a half bath lrg game room overlooking the lvg room & a media room. Large private fenced backyard has mature trees providing nice shade and covered patio. Bring your buyers to see this gem before it's gone!

Investor Tools

Property Icon
$565,440
Estimated Property Value
$239,092Estimated Mortgage Balance
$326,348Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,393 /month
Positive
Cash Flow Estimate:
$1,131 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$910/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,099
$565,440
2025
$140,000
$425,440
$565,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,099
$565,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$276,000
No
First
Aug 12, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,092
$326,348
57%
42%
$1,655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,895/mo
+$1,445/mo
7.1%

Learn About the Market: Opportunity in Texas

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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.

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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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