Heads-up, investors! Priced well below tax value! This one has all sorts of potential, as it is zoned commercial or residential and visible from Highway 78 across from downtown Wylie. It also has a strong POSSIBILITY for a special use permit to build a duplex since road access is through a neighborhood and there are a number of duplexes on the street. THIS WOULD HAVE TO GO BEFORE THE CITY. Gorgeous backyard, original nail-down hardwoods in several rooms. Currently it has a house tax-dated at 1961, but likely built in the late 30's. It has significant wood rot, foundation problems, and the likliehood of wood-destroying insects, but is habitable, just selling AS-IS. Third bedroom and bath is in converted one-car garage. Will need cash or investor loan. It was rented recently, but would not return well in its present condition. Business next door in Victorian house includes counseling and holistic practices.
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Price Unknown
207 Masters Ave, Wylie, TX 75098
3beds
1,359sqft
Single Family Residence
Built in 1961
7,492 Square Feet Lot
$226,100 Zestimate®
$--/sqft
$1,988 Estimated rent
Home value
$226,100
$192,000 - $258,000
$1,988/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Betsy Cowan 0483464 972-979-3580,
Team 1 DFW Properties 972-979-3580
Bought with:
Betsy Cowan
Team 1 DFW Properties
Source: NTREIS,MLS#: 21023488
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 14 x 11
Bedroom
- Level: First
- Dimensions: 13 x 11
Bedroom
- Level: First
- Dimensions: 12 x 10
Kitchen
- Features: Eat-in Kitchen
- Level: First
- Dimensions: 16 x 12
Laundry
- Level: First
- Dimensions: 7 x 6
Living room
- Level: First
- Dimensions: 15 x 13
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range
Features
- Eat-in Kitchen, High Speed Internet, Cable TV
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,359 sqft
Property
Parking
- Parking features: Concrete, Gravel
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Back Yard,Wood
Lot
- Size: 7,492 Square Feet
- Features: Back Yard, Lawn
Details
- Parcel number: R116902000501
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Railroad
HOA
- Has HOA: No
Location
- Region: Wylie
Financial & listing details
- Tax assessed value: $245,000
- Annual tax amount: $4,784
- Date on market: 8/5/2025
- Cumulative days on market: 17 days
- Listing terms: Cash
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listing removed | $2,000$1/sqft |
Source: FMLS GA #7726896 Report a problem | ||
| 3/1/2026 | Listed for rent | $2,000$1/sqft |
Source: FMLS GA #7726896 Report a problem | ||
| 9/26/2025 | Sold | -- |
Source: NTREIS #21023488 Report a problem | ||
| 9/8/2025 | Pending sale | $180,000$132/sqft |
Source: NTREIS #21023488 Report a problem | ||
| 8/23/2025 | Contingent | $180,000$132/sqft |
Source: NTREIS #21023488 Report a problem | ||
| 8/5/2025 | Listed for sale | $180,000+1.1%$132/sqft |
Source: NTREIS #21023488 Report a problem | ||
| 12/1/2019 | Listing removed | $178,000$131/sqft |
Source: Ultima Real Estate #14161201 Report a problem | ||
| 8/11/2019 | Listed for sale | $178,000+6%$131/sqft |
Source: Ultima Real Estate #14161201 Report a problem | ||
| 12/10/2016 | Listing removed | $168,000$124/sqft |
Source: Tunmire Realty LLC #13450467 Report a problem | ||
| 8/26/2016 | Listed for sale | $168,000$124/sqft |
Source: Tunmire Realty LLC #13450467 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,776 -0.2% | $245,000 +1.1% |
| 2024 | $4,784 -2.1% | $242,228 -1.8% |
| 2023 | $4,887 -6.8% | $246,593 +3.2% |
| 2022 | $5,242 +37.5% | $238,915 +47.5% |
| 2021 | $3,811 +21% | $161,959 +25.8% |
| 2020 | $3,148 -6.9% | $128,707 -5.5% |
| 2019 | $3,381 -14.2% | $136,148 -9.2% |
| 2018 | $3,938 +53.6% | $149,866 +22.9% |
| 2017 | $2,563 | $121,943 +32.2% |
| 2016 | $2,563 +17% | $92,249 +4.2% |
| 2015 | $2,190 | $88,497 +14.6% |
| 2014 | $2,190 | $77,236 -0.9% |
| 2013 | -- | $77,956 +22.2% |
| 2012 | -- | $63,790 -2.9% |
| 2011 | -- | $65,687 -3.9% |
| 2010 | -- | $68,370 +0.2% |
| 2009 | -- | $68,203 -5.5% |
| 2008 | -- | $72,206 -0.1% |
| 2007 | -- | $72,265 -6.9% |
| 2006 | -- | $77,644 +0.5% |
| 2005 | -- | $77,236 +7.3% |
| 2004 | -- | $71,984 -2.7% |
| 2003 | -- | $73,954 -1.4% |
| 2002 | -- | $74,969 +10% |
| 2001 | -- | $68,154 +10% |
| 2000 | -- | $61,958 |
Find assessor info on the county website
Neighborhood: 75098
Nearby homes
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- $485,0683 bd2 ba1.4k sqft200 S 2nd St, Wylie, TX 75098Off Market
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- $213,5003 bd1 ba2k sqft301 Masters Ave, Wylie, TX 75098Off Market
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Nearby schools
GreatSchools rating
- 10/10R F Hartman Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 9/10Grady Burnett Junior High SchoolGrades: 7-8Distance: 0.6 mi
- 8/10Wylie East High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Birmingham
- High: Wylie East
- District: Wylie ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$226,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$226,100
- Texas
- Collin County
- Wylie
- 75098
- 207 Masters Ave
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