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B+
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$371,000

612 Willow Way, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,089 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.51 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

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
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APNR-1292-001-0270-1
Lot Number27
SubdivisionWestwind Meadows No 2 (Cwy)
Land UseResidential
Legal DescriptionWESTWIND MEADOWS NO 2 (CWY), BLK 1, LOT 27
Census Tract031322
Assessed Land Value$75,000
Assessed Improvement Value$261,877
Assessment Year2025

About this property

Move-in ready and lovingly maintained, this 3-bed, 2-bath home offers exceptional value on nearly a third of an acre, without sacrificing the space you actually use. Instead of a traditional garage, the enclosed flex room with a built-in bar functions beautifully as a game room, media room, man cave, or second living area. A 2-car carport provides covered parking and can double as a spacious outdoor patio, while the backyard storage shed adds plenty of room for tools, toys, or hobbies. Enjoy peace of mind with major updates: HVAC replaced in July 2025, water heater in 2024, newer windows, and a new roof scheduled for installation prior to closing. The property sits in a quiet, mature neighborhood with no HOA and no neighbors behind, giving you privacy and room to breathe. Walk to Valentine Park, enjoy top-rated Wylie ISD, and live just minutes from charming Downtown Wylie, local dining, shopping, Hwy 78, and PGBT. This home blends comfort, convenience, and extra living space in all the right ways. Come see why it’s a standout in today’s market!

Investor Tools

Property Icon
$371,000
Estimated Property Value
$313,500Estimated Mortgage Balance
$84,716Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,313
$336,877
2025
$75,000
$261,877
$336,877
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,313
$336,877

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$313,500
No
First
Dec 20, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,284
$84,716
22%
77%
$1,880/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,880/mo
+$680/mo
8.3%

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.

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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612 Willow Way | Property Details | No Agent List