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$346,000

609 W Oak Street, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,758 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.09 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Cooktop, Gas Water Heater, Microwave
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2151-012-0040-1
Lot Number4
SubdivisionWestgate Phase I (Cwy)
Land UseResidential
Legal DescriptionWESTGATE PHASE I (CWY), BLK 12, LOT 4
Census Tract031319
Assessed Land Value$95,000
Assessed Improvement Value$237,971
Assessment Year2025

About this property

This updated, north-facing home features a open living area and includes two dining areas, a gas brick fireplace, a landscaped backyard, a gas stovetop, and laminate flooring in the open living space and all three bedrooms. Lots of possibilities! The front area of the large open living space could be walled off for an extra home office or small bedroom. Updates include a 2025 ROOF, 2025 WATER HEATER, 2025 GAS INSERT FOR FIREPLACE, 2025 WALL TEXTURE, 2025 PAINT, 2025 CABINET DOORS, and 2025 CEILING FANS. The foundation checked out just fine and still has a warranty. The HVAC was checked as well and has a 2025 thermostat. This property has a rear-facing, two-car garage with alley access. Conveniently located less than a mile from historic downtown Wylie and with quick access to Hwy 78 and FM 544 for commuting, shopping, and dining.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$0Estimated Mortgage Balance
$288,101Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,537
$332,971
2025
$95,000
$237,971
$332,971
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,537
$332,971

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$81,750
No
First
Jul 3, 2013
Aug 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,899
$288,101
83%
17%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
N/A
+$2,560/mo
8.9%

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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609 W Oak Street | Property Details | No Agent List