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$475,000

1716 Karma Dr, Wylie, TX, 75098

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.62 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Range, Microwave, Double Oven

Exterior

Lot Size6,250 sqft

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-11126-00M-0580-1
Lot Number58
SubdivisionInspiration Phase 3a
Land UseResidential
Legal DescriptionINSPIRATION PHASE 3A, BLK M, LOT 58
Census Tract031314
Assessed Land Value$140,000
Assessed Improvement Value$390,000
Assessment Year2025

About this property

Welcome home to this beautifully maintained, like-new 4-bedroom, 3-bath residence located in the highly sought-after Inspiration community of Wylie, TX—where lifestyle, location, and comfort come together effortlessly. Meticulously cared for and move-in ready, this home offers a thoughtful layout designed for both everyday living and entertaining. The spacious primary suite provides a private retreat, featuring a spa-inspired ensuite with double vanities, a separate soaking tub, and a walk-in shower. Three additional bedrooms offer flexibility for family, guests, or a home office. Upstairs, an oversized loft creates endless possibilities—perfect for a game room, media room, playroom, or second living area tailored to your needs. Step outside and enjoy your own private oasis as the backyard backs to the community walking path, offering peaceful mornings and relaxing evenings with added privacy and serene views—no direct rear neighbors. Whether sipping coffee at sunrise or unwinding after a long day, this outdoor setting is truly special. Location is everything, and this home delivers. Enjoy the convenience of being within walking distance to highly rated George Bush Elementary (Wylie ISD), making daily routines effortless. Just minutes away, Collin Park Marina at Lake Lavon offers boat slips, rentals, a lakeside restaurant, fishing, and even a sandy beach area for swimming—bringing a resort-style lifestyle right to your doorstep. Residents of Inspiration enjoy award-winning amenities including scenic trails, parks, pools, fitness facilities, and community events that foster a true sense of connection. Combining top-tier schools, outdoor recreation, and a beautifully designed home, this property offers the perfect balance of comfort and lifestyle. Don’t miss the opportunity to own a home that truly has it all—schedule your private showing today and experience Inspiration living at its finest.

Investor Tools

$415,080Estimated Mortgage Balance
$114,920Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

Interested in this property?

Johanna Rodriguez

OnDemand Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,083/month
$989/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,341
$530,000
2025
$140,000
$390,000
$530,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,341
$530,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$440,000
No
First
May 10, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$415,080
$114,920
21%
78%
$2,639/mo

City: Wylie