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$449,900

1911 Fairlake Dr, Wylie, TX, 75098

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.78 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Double Oven
FlooringCeramic Tile, Hardwood

Building Information

Year Built2008
Stories1
Garage Spaces2

Land Information

APNR-9532-00S-0060-1
Lot Number6
SubdivisionWoodbridge Phase 13 (Cwy)
Land UseResidential
Legal DescriptionWOODBRIDGE PHASE 13 (CWY), BLK S, LOT 6
Census Tract031322
Assessed Land Value$131,250
Assessed Improvement Value$357,008
Assessment Year2025

About this property

If you are looking for a beauyifully maintained 3 bedroom, 2 bath home that is turnkey ready. This is for you. Situated on a desirable corner lot in the Woodbridge community, this charming house features beautiful hand-scraped hardwood floors throughout. A comfortable and functional floorplan features a dedicated office or flexable bonus space, and a convenient built-in desk near the kitchen. Pride of ownership is evident throughout. Enjoy access to outstanding neighborhood amenities, including community pools, parks, walking trails, golf and playgrounds. The Lennox air-conditioning system, furnace and coil were replaced on November 17, 2022 and include a warranty through November 17, 2027.

Investor Tools

Property Icon
$488,258
Estimated Property Value
$138,000Estimated Mortgage Balance
$368,194Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,930 /month
Positive
Cash Flow Estimate:
$977 /month

Interested in this property?

Robin Hunt

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,486
$488,258
2025
$131,250
$357,008
$488,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,486
$488,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$138,000
No
First
Dec 9, 2019
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,064
$368,194
75%
25%
$828/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,458/mo
+$1,882/mo
8.2%

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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