6949 Freda Lane, Wylie, TX 75098
About $4,095 a month to live here, after the rent from the other home.
A duplex. Live in one home and rent out the other. How it works
Live here for about
The other home rents for $1,000. We hold back $180 of that for repairs and an empty month, and the rest goes toward a $4,915 monthly payment.
Income to qualify: about $128,000 a year
With how much down?
At 20% down ($150,000) and 5.6%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $103,000 of it. See the ten-year math
How we work this out
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$26,250 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Approximately 2 acres (±). No HOA. Equestrian ready, and a backyard that feels like your own private resort! Located outside Wylie's city limits, this cross-fenced property offers the freedom, space, and versatility that's increasingly hard to find. Equestrian enthusiasts will appreciate the 36x36 barn featuring four horse stalls, water, electricity, separate tack and tool rooms, plus an upstairs hay loft and storage. Whether you're keeping your own horses or exploring the possibility of boarding additional horses, this property offers plenty of potential! The 2,158 SF ranch-style home features 3 bedrooms, 2.5 baths, two living areas, a wood-burning masonry fireplace, maple cabinetry, granite countertops, and beautifully remodeled bathrooms. Numerous improvements over the years include roofing, windows, flooring, lighting, and HVAC. Need additional space? The separate 520 SF guest house offers a private entrance, full bathroom, dedicated heating and cooling, and plumbing for a future kitchenette—ideal for extended family, guests, or a home office. Outside, enjoy your own backyard retreat with a diving pool featuring updated plaster and tile, stamped decking, pergola, fire pit, and beautiful landscaping. Additional features include a 2-car carport and RV or boat parking. All this just minutes from Lake Lavon, historic downtown Wylie, shopping, dining, and major highways. A rare combination of country living, modern conveniences, and room to make it your own!
Duplex
Property Type
87,120 sqft
Lot Size
1973
Year Built
Listing Date: 08/31/2026
Listed by: Jason White
Listing office: WhiteFlame Realty
Source: NTREIS #21366442
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
List Price
FINANCIALS
How much do you want to put down?
Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($150,000) and 5.6%, 30-year fixed. Your rate and down payment change this.
From the listing description.
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
Free. No credit pull.
MLS# 21366442 · Listing office: WhiteFlame Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.