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$600,000

$650,000

1621 Liberty Way Trl, Wylie, TX, 75098

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths3,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.33 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size8,744 sqft

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-10657-00H-0140-1
Lot Number14
SubdivisionInspiration Phase 1b
Land UseResidential
Legal DescriptionINSPIRATION PHASE 1B, BLK H, LOT 14
Census Tract031314
Assessed Land Value$160,000
Assessed Improvement Value$489,911
Assessment Year2025

About this property

This beautifully designed Meritage home blends energy efficiency, thoughtful upgrades, and flexible living spaces into one exceptional package! Featuring spray foam insulation, climate-controlled attic, and abundant natural light throughout, this home offers year-round comfort and efficiency with a bright, airy feel from the moment you step inside. The impressive Living Room showcases a beautiful fireplace, soaring ceilings and upper windows that flood the space with natural light, creating a warm yet dramatic focal point for everyday living and entertaining. Just off the entry, the front room provides the perfect work-from-home setup or play space. The Formal Dining Room also offers incredible versatility and can easily function as a second living area, playroom, or additional flex space to fit your lifestyle. The gourmet Kitchen is both stylish and functional, featuring quartz countertops, ss appliances, dual ovens, gas cooktop, oversized island, and convenient butler’s pantry ideal for entertaining and extra storage. The spacious Primary Suite is a true retreat with beautiful bay windows and ensuite spa-like bath w large walk-in closet, creating a relaxing and peaceful atmosphere. Upstairs, enjoy endless possibilities with a large Game Room, dedicated Media Room, AND an additional Flex Room perfect for a playroom, workout space, or hobby room. Additional highlights include custom window treatments, mudrack by garage entry, generous storage throughout, and thoughtful design touches at every turn. Step outside to the Covered Patio overlooking the grassy backyard, complete with a concrete pad and basketball hoop for outdoor fun and entertainment. Light, bright, functional, and BEAUTIFULLY maintained, this home truly checks all the boxes! Inspiration is located along the shores of Lake Lavon, and features resort-style amenities such as lazy river, multiple pools, 2 story fitness center, pickleball courts, sand volleyball, dog parks, playground, HOA events, and more!

Investor Tools

$409,978Estimated Mortgage Balance
$239,933Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,899 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Jocelyn Mills

Keller Williams Realty DPR

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,286/month
$870/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,188
$649,911
2025
$160,000
$489,911
$649,911
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,188
$649,911

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$353,591
No
First
Jun 9, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$409,978
$239,933
36%
63%
$2,038/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,908/mo
+$432/mo
6.2%

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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