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$393,469

200 Canyon Lake Drive, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.42 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Plumbed For Ice Maker, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APNR-4989-00N-0010-1
Lot Number1
SubdivisionTwin Lakes Phase Iv (Cwy)
Land UseResidential
Legal DescriptionTWIN LAKES PHASE IV (CWY), BLK N, LOT 1
Census Tract031323
Assessed Land Value$102,600
Assessed Improvement Value$290,869
Assessment Year2025

About this property

OFFERS ARE IN REVIEW. NO MORE SHOWING, Deadline for offers was 9pm on 12-15. Money Magazine in 2019 named Wylie Texas as #20 of Best Places to Live in the Country. The home is in Twin Lakes subdivision, known for their extra large lots. The Sprawling front & back yard, and the huge Covered Patio make it perfect for entertaining friends, and family. The interior features 4 Bedrooms, 2 Living Areas, and 2 eating areas. The potential is unlimited with the sprawling space the front room offers, and great open floor plan is a sure crowd pleaser.

Investor Tools

Property Icon
$393,469
Estimated Property Value
$0Estimated Mortgage Balance
$153,796Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,361 /month
Positive
Cash Flow Estimate:
$787 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,529
$393,469
2025
$102,600
$290,869
$393,469
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,529
$393,469

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Fha
$267,073
Yes
First
Jan 20, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,673
$153,796
39%
61%
$1,602/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,602/mo
+$1,738/mo
10.2%

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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200 Canyon Lake Drive | Property Details | No Agent List