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$446,732

NAL Estimated Property Value

1318 Lake Trail Court, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,231 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.26 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APNR-8449-00B-0100-1
Lot Number10
SubdivisionLake Trails Of Bozman Farm (Cwy)
Land UseResidential
Legal DescriptionLAKE TRAILS OF BOZMAN FARM (CWY), BLK B, LOT 10
Census Tract031321
Assessed Land Value$105,000
Assessed Improvement Value$341,732
Assessment Year2025

About this property

Nice property in excellent location - close to front entrance and community pool. Lots of light in this house. Open floorplan features a large living room with gas starter fireplace and nice windows overlooking backyard. Kitchen has rich cabinetry, island, pantry and breakfast nook. Formal living and dining. Master suite has walk-in closet, dual vanities, large garden tub and separate shower. Buyer to verify any and all information provided by seller or sellers agent.

Investor Tools

Property Icon
$446,732
Estimated Property Value
$364,676Estimated Mortgage Balance
$82,056Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,680 /month
Positive
Cash Flow Estimate:
$893 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$544/month
$503/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,297
$446,732
2025
$105,000
$341,732
$446,732
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,297
$446,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Reverse Llc
Reverse Mortgage / Hecm
$420,000
No
First
Feb 3, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,676
$82,056
18%
82%
$1,886/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,389/mo
+$951/mo
9.0%

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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1318 Lake Trail Court | Property Details | No Agent List