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$238,000

NAL Estimated Property Value

307 N 2nd Street, Wylie, TX, 75098

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.29 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesElectric Cooktop, Electric Range, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Lot Size8,146 sqft

Building Information

Year Built1955
Stories1
Roof Type105

Land Information

APNR-1169-005-0020-1
Lot Number2
SubdivisionRailroad (Cwy)
Land UseResidential
Legal DescriptionRAILROAD (CWY), BLK 5, LOT 2
Census Tract031319
Assessed Land Value$85,000
Assessed Improvement Value$82,115
Assessment Year2025

About this property

CHARMING DOLLHOUSE! OPORTUNITY IS KNOCKING! NEEDS SOME TLC! An amazing value in a great established neighborhood in Wylie! Excellent opportunity for an investment or starter home! Charming little home with cute front porch! Kitchen has new tiled floor, cabinet and counter! Master bedroom has wood flooring! Large backyard with some trees! New 6x8 shed! Back wood deck!Roof 2016!

Investor Tools

Property Icon
$238,000
Estimated Property Value
$56,777Estimated Mortgage Balance
$181,223Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,690
$167,115
2025
$85,000
$82,115
$167,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,690
$167,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$66,120
No
First
Apr 29, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,777
$181,223
76%
24%
$397/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$397/mo
+$1,633/mo
10.2%

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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307 N 2nd Street | Property Details | No Agent List