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$275,000

208 Waterwood Dr, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,872 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.9 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListDeal ListAbsentee 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, Gas Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4861-00O-0110-1
Lot Number11
SubdivisionLakeside Estates Phase Iii (Cwy)
Land UseResidential
Legal DescriptionLAKESIDE ESTATES PHASE III (CWY), BLK O, LOT 11
Census Tract031332
Assessed Land Value$95,000
Assessed Improvement Value$298,000
Assessment Year2025

About this property

Great one owner property in desirable Lakeside Estates close to tons of shopping, restaurants, grocery stores and City of Wylie Community Center which offers library and fitness center. Located in close proximity to community pool and pool house. Home has great versatile floorplan! Needs some updating but nothing paint and flooring can't fix! Secondary bedrooms are split from master! Huge living and dining areas upon entry that could be a great flex space or office. Kitchen has Samsung SS gas range and Samsung microwave that is fairly new. Water heater is approx 6 years old and Air Conditioner-Heater approx 3 years old. Huge back yard perfect for kids to play in! Roof, Gutters and downspout approx 6 years old. What a great property to put love in to and make it your own! Price reflects this to be a great property for an investor as well!

Investor Tools

Property Icon
$393,000
Estimated Property Value
$0Estimated Mortgage Balance
$393,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,358 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$763/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,196
$393,000
2025
$95,000
$298,000
$393,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,196
$393,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$393,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$300/mo
+$2,260/mo
7.8%

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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208 Waterwood Dr | Property Details | No Agent List