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$371,000

NAL Estimated Property Value

618 Sumter Drive, Wylie, TX, 75098

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,595 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.7 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh 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, Electric Water Heater, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2004
Stories1
Garage Spaces1

Land Information

APNR-8196-00A-0120-1
Lot Number12
SubdivisionMeadows Of Birmingham Phase 2 (Cwy)
Land UseResidential
Legal DescriptionMEADOWS OF BIRMINGHAM PHASE 2 (CWY), BLK A, LOT 12
Census Tract031318
Assessed Land Value$95,000
Assessed Improvement Value$268,745
Assessment Year2025

About this property

SWIMMING POOL! WYLIE ISD! Located in the heart of Birmingham farms, this 3 bed, 2bath home with backyard swimming pool and covered patio is the perfect mix of cozy and entertaining living. Enjoy restful evenings relaxing on the covered patio or taking a refreshing dip in your swimming pool. Enter the home and be greeted to the spacious living room with brick fireplace and open access to the kitchen. The kitchen features ss appliances, an island and large walk-in pantry. With enough room to fit a table to share family dinners. The kitchen leads out to the relaxing cover patio to enjoy beautiful Texas evenings. The Master suite is spacious with good closet space and a large tile shower. Two separate bedroom feature spacious area and good closet space to use for family or guests. The backyard swimming pool is a sports pool perfect for kids and adults to enjoy a refreshing dip in the hot Texas sun. The saltwater pool has been well taken care of and is maintained regularly by the owner. The backyard also features a 8ft board on board privacy fence. The home features a Tesla solar panel electric system that has been installed on the roof. The system has significantly lowered the owners electric bill during the hot Texas summers, when homes are known to use the most electricity. Newly installed luxury vinyl plank flooring throughout. The highly regarded Wylie ISD is a great district for kids to learn and grow. Wylie is located right off of HWY 78 and is a 20 minute drive to GBPT which gives greater access to shopping, entertainment and restaurants around the greater Dallas metroplex. Don't Miss This One!

Investor Tools

Property Icon
$371,000
Estimated Property Value
$297,656Estimated Mortgage Balance
$73,344Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,707
$363,745
2025
$95,000
$268,745
$363,745
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,707
$363,745

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$320,000
No
First
Aug 29, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,656
$73,344
19%
80%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,219/mo
+$341/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.

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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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618 Sumter Drive | Property Details | No Agent List