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$440,467

218 Martin Drive, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,570 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.34 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Stone, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR-2462-00D-0240-1
Lot Number24
SubdivisionTwin Lakes Subdivision Phase 1 (Cwy)
Land UseResidential
Legal DescriptionTWIN LAKES SUBDIVISION PHASE 1 (CWY), BLK D, LOT 24
Census Tract031323
Assessed Land Value$90,000
Assessed Improvement Value$350,467
Assessment Year2025

About this property

Wonderful one owner home in the heart of Wylie! This home has four bedrooms and 2.5 baths. The kitchen has been updated with white cabinets, backsplash, granite and new flooring. It has a large eat in area and opens to the family room, with wood flooring, a fireplace and freshly painted paneling. Formal living and dining room or flex rooms are also downstairs, with wood flooring, fresh paint along with a powder bath. Master bedroom is large and has a dual vanity, walk in closet and separate tub and shower. Secondary bedrooms are spacious with large closets. The backyard has it all, an amazing pool and a beautiful extended covered patio! Plenty of room to entertain! NO HOA! This home is more than move in ready!

Investor Tools

Property Icon
$440,467
Estimated Property Value
$0Estimated Mortgage Balance
$219,825Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,643 /month
Positive
Cash Flow Estimate:
$881 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$919/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,822
$440,467
2025
$90,000
$350,467
$440,467
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,822
$440,467

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leaderone Financial Corp
Conventional
$254,150
No
First
Sep 27, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,642
$219,825
49%
50%
$1,524/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,524/mo
+$1,816/mo
9.1%

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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218 Martin Drive | Property Details | No Agent List