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$461,000

NAL Estimated Property Value

1505 Vera Cruz Drive, Plano, TX, 75074

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.13 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1545-004-0450-1
Lot Number45
SubdivisionHidden Meadows Of Los Rios No 1 (Cpl)
Land UseResidential
Legal DescriptionHIDDEN MEADOWS OF LOS RIOS NO 1 (CPL), BLK 4, LOT 45
Census Tract032010
Assessed Land Value$97,750
Assessed Improvement Value$338,310
Assessment Year2025

About this property

Here is the one you have been waiting for! Pretty, updated home on the most amazing lush one third acre culdesac lot. From the moment you walk in, you will appreciate the touchs of quality! Take a look at this abolutley gorgeous kitchen, complete with all the bells & whistles, including your own coffee bar! Beautiful Flooring! Updated baths! Two large living areas, vaulted ceilings, open floorplan. And then....walk out onto the back patio & simply say, ahhh, because you are in for an absolute treat. Huge covered stamped concrete patio presents the perfect setting to enjoy the beauty around you, or hop ino the hottub overlloking koi pond! Who needs vacation? This is vacation! You do not want to miss this one!

Investor Tools

Property Icon
$461,000
Estimated Property Value
$296,603Estimated Mortgage Balance
$164,397Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,766 /month
Positive
Cash Flow Estimate:
$922 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,433
$436,060
2025
$97,750
$338,310
$436,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,433
$436,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$332,500
No
First
Oct 23, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,603
$164,397
35%
64%
$1,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$1,994/mo
+$266/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.

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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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1505 Vera Cruz Drive | Property Details | No Agent List