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$445,000

1844 Elida Ln, Wylie, TX, 75098

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.37 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringWood

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size1.14 acres

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APNR-7099-000-0090-1
Lot Number9
SubdivisionNathaniel Alterberry Survey
Land UseResidential
Legal DescriptionABS A1099 NATHANIEL ALTERBERRY SURVEY, TRACT 9, 1.141 ACRES
Census Tract031321
Assessed Land Value$199,675
Assessed Improvement Value$212,373
Assessment Year2025

About this property

If you’ve been looking for more space without giving up the convenience of Wylie, 1844 Elida Lane stands apart! Situated on approximately 1.14 acres with no HOA, this property offers the space, privacy, and flexibility to truly make it your own. The single-story home features 4 bedrooms, 2 full bathrooms, and approximately 1,652 square feet, with an inviting kitchen complete with granite countertops, an island, and an eat-in dining area. Outside, a spacious detached shop provides valuable additional space for projects, hobbies, equipment, or storage. A gated entrance, generous parking, and an expansive outdoor area add even more functionality to the property. Located within Wylie ISD and convenient to shopping, dining, and major routes, this home offers a unique combination of acreage and everyday accessibility. 1844 Elida Lane gives you the extra space and possibilities that can be hard to find in Wylie.

Investor Tools

$52,870Estimated Mortgage Balance
$359,178Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

Interested in this property?

Miriam Melendez

Keller Williams Realty DPR

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,545
$412,048
2025
$199,675
$212,373
$412,048
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,545
$412,048

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Credit Line (Revolving) / Heloc
$60,001
No
First
Jul 20, 2020
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,870
$359,178
87%
13%
$360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$360/mo
+$2,200/mo
7.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1844 Elida Ln | Property Details | No Agent List