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$380,753

NAL Estimated Property Value

1811 Spinnaker Way, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,659 Sq Ft
price_per_sqft$235.08 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringCarpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3969-011-0150-1
Lot Number15
SubdivisionNewport Harbor Addition Phase Iv (Cwy)
Land UseResidential
Legal DescriptionNEWPORT HARBOR ADDITION PHASE IV (CWY), BLK 11, LOT 15
Census Tract031308
Assessed Land Value$95,000
Assessed Improvement Value$285,753
Assessment Year2025

About this property

MULTIPLE OFFERS, HIGHEST AND BEST DUE WED. 7.13 BY 3PM. Gorgeous single story home with pool now available in the quiet and quaint neighborhood of Newport Harbor, no HOA. In excellent move-in ready condition, home includes an open and inviting layout with neutral color schemes and modern updates. Please see Transaction Desk for list of all the updates that was done on the home, many smart features as well, like Smart Kwikset Deadbolt with keypad at front door, Smart Stainless Steel convection oven, Smart Honeywell Pro series thermostat, Smart garage door add-on, Smart Skybell Doorbell, Smart Full Security with Qolsys touchscreen panel. The backyard offers privacy with the property line backing up to a greenbelt, many mature trees on the lot as well. Full of entertainment opportunities between the pool and pergola, many memories will be made here. Home is zoned to the highly rated Wylie ISD school district!!

Investor Tools

Property Icon
$380,753
Estimated Property Value
$361,733Estimated Mortgage Balance
$19,020Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$787/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,543
$380,753
2025
$95,000
$285,753
$380,753
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,543
$380,753

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$378,300
No
First
Dec 4, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,733
$19,020
4%
95%
$2,269/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,269/mo
+$291/mo
8.1%

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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1811 Spinnaker Way | Property Details | No Agent List