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$433,000

NAL Estimated Property Value

1308 Cahaba Dr, Wylie, TX, 75098

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,076 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.54 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesFire Pit

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APNR-5129-00M-0140-1
Lot Number14
SubdivisionBirmingham Farms Phase 3a (Cwy)
Land UseResidential
Legal DescriptionBIRMINGHAM FARMS PHASE 3A (CWY), BLK M, LOT 14
Census Tract031308
Assessed Land Value$95,000
Assessed Improvement Value$313,676
Assessment Year2025

About this property

Welcome to 1308 Cahaba, a truly amazing home that offers the perfect blend of space, comfort, and convenience! This beautiful property features five generously sized bedrooms, providing plenty of room for family and guests. The bathrooms have been updated and provide a modern touch. The huge game room, complete with 7.1 surround sound, is perfect for movie nights, gaming, or entertaining. This beautifully maintained property features a massive backyard, offering plenty of space for outdoor fun, gatherings, or relaxing under the open sky. Located in a cul-de-sac and just minutes from top-rated schools and scenic parks. Plus, the city recreation center is only a couple of miles away, providing so many events and activities year-round. Don't miss this incredible opportunity—schedule your showing today!

Investor Tools

Property Icon
$433,000
Estimated Property Value
$404,586Estimated Mortgage Balance
$28,414Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$723/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,514
$408,676
2025
$95,000
$313,676
$408,676
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,514
$408,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$8,100
No
First
Mar 19, 2025
Mar 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,586
$28,414
6%
93%
$2,478/mo

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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1308 Cahaba Dr | Property Details | No Agent List