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$295,000

1929 Fountain Spray Dr, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,602 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.37 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee 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, Gas Range, Microwave, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8797-00A-0260-1
Lot Number26
SubdivisionCascades Phase 2 (Cwy)
Land UseResidential
Legal DescriptionCASCADES PHASE 2 (CWY), BLK A, LOT 26
Census Tract031308
Assessed Land Value$131,250
Assessed Improvement Value$328,870
Assessment Year2025

About this property

Now available in the heart of Wylie for under $300k and it just got even better, fresh carpet recently installed and it is move-in ready. Conveniently located on an over-sized corner lot in a very family-friendly neighborhood. Here you'll find kids playing outside at the community playground while enjoying the beautiful views of the many ponds which are within walking distance of the home. The home itself features an open floor plan great for entertaining, the living room is ginormous. The kitchen is a chef's dream, lots of granite counter space, island and cabinets galore. All bedrooms are located downstairs with only a spacious game room up. Hurry and schedule your appt today and be prepared to fall in love!

Investor Tools

Property Icon
$460,120
Estimated Property Value
$236,000Estimated Mortgage Balance
$253,038Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,761 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,394
$460,120
2025
$131,250
$328,870
$460,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,394
$460,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$236,000
No
First
Feb 28, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,082
$253,038
54%
45%
$1,415/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,790/mo
+$1,550/mo
8.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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1929 Fountain Spray Dr | Property Details | No Agent List