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$335,000

408 W Oak St, Wylie, TX, 75098

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,464 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.83 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave

Exterior

Private PoolPrivate Pool

Building Information

Year Built1985
Stories1
Garage Spaces1

Land Information

APNR-1503-010-0170-1
Lot Number17
SubdivisionRustic Oaks Phase Two (Cwy)
Land UseResidential
Legal DescriptionRUSTIC OAKS PHASE TWO (CWY), BLK J, LOT 17
Census Tract031319
Assessed Land Value$90,000
Assessed Improvement Value$243,968
Assessment Year2025

About this property

Welcome to your dream home! Incredible opportunity to purchase a well maintained 3 bedroom 2 bath property with sparkling in ground pool! This one story residence offers an abundance of natural light, fresh paint, new LVP flooring throughout living areas, and new carpet in bedrooms. This beautiful home boasts a spacious kitchen that opens to the breakfast area, granite countertops, and a primary suite with separate shower & tub. Brand new windows and 1 year old roof! Schedule a showing today!

Investor Tools

Property Icon
$333,968
Estimated Property Value
$228,121Estimated Mortgage Balance
$107,168Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

Interested in this property?

Garrett Lamb

Southern Hills Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$735
$333,968
2025
$90,000
$243,968
$333,968
No

Tax History

Year
Tax Paid
Assessed Value
2024
$735
$333,968

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Commercial
$228,121
No
First
Mar 17, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,800
$107,168
32%
68%
$1,368/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,368/mo
+$1,192/mo
9.2%

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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408 W Oak St | Property Details | No Agent List