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$385,000

116 Cliffbrook Drive, Wylie, TX, 75098

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,668 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.3 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Refrigerator

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8623-00C-0090-1
Lot Number9
SubdivisionSouthbrook Phase I (Cwy)
Land UseResidential
Legal DescriptionSOUTHBROOK PHASE I (CWY), BLK C, LOT 9
Census Tract031323
Assessed Land Value$90,000
Assessed Improvement Value$334,212
Assessment Year2025

About this property

Investor opportunity with tenant in place through April 30, 2027, offering immediate rental income in a highly desirable neighborhood. This spacious 4-bedroom home features a flexible floor plan with multiple living areas designed for long-term tenant appeal and functional everyday living. The open-concept kitchen includes a breakfast bar and flows seamlessly into the main living spaces, while the formal dining room, oversized front living area, and separate game room provide exceptional versatility for entertaining, working from home, or additional living space. The private primary suite features a large bath with a stand-up shower and garden tub, and the secondary bedrooms are generously sized. Covered front and back porches add to the home’s appeal and functionality. Major system updates and improvements include a new roof in May 2025, dishwasher and microwave replaced in March 2025, hot water heater replaced in February 2026, and HVAC system replaced in November 2022. Tenant occupied through April 30, 2027. Photos were taken prior to the current tenant’s occupancy.

Investor Tools

$8,454Estimated Mortgage Balance
$415,758Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,545 /month
Positive
Cash Flow Estimate:
$848 /month

Interested in this property?

Melissa Cox

Cox Premier Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$834/month
$140/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,890
$424,212
2025
$90,000
$334,212
$424,212
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,890
$424,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Mortgage Llp
Stand Alone Second / Subordinate Position
$18,175
No
First
Mar 28, 2006
Apr 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,454
$415,758
98%
2%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$140/mo
+$3,200/mo
9.4%

City: Wylie

116 Cliffbrook Drive | Property Details | No Agent List