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$400,720

NAL Estimated Property Value

1021 Summertree Cir, Plano, TX, 75025

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.23 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1352-003-0140-1
Lot Number14
SubdivisionCross Creek East (Cpl)
Land UseResidential
Legal DescriptionCROSS CREEK EAST (CPL), BLK 3, LOT 14
Census Tract031632
Assessed Land Value$105,000
Assessed Improvement Value$295,720
Assessment Year2025

About this property

Charming Home with Endless Potential on a Quiet Cul-De-Sac in Plano! Welcome to this inviting 3-bedroom, 2-bath home located on a peaceful cul-de-sac in a desirable Plano neighborhood featuring its own private park. With 2,024 square feet of well-designed living space, this home offers a functional layout and great bones—just waiting for your personal touch. The open-concept design includes a spacious flex room ideal for a home office, gym, or reading nook. A split-bedroom floor plan provides added privacy, while the kitchen offers generous cabinet space and a casual dining area. The living room is full of character, showcasing beautiful beamed ceilings and a cozy wood-burning fireplace. The oversized primary suite features a large ensuite bath and serves as a relaxing retreat at the end of the day. With a little cosmetic love, this home is a fantastic opportunity to build equity and make it your own—all in a prime Plano location close to schools, shopping, dining, and more!

Investor Tools

Property Icon
$400,720
Estimated Property Value
$367,432Estimated Mortgage Balance
$33,288Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,404 /month
Positive
Cash Flow Estimate:
$801 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,485/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,814
$400,720
2025
$105,000
$295,720
$400,720
Yes (2012)

Tax History

Year
Tax Paid
Assessed Value
2024
$27,814
$400,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Conventional
$373,450
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$367,432
$33,288
8%
92%
$2,240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,480/mo
$2,240/mo
+$240/mo
7.4%

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: Plano

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1021 Summertree Cir | Property Details | No Agent List