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$699,000

1305 Tree Farm Dr, Plano, TX, 75093

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,898 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.2 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2689-00A-0100-1
Lot Number10
SubdivisionStone Lake Estates - Section 1 (Cpl)
Land UseResidential
Legal DescriptionSTONE LAKE ESTATES - SECTION 1 (CPL), BLK A, LOT 10
Census Tract031649
Assessed Land Value$202,500
Assessed Improvement Value$451,689
Assessment Year2025

About this property

Discover this impeccably maintained home nestled on a quiet interior lot in the highly sought-after community of Stone Lake Estates in the heart of Plano. Zoned to acclaimed Plano ISD & conveniently surrounded by many prestigious private schools, this exceptional location also offers quick access to DNT & Hwy 190, making commuting, shopping, dining, & entertainment effortless. Enjoy being just moments from the lake, scenic walking & biking trails, Steeplechase Park, & playgrounds.Designed for both everyday living and entertaining, the spacious open-concept floor plan features soaring ceilings, abundant natural light, hand-scraped hardwood floors, plantation shutters, fresh neutral paint, and exquisite moldings and millwork throughout. Elegant formal living and dining areas provide flexible space ideal for entertaining, a home office, or multi-purpose living.The chef-inspired kitchen is the heart of the home & showcases granite countertops, double ovens, stainless steel appliances, a center island, custom cabinetry, & a large picture window overlooking the private backyard. The inviting family room flows seamlessly from the kitchen, creating the perfect gathering space.The spacious primary suite offers a peaceful retreat with a sitting area and luxurious ensuite bath. A highly desirable first-floor guest suite with a full bath provides the perfect setup for visitors, multigenerational living, or a private home office. Upstairs, a large gameroom offers additional living space for movie nights, play, or relaxation.Step outside to enjoy the private open patio and generous grassy backyard, ideal for entertaining, pets, play, or simply unwinding outdoors. This move-in ready home combines timeless style, exceptional schools, and an unbeatable location in one of Plano’s most desirable neighborhoods. *Buyer, Buyer's Agent, Buyer's Inspector, Buyer's Appraiser to verify accuracy of all information Neither Seller nor LA makes any warranties or representation as to accuracy.*

Investor Tools

Property Icon
$692,000
Estimated Property Value
$477,000Estimated Mortgage Balance
$258,895Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$996/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,491
$654,189
2025
$202,500
$451,689
$654,189
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,491
$654,189

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$477,000
No
First
Sep 24, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$433,936
$265,064
37%
63%
$2,860/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,470/mo
$3,560/mo
$-90/mo
6.0%

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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1305 Tree Farm Dr | Property Details | No Agent List