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$335,000

230 Lake Wichita Dr, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,635 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.89 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Exterior

Exterior FeaturesStorage

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4166-00H-0110-1
Lot Number11
SubdivisionTwin Lakes Phase Ii (Cwy)
Land UseResidential
Legal DescriptionTWIN LAKES PHASE II (CWY), BLOCK H, LOT 11
Census Tract031323
Assessed Land Value$94,500
Assessed Improvement Value$245,500
Assessment Year2025

About this property

OPEN HOUSE - SAT, JUNE 13th 1-3pm! First Time Homebuyer Alert in the heart of Wylie! This charming and move-in ready 3 bedroom, 2 bath home offers the perfect combination of comfort, convenience, and value in highly sought after Wylie ISD. Located within walking distance to the junior high and intermediate schools, plus the community park featuring baseball and soccer fields, playground, splash park, and pickleball courts, this location is ideal for enjoying an active lifestyle and staying connected to the community. Brand NEW ROOF 2026 and freshly painted exterior of home! Inside, you’ll love the FRESH PAINT, NEW CARPET in bedrooms, updated LVP flooring and tile that make this home feel fresh and inviting. The spacious family room features a cozy wood-burning fireplace and ceiling fan, creating the perfect gathering space for family and friends. The island kitchen offers plenty of workspace, a pantry, and opens nicely to the living area for easy entertaining. A large utility room with an additional pantry provides exceptional storage and functionality. The private primary suite includes a relaxing garden tub, separate shower, ceiling fan, and walk-in closet. Step outside to a large backyard with a COVERED PATIO with two ceiling fans that is perfect for summer grilling, outdoor entertaining, and plenty of room for kids and pets to play. The spacious 2 car garage has an extra storage area, extra lighting and is equipped for climate control with an LG mini split system and insulated attic. It would make a great workshop, home office, workout room or game room, endless possibilities! Don’t miss this wonderful opportunity to own an affordable, well-maintained home, No HOA, in one of the most desirable areas of Wylie!

Investor Tools

Property Icon
$340,000
Estimated Property Value
$201,000Estimated Mortgage Balance
$155,070Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,101
$340,000
2025
$94,500
$245,500
$340,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,101
$340,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$201,000
No
First
Apr 7, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,930
$155,070
45%
54%
$1,206/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,206/mo
+$1,354/mo
9.0%

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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230 Lake Wichita Dr | Property Details | No Agent List