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$387,071

NAL Estimated Property Value

2004 Colby Lane, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,738 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.05 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2008
Stories1
Garage Spaces2

Land Information

APNR-9222-00D-0030-1
Lot Number3
SubdivisionWylie Lakes Phase 1a (Cwy)
Land UseResidential
Legal DescriptionWYLIE LAKES PHASE 1A (CWY), BLK D, LOT 3
Census Tract031308
Assessed Land Value$115,500
Assessed Improvement Value$271,571
Assessment Year2025

About this property

STUNNING and beautifully updated home on .29 acre lot. This love home is straight out of a magazine and features light and bright kitchen with beautiful marble counters and back splash, farm sink, ample cabinet and counter space plus white cabinets. Split master suite with big master bath with separate tub and shower. Engineered hardwoods and beautiful crown moulding through out. Stunning corner fireplace with custom mantle. Huge yard with room for pool or play. Close to Lake Lavon with easy access to highway 78. This home is adorable.

Investor Tools

Property Icon
$387,071
Estimated Property Value
$182,849Estimated Mortgage Balance
$204,222Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$627/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,594
$387,071
2025
$115,500
$271,571
$387,071
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,594
$387,071

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$212,000
No
First
Jun 20, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,849
$204,222
52%
47%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,542/mo
+$1,018/mo
7.9%

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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2004 Colby Lane | Property Details | No Agent List