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$397,000

1500 Millbrook Ln, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,988 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.16 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APNR-5129-00C-0010-1
Lot Number1
SubdivisionBirmingham Farms Phase 3a (Cwy)
Land UseResidential
Legal DescriptionBIRMINGHAM FARMS PHASE 3A (CWY), BLK C, LOT 1
Census Tract031308
Assessed Land Value$95,000
Assessed Improvement Value$294,033
Assessment Year2025

About this property

Beautifully Maintained 3-Bedroom with a Study Located on an Oversized Corner-Lot Home in Wylie, TX This meticulously cared-for 3-bedroom, 2-bath home sits proudly on a desirable corner lot in the heart of Wylie. Designed for comfort and style, it features a spacious open-concept layout with split bedrooms for added privacy and a dedicated home office perfect for remote work or study. The gourmet kitchen boasts quartz countertops, sleek cabinetry, and a functional layout that flows effortlessly into the living and dining areas—ideal for both everyday living and entertaining. Step outside to your own backyard retreat: a huge, beautifully maintained yard with a covered patio and an outdoor living kitchen area—perfect for Texas BBQs, gatherings, and relaxing evenings under the stars. Storage Shed for All Your Gardening Tools. With its prime location, thoughtful floor plan, and exceptional upkeep, this home is truly move-in ready and waiting for its next chapter. You will Love the Community Pool and Splash Park.

Investor Tools

Property Icon
$397,000
Estimated Property Value
$0Estimated Mortgage Balance
$397,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,984
$389,033
2025
$95,000
$294,033
$389,033
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,984
$389,033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$397,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$230/mo
+$2,330/mo
7.7%

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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1500 Millbrook Ln | Property Details | No Agent List