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$543,000

NAL Estimated Property Value

1838 Morning Mist Way, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,803 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.56 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size16,379 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10655-00A-0090-1
Lot Number9
SubdivisionInspiration Phase 1a-2
Land UseResidential
Legal DescriptionINSPIRATION PHASE 1A-2, BLK A, LOT 9
Census Tract031314
Assessed Land Value$152,297
Assessed Improvement Value$386,672
Assessment Year2025

About this property

Meticulously maintained home features two beds down and two beds up with a game room. Situated at the end of a cul-de-sac on a generously oversized lot in the award-winning resort-style community of Inspiration. Easy access in out of the neighborhood. What is even better than a big yard? An automatic mower included w purchase! Wood floors throughout main areas downstairs and a large open kitchen great for entertaining. Kitchen is complete with 42-inch cabinets, ss appliances, a huge island, tile backsplash, gas cooktop built-in, and granite c-tops. Custom closet featured in primary bedroom. The community has 5 pools, a lazy river, two story community fitness center, dog parks, sand volleyball, putting green, pickle ball courts, walking trails and more, making it perfect for active lifestyles. Best of all, it is located within walking distance of an elementary school, neighborhood amenities, lake, and is just minutes away from downtown Wylie, shopping, restaurants, and entertainment.

Investor Tools

Property Icon
$543,000
Estimated Property Value
$436,966Estimated Mortgage Balance
$106,034Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,320/month
$592/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,126
$538,969
2025
$152,297
$386,672
$538,969
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,126
$538,969

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$463,200
No
First
Apr 6, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,966
$106,034
19%
80%
$2,778/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,370/mo
$-30/mo
7.4%

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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1838 Morning Mist Way | Property Details | No Agent List