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$315,000

1111 Old Knoll Drive, Wylie, TX, 75098

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,265 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.01 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

High EquityMove-In Ready

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
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesLighting

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-2084-00D-0160-1
Lot Number16
SubdivisionWyndham Estates Phase Ii (Cwy)
Land UseResidential
Legal DescriptionWYNDHAM ESTATES PHASE II (CWY), BLK D, LOT 16
Census Tract031320
Assessed Land Value$85,000
Assessed Improvement Value$188,963
Assessment Year2025

About this property

OPEN HOUSE - SAT, JUNE 13th 1-3pm! NEW REDUCED PRICE! Welcome home to one of the cutest and most affordable starter homes you’ll find! From the moment you arrive, you’ll feel the care and pride of ownership that shines throughout this darling home. Inside, you’re greeted with fresh paint, charming accent walls, and thoughtful modern updates that make the space feel both cozy and current. Majority of the popcorn ceilings have been removed, and you’ll love the updated light fixtures, along with newer electrical outlets and switches that add a polished touch. This well-maintained home offers 3 bedrooms, 2 bathrooms, and a 2-car garage, all centered around a spacious living room with vaulted ceilings and a warm wood-burning fireplace, the perfect spot to gather with family or unwind after a long day. Step outside and enjoy your private backyard retreat, complete with an open patio ideal for morning coffee or weekend BBQs. The extended rear driveway provides extra parking, a rare and valuable bonus! Recent improvements include beautifully refreshed front flower bed landscaping, painted front door and a remodeled guest bathroom, making this home truly move-in ready. Location is everything, and this one is hard to beat! You’re within walking distance to the brand-new Kreymer Elementary, as well as the upcoming Hampton Intermediate and Parker Jr. High (opening Fall 2026) all within Highly Rated Wylie ISD. No HOA, No MUD, No PID. Plus, with easy access to Hwy 78 and 205, you’ll love being close to all the exciting growth in the area, including the historic downtown Wylie, new shopping, dining, and more on the way. This sweet home is full of charm, updates, and opportunity and it’s ready for its next chapter. Don’t miss your chance to make it yours!

Investor Tools

Property Icon
$285,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,580
$273,963
2025
$85,000
$188,963
$273,963
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,580
$273,963

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$305,550
No
First
Aug 9, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$580,440
N/A
0%
204%
$3,664/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$3,664/mo
$-1,104/mo
10.8%

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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1111 Old Knoll Drive | Property Details | No Agent List