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$291,000

185 Lakeview Dr, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.85 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
AppliancesMicrowave, Convection Oven, Refrigerator, Tankless Water Heater
FlooringVinyl

Exterior

Lot Size19,036 sqft

Building Information

Year Built1982
Stories1

Land Information

APNR-0756-000-0530-1
Lot Number53,54
SubdivisionHillside Bay
Land UseResidential
Legal DescriptionHILLSIDE BAY, LOT 53 & 54
Census Tract031321
Assessed Land Value$90,000
Assessed Improvement Value$91,023
Assessment Year2025

About this property

NO CITY TAXES. Stunning home on Lakeview Drive. Escape to this beautifully updated 3-bedroom home located near Lake Ray Hubbard. Situated on a spacious corner lot, this property offers a serene retreat with easy access to the lake. A brand new roof and gutters have been installed, along with an additional 80k in upgrades and improvement's. The oversized large living room provides the perfect gathering spot for family and friends and is open to the stunning kitchen with its modern amenities and beautiful design. The thoughtful craftsmanship extends to every corner, with coordinated light fixtures and a harmonious color theme from countertops to backsplash. The flex room with double french doors offers an excellent space for an office or a kids playroom. There is plenty of space to utilize and enjoy. The workshop attached to the carport has electric access and offers an excellent space to work on weekend projects or store equipment. The fenced backyard is a perfect space for entertaining. Don't miss your chance to live in a beautifully upgraded home situated on a corner lot, just moments from the lake!

Investor Tools

Property Icon
$291,000
Estimated Property Value
$242,250Estimated Mortgage Balance
$53,016Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,540
$181,023
2025
$90,000
$91,023
$181,023
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,540
$181,023

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rain City Capital Llc
Commercial
$242,250
No
First
May 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,984
$53,016
18%
82%
$1,453/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,453/mo
+$1,107/mo
10.6%

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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185 Lakeview Dr | Property Details | No Agent List