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$440,000

2020 Successful Drive, Wylie, TX, 75098

$442,891 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,219 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.29 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size6,316 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-11752-00N-0380-1
Lot Number38
SubdivisionInspiration Phase 5a-2
Land UseResidential
Legal DescriptionINSPIRATION PHASE 5A-2, BLK N, LOT 38
Census Tract031314
Assessed Land Value$140,000
Assessed Improvement Value$329,000
Assessment Year2025

About this property

Welcome to this beautifully maintained one-story home in the sought-after Inspiration community! Perfectly positioned just minutes from top-rated Bush Elementary AND the incredible amenities of Club Inspiration. Exceptional curb appeal welcomes you with an upgraded garage door, charming planters, refreshed landscape, and a warm, inviting presence. Inside, wood-look tile flooring flows through the main areas, while matte black hardware, updated lighting, and stylish ceiling fans create a fresh, modern feel with cozy character. Designed for everyday living, the versatile 12x12 Flex Room can serve as a second living area, playroom, gym, or formal space, while the centrally located pocket office with built-in cabinets and desk is perfect for working from home. The open-concept layout brings everyone together with a spacious Living Room featuring a fireplace, Kitchen with granite countertops and stainless steel appliances with gas cooktop, and an inviting dining area. Split bedrooms offer privacy, with a spacious Primary Suite tucked away for relaxation. Enjoy bay windows, dual sinks, a separate tub, oversized shower, and a HUGE walk-in closet. Additional highlights include a mud bench by the garage entry, laundry room with cabinets and sink, and a designer accent wall in the front bedroom. Step outside to the Covered Patio with gas stub, ready for grilling and entertaining, all overlooking a large grassy backyard with room to play or unwind. Inspiration is located along the shores of Lake Lavon with resort-style amenities such as multiple pools, lazy river, 2 story fitness center, pickleball courts, sand volleyball, playgrounds, dog parks, scenic trails, lake access, HOA events, and more! Fridge, washer & dryer stay for extra convenience!

Investor Tools

$282,756Estimated Mortgage Balance
$186,244Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$442,890
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$978/month
$870/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,391
$469,000
2025
$140,000
$329,000
$469,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,391
$469,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Conventional
$316,977
No
First
Oct 15, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,756
$186,244
39%
60%
$1,901/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,771/mo
$-211/mo
6.6%

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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2020 Successful Drive | Property Details | No Agent List