Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$352,535

NAL Estimated Property Value

309 Lake Wichita Drive, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,634 Sq Ft
price_per_sqft$201.9 / sqft
Year BuiltBuilt in 2001

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 Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Laminate

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4608-00K-0260-1
Lot Number26
SubdivisionTwin Lakes Phase Iii (Cwy)
Land UseResidential
Legal DescriptionTWIN LAKES PHASE III (CWY), BLK K, LOT 26
Census Tract031323
Assessed Land Value$90,000
Assessed Improvement Value$262,535
Assessment Year2025

About this property

***Multiple Offers Received. HIGHEST AND BEST Offer on Wednesday 19, 2022 at 6:00 pm. Beautifully Home in a wonderful Wylie neighborhood and Wylie school district, 3 bedrooms, 2 bath, stainless steel appliances, cabinetry, granite counters, new flooring throughout. Features large living area with fireplace, Beauty backyard with covered patio. MUST SEE IT!

Investor Tools

Property Icon
$352,535
Estimated Property Value
$274,083Estimated Mortgage Balance
$78,452Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,115 /month
Positive
Cash Flow Estimate:
$705 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,714
$352,535
2025
$90,000
$262,535
$352,535
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,714
$352,535

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$297,900
No
First
Feb 15, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,083
$78,452
22%
78%
$1,787/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,787/mo
+$773/mo
8.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

309 Lake Wichita Drive | Property Details | No Agent List