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$445,679

1402 Rain Tree Drive, Wylie, TX, 75098

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,492 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.31 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-5132-00B-0040-1
Lot Number4
SubdivisionCascades The #1 (Cwy)
Land UseResidential
Legal DescriptionCASCADES THE #1 (CWY), BLK B, LOT 4
Census Tract031308
Assessed Land Value$125,000
Assessed Improvement Value$320,679
Assessment Year2025

About this property

Beautiful 5 BEDROOM home in Wylie! This lovely abode features plush carpeting, rich wood flooring, updated lighting, and more! Marvel at the open floor plan upon entering! Kitchen boasts stainless steel appliances, custom maple cabinets, granite counter tops, and stylish tile back splash. Family room sits right off of kitchen and flaunts a cozy fireplace! Master bedroom features an updated bath and is a great spot for some R&R! Venture in the backyard that showcases a gorgeous wood deck, a perfect place to entertain! Close proximity to golf course, schools, lake, parks, highways, and more! This gem truly has it all, come see today!

Investor Tools

Property Icon
$445,679
Estimated Property Value
$0Estimated Mortgage Balance
$257,836Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,674 /month
Positive
Cash Flow Estimate:
$891 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,808
$445,679
2025
$125,000
$320,679
$445,679
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,808
$445,679

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$212,300
No
First
Jun 16, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,843
$257,836
57%
42%
$1,273/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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1402 Rain Tree Drive | Property Details | No Agent List