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$399,000

406 Washington Pl, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.54 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Water Heater, Convection Oven, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-2249-00C-0030-1
Lot Number3
SubdivisionPresidential Estates (Cwy)
Land UseResidential
Legal DescriptionPRESIDENTIAL ESTATES (CWY), BLK C, LOT 3
Census Tract031332
Assessed Land Value$110,000
Assessed Improvement Value$282,416
Assessment Year2025

About this property

Pride of ownership shines in this quiet neighborhood with NO HOA. Step inside to a move-in ready home with rich updated flooring, an updated kitchen and TWO Master Suites. An open great room greets you with French doors opening to a large covered patio out back. The kitchen boasts granite countertops, an LG gas range with double ovens, and a breakfast bar opening to a casual dining space. Just off the entry is a versatile dining room that can serve as a home office or 2nd living space. The primary master suite has French doors opening to the back yard, a spacious bath with a separate tub and shower and a big walk-in closet. The 2nd master boasts a double walk-in shower and dual vanities. Updates include vinyl, double hung windows, HVAC's in 2016 and 2017, water heater and roof in 2017, fresh paint, and the washer, dryer and fridge stay. Outside is an extra parking pad for boat or RV, a roomy storage building, raised beds for gardening and a fabulous covered patio with ceiling fans.

Investor Tools

Property Icon
$392,416
Estimated Property Value
$347,500Estimated Mortgage Balance
$54,719Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,884
$392,416
2025
$110,000
$282,416
$392,416
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,884
$392,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$347,500
No
First
Oct 21, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,697
$54,719
13%
86%
$2,084/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,084/mo
+$476/mo
7.8%

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.

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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406 Washington Pl | Property Details | No Agent List