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$259,000

NAL Estimated Property Value

2207 Colby Lane, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,325 Sq Ft
price_per_sqft$150.87 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2008
Stories1
Garage Spaces1

Land Information

APNR-9223-00E-0390-1
Lot Number39
SubdivisionWylie Lakes Phase 1b (Cwy)
Land UseResidential
Legal DescriptionWYLIE LAKES PHASE 1B (CWY), BLK E, LOT 39; AMENDED AMENDED
Census Tract031308
Assessed Land Value$66,500
Assessed Improvement Value$188,177
Assessment Year2025

About this property

Back On The Market! Super Cute 3-2-1 One Story Duplex, Just off HWY 78, Mins from Lake Lavon, Firewheel Shopping & George Bush Turnpike. This Half Duplex Offers - Superb Location for Commuters, Wylie ISD, Great Drive-Up Appeal with Treeline View, Very Open Design with Tall Ceilings, Split Bedroom Floor plan for Master Bedroom Privacy, Kitchen offers Tons of Cabinets, Tile Backsplash, Black Appliances Including Side By Side Refrigerator & Walk In Pantry, Master Bath includes Garden Tub, Stand Up Shower, Dual Sinks & Walk-In Closet, Ceramic Tile, Upgraded Carpet, Storm Door, Ceiling Fans, Arches, Round Corners, Blinds, Gutters, Private Backyard with Treeline View, & Walking distance to Community Park & Playground

Investor Tools

Property Icon
$259,000
Estimated Property Value
$166,617Estimated Mortgage Balance
$92,383Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
$140/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,808
$254,677
2025
$66,500
$188,177
$254,677
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,808
$254,677

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$187,540
Yes
First
Aug 26, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,617
$92,383
35%
64%
$1,125/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,265/mo
+$1,295/mo
11.9%

City: Wylie

2207 Colby Lane | Property Details | No Agent List