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$421,115

NAL Estimated Property Value

1101 Majestic Way, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,246 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.78 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-9031-00I-0020-1
Lot Number2
SubdivisionAvalon Addition Phase Ii (Cwy)
Land UseResidential
Legal DescriptionAVALON ADDITION PHASE II (CWY), BLK I, LOT 2
Census Tract031320
Assessed Land Value$120,750
Assessed Improvement Value$300,365
Assessment Year2025

About this property

Star gazers come east to this well groomed subdivision in which this large corner lot and house resides. Tax roll says 3 bdrms, yet it's actually 4 bdrms with eng.hardwoods throughout and tile in wet areas. Kitchen island along with precious nooks in multiple rooms adds to the detail of this open floor plan. Take your party outdoors in this incredible backyard with extended, stamped concrete patio and custom planters. No one behind you peeking in, as this green area is the key neighborhood spot for sledding when the rare snows comes! Gorgeous rock wall,provided by builder, separates you and neighbor. So come see us and say thank you to the night sky as your wish has been granted! You're Home !

Investor Tools

Property Icon
$421,115
Estimated Property Value
$181,944Estimated Mortgage Balance
$239,171Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,527 /month
Positive
Cash Flow Estimate:
$842 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,418
$421,115
2025
$120,750
$300,365
$421,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,418
$421,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pentagon Fcu
Conventional
$169,000
No
First
Dec 4, 2019
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,944
$239,171
56%
43%
$1,224/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,344/mo
+$1,216/mo
7.3%

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.

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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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