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$421,000

NAL Estimated Property Value

1440 Clarinet Lane, Plano, TX, 75074

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,023 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$142.86 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APNR-8557-00A-0030-1
Lot Number3
Subdivision15th Street Village No 1 (Cpl)
Land UseResidential
Legal Description15TH STREET VILLAGE NO 1 (CPL), BLDG A, UNIT 3, 5.0 % CMN INT
Census Tract031902
Assessed Land Value$80,000
Assessed Improvement Value$240,000
Assessment Year2025

About this property

Enjoy the Urban lifestyle in Historic Downtown Plano! Walking distance to DART, Haggard Park, Restaurant’s & Shopping. Features 3 bedrooms w 3 full baths. The 3rd bedroom can also be used as study or second living area, has it's own bath. Property features stainless steel appliances, Hardwoods, 42 in cabinets & silestone counter tops. Owners suite is complete w office, balcony, over sized master bath w jetted tub, separate shower and his-hers vanity area. Carpet & flooring updated 2018. Extremely energy efficient. This townhome qualifies for 3% down conventional.

Investor Tools

Property Icon
$421,000
Estimated Property Value
$208,646Estimated Mortgage Balance
$212,354Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,526 /month
Positive
Cash Flow Estimate:
$842 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$676/month
$140/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,011
$320,000
2025
$80,000
$240,000
$320,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,011
$320,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$232,040
No
First
Feb 2, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,646
$212,354
50%
50%
$1,392/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$1,532/mo
+$728/mo
6.4%

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.

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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1440 Clarinet Lane | Property Details | No Agent List