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$254,073

2133 Colby Ln, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,234 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.75 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Tile

Building Information

Year Built2012
Stories1
Garage Spaces1

Land Information

APNR-9223-00E-0210-1
Lot Number21
SubdivisionWylie Lakes Phase 1b (Cwy)
Land UseResidential
Legal DescriptionWYLIE LAKES PHASE 1B (CWY), BLK E, LOT 21; * AMENDED * AMENDED
Census Tract031308
Assessed Land Value$66,500
Assessed Improvement Value$187,573
Assessment Year2025

About this property

This charming well maintained 3 Brm 2 Ba home is located directly across from Wylie Lakes for a beautiful view everyday. In 2022, Fortune Magazine named Wylie the 2nd Best Place for Families to Live in the Country. Enjoy recreational opportunities abound in Wylie, which includes a park system featuring more than 700 acres of parkland and open space, over 10 miles of trails, 15 playgrounds, eight pavilions, horseshoe pits, soccer, baseball and football fields, a nine-hole disc golf course, a cricket pitch and more. The recreation center features state-of-the-art workout equipment, a three-lane indoor track, guest WiFi, a climbing wall, a wide variety of activities and classes, rental space, and child care. Wylie's Senior Recreation Center ranked in the 2022 top 5 Best Wellness for Community according to International Council on Active Aging Centers. Wylie’s proximity to Lavon Lake and Lake Ray Hubbard provides even more places to gather and enjoy the outdoors. Make this your new home!

Investor Tools

Property Icon
$254,073
Estimated Property Value
$0Estimated Mortgage Balance
$254,073Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,920
$254,073
2025
$66,500
$187,573
$254,073
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,920
$254,073

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$254,073
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$150/mo
+$2,410/mo
12.1%

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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2133 Colby Ln | Property Details | No Agent List