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$454,000

NAL Estimated Property Value

1531 W Spring Creek Pkwy, Plano, TX, 75023

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,155 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.02 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, Other
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesBarbecue, Courtyard, Rain Gutters, Lighting, Private Yard

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0555-001-0340-1
Lot Number34
SubdivisionPark Forest North Addition First Increme
Land UseResidential
Legal DescriptionPARK FOREST NORTH ADDITION FIRST INCREMENT (CPL), BLK A, LOT 34
Census Tract031634
Assessed Land Value$76,000
Assessed Improvement Value$352,167
Assessment Year2025

About this property

Newly Remodeled and Luxe Short-Term & Mid-Term Rental Home with Seller Fin.! Situated in Collin County’s desirable subdivision of Park Forest North, this 4BR-2BA, 2,100+sqft renovated residence (2023) truly captures Texan charm with a rustic brick exterior, two-car garage w epoxy floor, a slab foundation, and a sprawling 9,500+sqft lot. Bursting with modern panache, the property, known aptly as the 'Sleepy Bear', features an open layout, large bedrooms, oversized primary suite, spacious living room, built-in wet bar, gourmet kitchen, and a fully fenced-in backyard with a patio and pergola. Receive seller finan. with only a 10% downpayment (9.999% int.) and no prepayment penalty. Level up your investment game with the turnkey option (additional cost), which boasts all furnishings, appliances, TVs, linens, security cameras, keyless lock, and kitchen utensils, as well as the Airbnb business and ongoing property management. Contact us now to find out more about this unique opportunity!

Investor Tools

Property Icon
$454,000
Estimated Property Value
$519,544Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,890
$428,167
2025
$76,000
$352,167
$428,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,890
$428,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Raw Equity Group Llc
Purchase Money Mortgage
$449,997
No
First
Apr 30, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$519,544
N/A
0%
114%
$3,252/mo

Learn About the Market: Opportunity in Texas

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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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1531 W Spring Creek Pkwy | Property Details | No Agent List