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$460,485

NAL Estimated Property Value

706 Rainsville Dr, Wylie, TX, 75098

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,312 Sq Ft
price_per_sqft$117.45 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCarpet, Combination, Tile

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8486-00A-0250-1
Lot Number25
SubdivisionBirmingham Farms Phase 14b (Cwy)
Land UseResidential
Legal DescriptionBIRMINGHAM FARMS PHASE 14B (CWY), BLK A, LOT 25
Census Tract031318
Assessed Land Value$95,000
Assessed Improvement Value$365,485
Assessment Year2025

About this property

Spacious and well cared for, this home reflects years of pride of ownership and offers a solid foundation for a new owner to make it their own. The floor plan is both generous and functional, featuring a large open living and kitchen area on the main level with excellent flow for everyday living and entertaining. The kitchen offers abundant space and flexibility, while multiple living areas provide options for gathering, working, or relaxing. All bedrooms are located upstairs, including an oversized primary suite with ample room for a sitting area and a private bath. Secondary bedrooms are well proportioned and thoughtfully arranged around a central family room, creating separation and versatility. With over 3,300 square feet, a classic brick exterior, and a layout that has stood the test of time, this home offers strong bones, space to grow, and the opportunity to personalize while building long term value. Buyer and buyer’s agent to verify all information, including square footage, schools, and property features.

Investor Tools

Property Icon
$460,485
Estimated Property Value
$148,517Estimated Mortgage Balance
$311,968Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,763 /month
Positive
Cash Flow Estimate:
$921 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
$85/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,010
$460,485
2025
$95,000
$365,485
$460,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,010
$460,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cendera Funding Inc
Conventional
$188,000
No
First
Jun 2, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,517
$311,968
67%
32%
$1,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,213/mo
+$2,127/mo
8.7%

Learn About the Market: Opportunity in Texas

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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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706 Rainsville Dr | Property Details | No Agent List