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$439,000

1717 Prosperity Drive, Wylie, TX, 75098

$464,953 ARVInfo
Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths2,083 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.75 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,146 sqft

Building Information

Year Built2020
Stories1
Garage Spaces3

Land Information

APNR-11756-0UU-0070-1
Lot Number7
SubdivisionInspiration Phase 5b
Land UseResidential
Legal DescriptionINSPIRATION PHASE 5B, BLK UU, LOT 7
Census Tract031314
Assessed Land Value$140,000
Assessed Improvement Value$341,465
Assessment Year2025

About this property

Discover Scandinavian-inspired style, exceptional energy efficiency and resort-style living in this beautifully designed single-story home located in the award-winning Inspiration master planned community. A standout feature is the fully paid-off Tesla solar panel system, offering long-term savings and sustainable living with no lease or additional payments to assume. Thoughtfully designed with flexibility in mind, the floorplan offers 3 bedrooms plus a versatile flex room that can serve as a guest room, game room, fitness room or second office. A separate formal living area near the entry creates an ideal dedicated home office or sitting room. The open-concept kitchen showcases warm wood cabinetry, light quartz countertops, subway tile backsplash and abundant workspace while overlooking the spacious living and dining areas. Light tile flooring and soft natural finishes create a bright and welcoming atmosphere throughout the home. The spacious primary suite offers vaulted ceilings, an oversized walk-in shower, dual sinks at the vanity and the rare convenience of separate his-and-hers walk-in closets. Residents of Inspiration enjoy resort-style amenities including multiple pools, a lazy river, fitness center, parks, trails, pickleball courts and a dog park. Just minutes from the shores of Lake Lavon, this home offers easy access to scenic lake views, outdoor recreation and miles of walking trails. Located within Wylie ISD and zoned to George W. Bush Elementary, an onsite school within the community that is rated 10 out of 10 by GreatSchools at the time of listing, this home offers the perfect blend of style, flexibility and lifestyle.

Investor Tools

$239,042Estimated Mortgage Balance
$242,423Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$464,952
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,889 /month
Positive
Cash Flow Estimate:
$963 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$966/month
$1,740/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,180
$481,465
2025
$140,000
$341,465
$481,465
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,180
$481,465

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$270,165
No
First
Jul 24, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,042
$242,423
50%
50%
$1,620/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$3,360/mo
$-800/mo
6.4%

City: Wylie