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$486,829

NAL Estimated Property Value

1718 Dreamers Way, Wylie, TX, 75098

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,222 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.73 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Microwave, Tankless Water Heater
FlooringVinyl

Exterior

Lot Size6,752 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-11756-0UU-0110-1
Lot Number11
SubdivisionInspiration Phase 5b
Land UseResidential
Legal DescriptionINSPIRATION PHASE 5B, BLK UU, LOT 11
Census Tract031314
Assessed Land Value$140,000
Assessed Improvement Value$346,829
Assessment Year2025

About this property

Come check out this charming home in the award winning community Inspiration! This home is walking distance to multiple parks, equestrian trails with lake access, dog parks, elementary school, and the community center! This Juniper floor plan by Gehan Homes that was built in 2020 sits on an oversized lot and has over $40,000 worth of upgrades including omega stone kitchen counters with a farmhouse sink, luxury vinyl plank in all bedrooms (soon to be main floor as well), whole home surge protector, extended back patio with beautiful rocked side yard, gas fireplace, stainless steel appliances, bay window extension in master bedroom, tankless hot water heater, and ring cameras on front and back of house!

Investor Tools

Property Icon
$486,829
Estimated Property Value
$282,031Estimated Mortgage Balance
$204,798Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,969 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,068/month
$538/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,381
$486,829
2025
$140,000
$346,829
$486,829
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,381
$486,829

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$300,001
No
First
Feb 24, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,031
$204,798
42%
58%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,337/mo
+$1,003/mo
8.2%

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.

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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