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$325,000

$331,000

203 Grassy Creek Dr, Wylie, TX, 75098

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,539 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.18 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4531-00K-0220-1
Lot Number22
SubdivisionLakeside Estates Phase Ii (Cwy)
Land UseResidential
Legal DescriptionLAKESIDE ESTATES PHASE II (CWY), BLK K, LOT 22
Census Tract031332
Assessed Land Value$95,000
Assessed Improvement Value$258,852
Assessment Year2025

About this property

PRICED BELOW MARKET VALUE!!! Move in with equity! Beautiful Wylie Home Near Parks, Schools & Shopping Welcome to this move-in-ready Wylie home featuring fresh interior paint, granite kitchen countertops. The spacious kitchen offers ample cabinet and counter space, with a dining area overlooking the backyard. New roof was just installed. The private primary suite provides a comfortable retreat. The 2 car garage has been partially converted into a bedroom, creating flexible living space, and can be converted back to a garage if desired with a reasonable offer. Step outside to enjoy a large fenced backyard with a mature shade tree, storage building, and an expansive covered patio—perfect for relaxing, entertaining, or weekend barbecues. Located in highly rated Wylie ISD, this home is minutes from Wylie High School, Collin College's Wylie Campus, and major commuter routes. Everyday conveniences are nearby, including H-E-B, ALDI, Super Target, Baylor Scott & White, and a variety of shopping and dining options. A standout feature of this property is its proximity to Lakeside Park, where residents enjoy a community pool, private lake, basketball court, soccer field, playground, and covered gathering areas. Nearby Sage Creek Park offers additional recreational opportunities. Whether you're searching for a place to call home or an investment opportunity, this property combines practical updates, flexible living space, outdoor enjoyment, and an exceptional location in one of Wylie's most convenient neighborhoods. Schedule your private showing today!

Investor Tools

$120,414Estimated Mortgage Balance
$233,438Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,123 /month
Positive
Cash Flow Estimate:
$708 /month

Interested in this property?

Melanie Mulamba

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,562
$353,852
2025
$95,000
$258,852
$353,852
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,562
$353,852

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midland Mortgage
Fha
$125,010
Yes
First
Jul 12, 2021
Mar 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,414
$233,438
65%
34%
$795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,095/mo
+$1,465/mo
8.7%

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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203 Grassy Creek Dr | Property Details | No Agent List