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$280,000

521 Shore Dr, Wylie, TX, 75098

Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths1,437 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.85 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringTile, Wood

Exterior

Exterior FeaturesDeck
Lot Size17,860 sqft

Building Information

Year Built1985
Stories1
Garage Spaces1

Land Information

APNR-0797-002-020A-1
Lot Number20A,21
SubdivisionNorth Bay Estates No 2
Land UseResidential
Legal DescriptionNORTH BAY ESTATES NO 2, BLK B, LOT 20A & 21
Census Tract031321
Assessed Land Value$123,750
Assessed Improvement Value$149,523
Assessment Year2025

About this property

Enjoy the space and freedom that's becoming harder to find. Situated on nearly half an acre outside Wylie city limits, this move-in-ready home offers NO HOA, NO city property taxes, and the peaceful feel of country living, all less than 4 miles from Historic Downtown Wylie and under 10 miles from President George Bush Turnpike. Inside, you'll appreciate the thoughtful updates throughout, including engineered wood flooring installed in 2021, newer HVAC system (2021), energy-efficient windows and attic insulation (2022), and a newly replaced roof (July 2026). These improvements provide modern style, improved comfort, and peace of mind for years to come. The over-sized backyard is made for enjoying the outdoors. Sip your morning coffee on the covered deck, host weekend barbecues, or relax in the gazebo while reading a book. If you've been searching for an affordable home with room to spread out, this property delivers. The efficient floor plan makes everyday living easy, while the nearly half-acre lot gives you the flexibility to garden, park your boat or RV, build a workshop, or simply enjoy the privacy that's becoming increasingly difficult to find. All of this, plus highly rated Wylie ISD, makes this a rare opportunity.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$216,000Estimated Mortgage Balance
$83,877Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,014
$273,273
2025
$123,750
$149,523
$273,273
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,014
$273,273

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$216,000
No
First
Oct 26, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,248
$90,752
31%
70%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,296/mo
+$2,044/mo
14.3%

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.

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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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521 Shore Dr | Property Details | No Agent List