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400 S 1st Street
WYLIE, TX 75098 · Lavon Terrace Add
$185,000
ActiveMLS# 21324835
3Beds
1Baths
1,316Sq Ft
$141/ Sq Ft
1970Year Built
1Story
0.15Acres
Investment opportunity with long term tenants in place! This tenant-occupied property is leased through January 1, 2027, providing immediate rental income. Home is being sold as is and is in need of repairs, presenting an excellent value add opportunity for investors. Ideal for a buy-and-hold strategy or future renovation potential once the current lease expires. Please do not disturb tenants. Showings by appointment only.
Room Details
| Room | Level | Size |
|---|---|---|
| Primary Bedroom | Main | 1 x 1 |
| Living Room | Main | 1 x 1 |
Property Details
| Type | Single Family Residence |
| County | Collin |
| Lot | 0.153 ac (6,664.68 sqft) |
| Annual Tax | $3,801 |
| Days on Market | 21 |
Schools
| District | Wylie ISD |
| Elementary | Akin |
| Middle | Burnett |
| High School | Wylie |
Est. Monthly Payment (20% down, 30yr)
| P&I (6.875%) | $972 |
| Est. Tax | $317 |
| Est. Total | $1,289/mo |
Schedule a Showing
(469) 854-1352
realtorkonda.com
● ActiveSingle Family Residence
$185,000
400 S 1st Street
WYLIE, TX 75098 · Lavon Terrace Add
3bd
1ba
1,316sqft
Built 1970
0.15acres
1story
21 days on market$141/sqftMLS# 21324835
About This Property
Investment opportunity with long term tenants in place! This tenant-occupied property is leased through January 1, 2027, providing immediate rental income. Home is being sold as is and is in need of repairs, presenting an excellent value add opportunity for investors. Ideal for a buy-and-hold strategy or future renovation potential once the current lease expires. Please do not disturb tenants. Showings by appointment only.
Property Details
Property Type
Residential
Sub Type
Single Family Residence
Status
Active
Bedrooms
3
Full Baths
1
Living Area
1,316 sqft
Lot Size
6,664.68 sqft
Lot (acres)
0.153
Stories
1
Year Built
1970
Community
Lavon Terrace AddTax & Appraisal
Rooms
| Room | Level | Size |
|---|---|---|
| Primary Bedroom | Main | 1 x 1 |
| Living Room | Main | 1 x 1 |
Interior Features
Other
Financial
Annual Tax
$3,801
Listing Information
Mortgage Calculator
Total Principal
$148,000
Total Interest
$202,012
Total Loan Payment
$350,012
Payoff Date
July 2056
$
$
%
%
Est. Payment
$1,366
/month
Principal & Interest$972
Property Tax
$
HOA Fees
$
Home Insurance
$
Total$1,366/mo
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
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View Online
https://realtorkonda.com/property/wylie-tx/lavon-terrace-add/400-s-1st-street-75098
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Keith Hendricks · Apex Property Management · 972-755-8901
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated Jul 8, 2026.
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Listing Agent
Keith Hendricks
Apex Property Management
