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$422,000

1113 Gannon Dr, Plano, TX, 75025

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,963 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.41 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0071-023-0420-1
Lot Number42
SubdivisionCross Creek No 3 Section 1 And 2 (Cpl)
Land UseResidential
Legal DescriptionCROSS CREEK NO 3 SECTION 1 AND 2 (CPL), BLK 23, LOT 42
Census Tract031631
Assessed Land Value$110,000
Assessed Improvement Value$304,929
Assessment Year2025

About this property

Welcome to 1113 Gannon Drive, a beautifully updated 3-bedroom, 2-bathroom home with a 2-car garage, pool, and a stunning backyard in Plano, TX. Located in a prime location, this property offers easy access to everything Plano has to offer, including world-class shopping, dining, and entertainment options. Additionally, Plano's excellent schools. The home has been updated with modern appliances and fresh paint, and it's ready to be your new home. The highlight of the property is the serene pool and beautiful backyard, perfect for outdoor living and entertainment. Don't miss out on this fantastic opportunity to live in a beautifully updated home with a great location and easy access to everything Plano has to offer.

Investor Tools

Property Icon
$422,000
Estimated Property Value
$427,121Estimated Mortgage Balance
$0Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,532 /month
Positive
Cash Flow Estimate:
$844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,297
$414,929
2025
$110,000
$304,929
$414,929
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,297
$414,929

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$427,121
No
First
May 22, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,806
N/A
0%
100%
$2,690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,480/mo
$2,690/mo
$-210/mo
7.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1113 Gannon Dr | Property Details | No Agent List