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$374,000

NAL Estimated Property Value

405 Rutledge Drive, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.71 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-5131-00G-0160-1
Lot Number16
SubdivisionMeadows Of Birmingham Phase 1 (Cwy)
Land UseResidential
Legal DescriptionMEADOWS OF BIRMINGHAM PHASE 1 (CWY), BLK G, LOT 16
Census Tract031318
Assessed Land Value$95,000
Assessed Improvement Value$268,518
Assessment Year2025

About this property

Wonderful one-story 4 bedroom, 2 bathroom home in desirable Meadows of Birmingham! The spacious, open floor plan could be used as a 3 bedroom with a study or second living, or as a 4 bedroom due to the location of the 4th bedroom. The home includes gorgeous wood flooring in the family room and hallways, tiled entry, kitchen & baths and a spacious family room with a wood burning fireplace. Huge island kitchen with tons of cabinets and counter space over look the beautiful back yard! Large master suite with garden tub and separate shower. All bedrooms and living areas are large and accommodate large pieces of furniture. GOOGLE 405 RUTLEDGE DRIVE VIRTUAL WALK THRU for a video tour of this great listing!

Investor Tools

Property Icon
$374,000
Estimated Property Value
$169,882Estimated Mortgage Balance
$204,118Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,244 /month
Positive
Cash Flow Estimate:
$748 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
$232/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,099
$363,518
2025
$95,000
$268,518
$363,518
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,099
$363,518

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$192,000
No
First
Jun 2, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,882
$204,118
54%
45%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,384/mo
+$1,956/mo
10.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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405 Rutledge Drive | Property Details | No Agent List