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$593,838

1616 Teakwood Dr, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,947 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.99 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APNR-8114-00H-0180-1
Lot Number18
SubdivisionCountry Ridge Phase A (Cwy)
Land UseResidential
Legal DescriptionCOUNTRY RIDGE PHASE A (CWY), BLK H, LOT 18
Census Tract031330
Assessed Land Value$157,500
Assessed Improvement Value$436,338
Assessment Year2025

About this property

BACK ON THE MARKET DUE TO BUYERS'S CONTINGENCY FALLING THROUGH...Fantastic well cared for one owner home in sought after Country Ridge Estates. This beautiful Paul Taylor home features 4 bedrooms, 3.5 baths and an oversized 3 car garage on a huge lot. Upon entry you will find the first living area and dining room. The office and 2nd bedroom are located down a private hallway along with the second full bath. The office has a large closet and could easily be a 5th bedroom. The spacious eat-in-kitchen boast double ovens, gas cooktop, tons of storage, and a butlers pantry that connects to the dining room. The large family room is open to the kitchen and has wood floors and a wood burning fireplace with gas starter and has backyard views. The primary bedroom has a sitting area and a nice ensuite bath with a garden tub, separate shower, double vanity and a walk-in closet and is zoned with its own heating and AC. The half bath is located downstairs along with the laundry room with cabinets and a sink. Located upstairs is the game room, media room, bedroom 3 and 4 and the 3rd full bath with hall access and is also connected to one of the bedrooms. The large lot has a full sprinkler system and fully fenced huge backyard with a board on board cedar fence. Other features include a large driveway, and lots of attic storage, 3 energy efficient AC units, NEW ROOF MAY 2025. Don't miss out!

Investor Tools

Property Icon
$593,838
Estimated Property Value
$469,600Estimated Mortgage Balance
$48,775Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,023/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,303
$593,838
2025
$157,500
$436,338
$593,838
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,303
$593,838

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Stand Alone Second / Subordinate Position
$26,700
No
First
Jan 15, 2013
Feb 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$563,649
$30,189
5%
95%
$3,559/mo

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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1616 Teakwood Dr | Property Details | No Agent List