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$2,275

1518 Windy Meadow Dr, Plano, TX, 75023

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.24 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave
FlooringCeramic Tile, Laminate

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0551-004-0320-1
Lot Number32
SubdivisionPark Forest Addition No 2 (Cpl)
Land UseResidential
Legal DescriptionPARK FOREST ADDITION NO 2 (CPL), BLK 4, LOT 32
Census Tract031628
Assessed Land Value$85,000
Assessed Improvement Value$250,411
Assessment Year2025

About this property

NO CARPET! Laminate wood flooring throughout! Awesome location with a huge, covered patio and spacious backyard. This home features a new water heater, regularly serviced HVAC, remodeled bathrooms, and a fantastic floor plan with two living areas, two dining areas, and abundant storage throughout. The open-concept design showcases a large kitchen overlooking a cozy family room with fireplace and specialty lighting. Enjoy a wall of windows, and an herb garden with basil and dill. The private primary suite offers a large walk-in closet, while the two secondary bedrooms also provide generous closet space. The garage is equipped with a 220-volt outlet, ideal for electric vehicle charging. Conveniently located near schools, shopping, restaurants, and major highways, this home combines comfort, functionality, and outdoor living at its best!

Investor Tools

$122,883Estimated Mortgage Balance
$264,117Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,630
$335,411
2025
$85,000
$250,411
$335,411
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,630
$335,411

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$150,000
No
First
Sep 5, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,883
$264,117
68%
32%
$900/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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