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$391,260

NAL Estimated Property Value

1120 Twin Lakes Drive, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,767 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.57 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

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, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-8401-00Q-0220-1
Lot Number22
SubdivisionTwin Lakes Phase V (Cwy)
Land UseResidential
Legal DescriptionTWIN LAKES PHASE V (CWY), BLK Q, LOT 22
Census Tract031323
Assessed Land Value$90,000
Assessed Improvement Value$301,260
Assessment Year2025

About this property

Delightful, light and bright, with neutral tones throughout this wonderfully designed home! The floor plan offers a large family room with corner fireplace, generous island kitchen with plenty of cabinetry and spacious dining area! The owners retreat has a separate shower, garden tub, dual sinks and a large walk-in closet! The secondary bedrooms share a hall bath. The utility room is huge and offers an area that additional shelving could be added for more pantry space OR could function as a sewing or crafting area. Enjoy the back yard with board on board fencing and approximate 30 x 11 covered rear patio! Nice landscaping, solar screens, sprinkler system, roof and gutters replaced in 2016! Easy access to PGBT.

Investor Tools

Property Icon
$391,260
Estimated Property Value
$239,673Estimated Mortgage Balance
$151,587Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,348 /month
Positive
Cash Flow Estimate:
$783 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,971
$391,260
2025
$90,000
$301,260
$391,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,971
$391,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$267,073
Yes
First
Jan 7, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,673
$151,587
38%
61%
$1,602/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,602/mo
+$958/mo
7.9%

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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1120 Twin Lakes Drive | Property Details | No Agent List