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$433,556

1408 Potomac Dr, Plano, TX, 75075

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.79 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven
FlooringCarpet, Ceramic Tile

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0134-020-0030-1
Lot Number3
SubdivisionDallas North Estates Fifth Installment (
Land UseResidential
Legal DescriptionDALLAS NORTH ESTATES FIFTH INSTALLMENT (CPL), BLK T, LOT 3
Census Tract031808
Assessed Land Value$110,000
Assessed Improvement Value$323,556
Assessment Year2025

About this property

Cute home in tree lined community, walking distance to the park. This home still maintains some of its original charm and has a few updates. However, with a little vision, you can customize it to your liking. It has a rear entry 2 car garage, large backyard which is great for entertaining. Seller is not doing any repairs and will need a 60 day leaseback.

Investor Tools

Property Icon
$433,556
Estimated Property Value
$409,400Estimated Mortgage Balance
$51,379Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,601 /month
Positive
Cash Flow Estimate:
$867 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,054
$433,556
2025
$110,000
$323,556
$433,556
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,054
$433,556

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Na
Conventional
$409,400
No
First
Oct 13, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,177
$51,379
11%
88%
$2,455/mo

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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1408 Potomac Dr | Property Details | No Agent List