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$694,806

NAL Estimated Property Value

1502 Miracle Mile, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.85 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Wood

Exterior

Lot Size12,531 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-11753-00L-0300-1
Lot Number30
SubdivisionInspiration Phase 6
Land UseResidential
Legal DescriptionINSPIRATION PHASE 6, BLK L, LOT 30
Census Tract031314
Assessed Land Value$178,500
Assessed Improvement Value$516,306
Assessment Year2025

About this property

Back on the market! Please submit your best offer by June 6 5pm. This 2020 home sits on large corner lot backing to trees and hiking path. Across the street is a park and walking paths. This home features 4 bedrooms, 3 full baths, guest suite on main floor, large gameroom, media, open concept main living, kitchen and dining room. There is beautiful hardwood floors on the entire main level, tall ceilings, quartz counters, storage and lrg closets, electric shade windows overlooking fabulous backyard and trees. The oversized garage features storage for motocyles, golf cart or lake toys. The neighborhood has fabulous amenity center perfect for families and kids to swim, workout and enjoy the outdoors mins from lake

Investor Tools

Property Icon
$694,806
Estimated Property Value
$430,459Estimated Mortgage Balance
$264,347Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,169 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,436/month
$1,075/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,763
$694,806
2025
$178,500
$516,306
$694,806
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,763
$694,806

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$475,000
No
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,459
$264,347
38%
62%
$2,848/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,923/mo
$-583/mo
5.8%

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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1502 Miracle Mile | Property Details | No Agent List