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$599,000

1121 Lake Ridge Dr, Plano, TX, 75075

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,956 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.64 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Refrigerator
FlooringCarpet, Hardwood, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2988-00C-0120-1
Lot Number12
SubdivisionCreekbend Estates Phase 2 (Cpl)
Land UseResidential
Legal DescriptionCREEKBEND ESTATES PHASE 2 (CPL), BLK C, LOT 12
Census Tract031622
Assessed Land Value$150,000
Assessed Improvement Value$388,574
Assessment Year2025

About this property

Quiet Creekbend Estates Perry built home walking distance to Chisholm Creek Trail. Natural light and views of mature oaks. Features tile, EHW floors, carpet bedrooms, den gas log fireplace, double convection ovens, gas range, granite counters, double sink, abundance of kitchen cabinets with custom tray cabinet, appliance drawers, SS appliances. Open floor plan, bedroom and full bath down perfect for guest or office. Primary and two bedrooms up and easy access to laundry room. Primary suite is a retreat, custom crown, vaulted ceiling, wall of windows. Relax in seating area or ensuite luxurious spa-like bath with separate shower and second walk-in closet. Enjoy evenings in the media room with darkout shades, media screen conveys. Lush backyard faces north, BOB cedar fencing, iron gate and room for a pool this summer. Garage is 3-wide, imagine a workshop area or crafting space. 2 water heaters 2015, 2 AC in 2017 and 2014, roof 2016. Voluntary HOA.

Investor Tools

Property Icon
$583,000
Estimated Property Value
$528,000Estimated Mortgage Balance
$73,975Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,802
$538,574
2025
$150,000
$388,574
$538,574
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,802
$538,574

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$528,000
No
First
May 10, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$509,025
$73,975
12%
87%
$3,166/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
$3,166/mo
$-306/mo
5.9%

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.

Explore Texas Explore This Area
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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1121 Lake Ridge Dr | Property Details | No Agent List