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$339,900

1418 Wagon Wheel Way, Krum, TX, 76249

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,964 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.07 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,329 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR744377
Lot Number19
SubdivisionHopkins Meadows Addition Phase 1
Land UseResidential
Legal DescriptionHOPKINS MEADOWS ADDITION PHASE 1 BLK B LOT 19
Census Tract020405
Assessed Land Value$99,936
Assessed Improvement Value$258,416
Assessment Year2025

About this property

Welcome home to this 3 bedroom, 2 bath home with a 2 car garage and dedicated office blends comfort, function, and style. Set on a quiet street, it offers both privacy and a welcoming neighborhood feel. Step inside to an open-concept floor plan that connects the kitchen, dining, and living areas into one bright, cohesive space ideal for both everyday living and entertaining. Large windows bring in natural light, and the main gathering area often centers around a stylish media wall. The kitchen serves as the heart of the home, typically featuring a generous island with seating, ample cabinetry, and modern finishes that make cooking and conversation effortless. The primary suite includes a spacious bedroom, a private bath with dual sinks and walk-in shower or soaking tub, and a walk-in closet. Two additional bedrooms share a well appointed second bath, offering flexibility for guests, family, or hobbies. The dedicated office set slightly apart from the main living area provides a peaceful space for remote work, study, or creative projects, adding true modern day practicality. Outside, you’ll likely find a covered patio perfect for relaxing or entertaining, while the attached two-car garage provides convenient storage and parking. Altogether, this home combines open living, thoughtful layout, and quiet surroundings designed for both productivity and relaxation.

Investor Tools

$235,430Estimated Mortgage Balance
$123,960Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,150 /month
Positive
Cash Flow Estimate:
$717 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,637
$358,352
2025
$99,936
$258,416
$358,352
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,637
$358,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Fha
$272,964
Yes
First
Jul 29, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,430
$140,570
37%
66%
$1,637/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,237/mo
$-117/mo
7.1%

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: Krum

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1418 Wagon Wheel Way | Property Details | No Agent List