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$385,000

$395,000

1901 Bishop Barrel Ln, Wylie, TX, 75098

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,848 Sq Ft
price_per_sqft$208.33 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,000 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNR-11125-00Q-0490-1
Lot Number49
SubdivisionInspiration Phase 5a-1
Land UseResidential
Legal DescriptionINSPIRATION PHASE 5A-1, BLK Q, LOT 49
Census Tract031314
Assessed Land Value$135,000
Assessed Improvement Value$306,503
Assessment Year2025

About this property

This stunning Highland home offers 1,848 square feet of living space, featuring three bedrooms and two bathrooms. The single-story layout is particularly appealing due to its bright, open-concept design. The upgraded kitchen boasts a built-in microwave and gas cooktop, complemented by a pantry and a spacious island that overlooks the dining and family areas, which are enhanced by a charming stone fireplace. The expansive owner's suite is thoughtfully separated from the guest bedrooms and includes a luxurious ensuite bathroom with a linen closet, walk-in closet, garden tub, separate shower, and dual vanities. Outside, a covered patio provides a view of the generous backyard. Situated in the St. Paul-Wylie master-planned community of Inspiration, residents can take advantage of a wide array of amenities, including a resort-style pool, clubhouse, fitness center, ponds, playgrounds, dog parks, sand volleyball, pickleball, disc golf, and a putting green. Additionally, this home is conveniently located within the Wylie Independent School District, just a short walk from Bush Elementary. Tankless water heater, sprinkler system, paid off solar panels and more. Refrigerator, washer and dryer convey to new owner. Schedule your visit today!

Investor Tools

$0Estimated Mortgage Balance
$441,503Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,649 /month
Positive
Cash Flow Estimate:
$883 /month

Interested in this property?

Shaun Walding

RE/MAX DFW Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$760/month
$870/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,913
$441,503
2025
$135,000
$306,503
$441,503
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,913
$441,503

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$441,503
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$870/mo
+$1,690/mo
7.0%

City: Wylie