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Owner Contacts

$698,807

NAL Estimated Property Value

1913 Cobalt Bayou Ln, Wylie, TX, 75098

Off Market

6 Beds

4 Bath

3,750 Sq Ft

Single Family Residence

$197.33 / sqft

Built in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 6

Bathrooms Full 2.5

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Double Oven

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony, Built-in Barbecue, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Other, Garden

Lot Size8,973 sqft

Building Information

Year Built2019

Stories2

Garage Spaces2

Land Information

APNR-11541-0JJ-0200-1

Lot Number20

SubdivisionInspiration Phase 3b-2

Land UseResidential

Legal DescriptionINSPIRATION PHASE 3B-2, BLK JJ, LOT 20

Census Tract031314

Assessed Land Value$192,000

Assessed Improvement Value$506,807

Assessment Year2025

About this property

STUNNING LAKESIDE home with incredible views and luxurious amenities! Located in the award-winning community of Inspiration, this home is perfect for those seeking tranquility and comfort. Inspiration is an award-winning community featuring 5 pools, lazy river, fitness center, dog parks, sand volleyball, putting green, zip line, pickleball, & MORE! Well-maintained home featuring up AND down primary suites, multiple living spaces, front AND rear balconies that offer breathtaking views of Lake Lavon and Corp of Engineers land. Rear stone patio is perfect for hosting outdoor gatherings. Equipped with an outdoor kitchen, this space is ideal for preparing delicious meals while enjoying the beautiful scenery. This open floor plan further includes a chef-inspired kitchen with stone countertops and dual ovens, wood-like tile flooring, formal dining, and beautiful stone flowerbeds and walkways. Don't miss out on this rare opportunity for true lakeside living!

Investor Tools

$698,807

Estimated Property Value

$545,202Estimated Mortgage Balance

$153,605Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,440 /month

Positive

Cash Flow Estimate:

$1,480 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,580/month

$591/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,466

$698,807

2025

$192,000

$506,807

$698,807

Tax History

Year

Tax Paid

Assessed Value

2024

$15,466

$698,807

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Dmd Financial Corp

Conventional

$574,000

First

Aug 7, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$545,202

$153,605

21%

78%

$3,442/mo

Learn About the Market: Opportunity in Texas

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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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