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$495,000

1111 Highridge Dr, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,122 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.27 / sqft
Year BuiltBuilt in 1985

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 Cooktop, Electric Oven, Electric Water Heater, Double Oven, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size1.71 acres

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces4

Land Information

APN60211500010070000
Lot Number7,7-8
SubdivisionTwin Creek Ranch
Land UseResidential
Legal DescriptionTWIN CREEK RANCH ESTATES BLK A LT 7 & PT LT 8 JURIS SPLIT REM IN COLLIN CO INT202200177968 DD06242022 CO-DC 2115000100700
Census Tract018155
Assessed Land Value$221,780
Assessed Improvement Value$331,840
Assessment Year2025

About this property

OFFER DEADLINE EXTENDED, TO TUESDAY MAY 17TH, 2022 AT 9:00 PM, PICTURESQUE 2 ACRES IN WYLIE WITH SHOP! Quality Craftsmanship in this home built with love and featuring a custom built-in hutch and desk in the breakfast nook; wood burning stove with custom brick work in the living room; hand-crafted red oak wood details throughout the home like windowsills, paneling, and molding. The 28 x 36 SHOP features Heating and Cooling, 2 car garage door, some benches, and anchors for a car lift. Is it your dream workshop, or your man cave, or a “she shed” or art studio? The options are endless. Plenty of storage space inside the home with multiple closets and outside with a garden shed on the back of the garage and an external 14x16 shed near the shop. Located in an unincorporated part of Dallas Co and Collin Co. Such a unique lot nestled up next to a creek surrounded by an abundance of mature trees! This home is perfectly positioned to enjoy the amazing views from the kitchen and living room.

Investor Tools

Property Icon
$553,620
Estimated Property Value
$550,000Estimated Mortgage Balance
$43,868Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,322 /month
Positive
Cash Flow Estimate:
$1,107 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$815/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,006
$553,620
2025
$221,780
$331,840
$553,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,006
$553,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$550,000
Yes
First
Jun 24, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$509,752
$43,868
7%
92%
$3,298/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$3,898/mo
$-1,338/mo
5.5%

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.

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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