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$499,900

304 Magnolia Dr, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,823 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.08 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,820 sqft

Building Information

Year Built2017
Stories2
Garage Spaces3

Land Information

APNR-11282-00B-0590-1
Lot Number59
SubdivisionKreymer Estates Phase 4 (Cwy)
Land UseResidential
Legal DescriptionKREYMER ESTATES PHASE 4 (CWY), BLK B, LOT 59
Census Tract031320
Assessed Land Value$136,500
Assessed Improvement Value$379,237
Assessment Year2025

About this property

Highly motivated and priced to sell! Welcome to this gorgeous home, nestled on a spacious lot in a quiet neighborhood with fantastic community amenities! Lovingly maintained by its original owners, this home offers the perfect blend of comfort, style, and functionality. The 3-car garage provides ample storage, while the built-in mud station with updated paint just off the garage is ideal for staying organized. The formal dining room also features updated paint, giving the home a fresh and inviting feel. Inside, you’ll find a bright and open layout with generous living spaces—perfect for relaxing or entertaining. Enjoy mornings on the charming front porch with your coffee or wind down on the covered back patio—a great space for hosting friends and family. The neighborhood boasts a community pool, playground, park, and beautifully maintained hiking and bike trails that wind throughout the area, perfect for outdoor enthusiasts. With motivated sellers, fresh updates, and a well-cared-for home in a peaceful setting, this one is a must-see!

Investor Tools

Property Icon
$515,737
Estimated Property Value
$334,000Estimated Mortgage Balance
$173,373Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,094 /month
Positive
Cash Flow Estimate:
$1,031 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$936/month
$620/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,656
$515,737
2025
$136,500
$379,237
$515,737
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,656
$515,737

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$334,000
No
First
Jun 1, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,364
$173,373
33%
66%
$2,303/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,923/mo
+$417/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.

Explore Texas Explore This Area
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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304 Magnolia Dr | Property Details | No Agent List