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$495,000

NAL Estimated Property Value

1601 Papeete Drive, Plano, TX, 75075

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,205 Sq Ft
price_per_sqft$167.8 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit

Building Information

Year Built1975
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-0376-009-0130-1
Lot Number13
SubdivisionPorts O Call Phase Two (Cpl)
Land UseResidential
Legal DescriptionPORTS O CALL PHASE TWO (CPL), BLK I, LOT 13
Census Tract031622
Assessed Land Value$130,000
Assessed Improvement Value$346,222
Assessment Year2025

About this property

MULTIPLE OFFERS! HIGHEST AND BEST BY SUNDAY MARCH 14 @ 5 PM. Fabulous home on corner lot and ready for move in. All major items have already been replaced! New windows 2015. Extended stamped concrete patio with gas fire pit and stone bench. Added exterior recessed lighting to patio 2014. Custom pool and spa 2017. Roof 2016. Garbage disposal 2020. 8ft board on board cedar privacy fence 2017. All toilets 2020. Garage door 2019. Garage storage 2017. AC and additional vents in master and game room 2020. Popcorn ceiling removal 2020. Master and secondary bedrooms downstairs. Bonus Rm upstairs with half bath. This won't last! Seller will need leaseback until June 15, 2021. Needs survey.

Investor Tools

Property Icon
$495,000
Estimated Property Value
$333,103Estimated Mortgage Balance
$161,897Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$765/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,706
$476,222
2025
$130,000
$346,222
$476,222
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,706
$476,222

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$369,000
No
First
Apr 12, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,103
$161,897
32%
67%
$2,213/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.

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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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1601 Papeete Drive | Property Details | No Agent List