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$289,000

1528 W Spring Creek Pkwy, Plano, TX, 75023

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.1 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Range

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0551-002-0120-1
Lot Number12
SubdivisionPark Forest Addition No 2 (Cpl)
Land UseResidential
Legal DescriptionPARK FOREST ADDITION NO 2 (CPL), BLK 2, LOT 12
Census Tract031628
Assessed Land Value$68,000
Assessed Improvement Value$207,968
Assessment Year2025

About this property

Located in the established Park Forest subdivision in Plano, this 1828-square-foot home with 3 bedrooms and 2 full baths offers a fantastic layout with 2 living spaces, 2 dining areas, a 2-car garage and fenced yard. Additional features include a brick fireplace, open-concept kitchen and living room, utility room-closet easily accessed next to the kitchen-breakfast area, covered back patio and mature trees. Conveniently situated near 75 Central Expwy, with easy and quick access to schools, shopping, dining, and parks. With a vision & sparkle, this home can be transformed into your ideal retreat in the heart of Plano! Don't miss this incredible opportunity to bring this home to life. Ideal for INVESTORS looking for a fix and flip or renovated rental property, this home has the potential to be transformed into a dream home. Home is AS IS and ready for those who love a project. Home is priced to sell!

Investor Tools

Property Icon
$394,000
Estimated Property Value
$383,150Estimated Mortgage Balance
$11,955Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,182
$275,968
2025
$68,000
$207,968
$275,968
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,182
$275,968

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$383,150
No
First
Mar 13, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,045
$11,955
3%
97%
$2,298/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,330/mo
$2,298/mo
+$32/mo
7.1%

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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1528 W Spring Creek Pkwy | Property Details | No Agent List