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$496,472

NAL Estimated Property Value

1323 Lantern Faith Dr, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,311 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.3 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size8,320 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNR-11127-0II-0140-1
Lot Number14
SubdivisionInspiration Phase 3b-1
Land UseResidential
Legal DescriptionINSPIRATION PHASE 3B-1, BLK II, LOT 14
Census Tract031314
Assessed Land Value$160,000
Assessed Improvement Value$336,472
Assessment Year2025

About this property

Welcome to a home that truly delivers on space, style, and everyday livability! This beautifully laid-out one-story sits just steps from a neighborhood playground and offers the perfect blend of comfort and function. From the moment you walk through the rounded entry, you’re greeted with a warm, inviting feel that immediately feels like home. A formal Dining room offers flexibility for hosting, holidays, or even a second living space. The heart of the home opens up into a light-filled Living area with a cozy corner fireplace, seamlessly connected to a spacious Kitchen and breakfast area designed to impress. Featuring granite countertops, stainless steel appliances, a gas range, and extended cabinetry, this space is made for both everyday living and effortless entertaining. Tucked away for privacy, the oversized Primary Suite is a true retreat with a beautiful bay window adding extra space and natural light. The ensuite Bathroom offers a large glass shower, soaking tub, dual sinks, and a generous walk-in closet. Secondary Bedrooms are thoughtfully placed and offer great size and versatility for guests, kids, or a home Office setup. Enjoy a Covered Patio that’s perfect for relaxing, overlooking a large grassy backyard with plenty of room to play, garden, or simply unwind. Step outside your front door and enjoy the convenience of a nearby playground, plus easy access to all that makes Inspiration so special. From resort-style pools and a lazy river to a two-story fitness center, pickleball courts, trails, and year-round community events—this is more than a neighborhood, it’s a lifestyle. And with Lake Lavon and Collin Park Marina just minutes away, weekends just got a whole lot more fun!

Investor Tools

Property Icon
$496,472
Estimated Property Value
$471,057Estimated Mortgage Balance
$25,415Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,979 /month
Positive
Cash Flow Estimate:
$993 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,199/month
$870/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,911
$496,472
2025
$160,000
$336,472
$496,472
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,911
$496,472

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$508,250
No
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$471,057
$25,415
5%
95%
$3,048/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$3,918/mo
$-1,358/mo
6.2%

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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1323 Lantern Faith Dr | Property Details | No Agent List