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$285,277

313 Lake Wichita Dr, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.63 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

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, Electric Range, Microwave
FlooringCarpet, Wood

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4608-00K-0240-1
Lot Number24
SubdivisionTwin Lakes Phase Iii (Cwy)
Land UseResidential
Legal DescriptionTWIN LAKES PHASE III (CWY), BLK K, LOT 24
Census Tract031323
Assessed Land Value$90,000
Assessed Improvement Value$195,277
Assessment Year2025

About this property

Welcome home! As you walk in the door you are welcomed to the living room by a high vaulted ceiling illuminated by the 3 large windows on the front of the home letting in ample amounts of natural lighting. To the far right side of the living is access to the dining area & kitchen which is decorated with beautiful white cabinets carrying a very airy bright flow thru-out the house. From the far left of the living room is the garage entrance & hallway down to bedrooms guest bath & master suite. From the hallway on the right is another way into kitchen. All bathrooms updated with decorative vanity, lighting & tile. From the living room you can access the gigantic L shaped back yard perfect for a game of football

Investor Tools

Property Icon
$285,277
Estimated Property Value
$0Estimated Mortgage Balance
$285,277Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,712 /month
Positive
Cash Flow Estimate:
$571 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$587/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,617
$285,277
2025
$90,000
$195,277
$285,277
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,617
$285,277

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$285,277
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
N/A
+$2,560/mo
10.8%

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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313 Lake Wichita Dr | Property Details | No Agent List