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$570,000

NAL Estimated Property Value

1608 Iowa Dr, Plano, TX, 75093

$589,533 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,458 Sq Ft
price_per_sqft$144.56 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built1982
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-0596-005-0030-1
Lot Number3
SubdivisionHighlands North Phase V (Cpl)
Land UseResidential
Legal DescriptionHIGHLANDS NORTH PHASE V (CPL), BLK 5, LOT 3
Census Tract031621
Assessed Land Value$130,000
Assessed Improvement Value$424,748
Assessment Year2025

About this property

Custom Goodman home with 5 Bedroom 4 Full Bath, 2 story in West Plano! UPDATED kitchen with quartz countertops, tile backsplash, and painted cabinets. 4 bedrooms downstairs including large master bedroom. Massive 2nd living area upstairs with bedroom and full bath, great for guest retreat or mother-in-law quarters. Courtyard in backyard with lots of grass ready for a pool. Wood floors throughout first floor, scrapped ceilings, new paint, new carpet on the game room.

Investor Tools

Property Icon
$570,000
Estimated Property Value
$435,398Estimated Mortgage Balance
$134,602Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$589,533
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,420 /month
Positive
Cash Flow Estimate:
$1,140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,097
$554,748
2025
$130,000
$424,748
$554,748
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,097
$554,748

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of England
Conventional
$475,000
No
First
Dec 13, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$435,398
$134,602
23%
76%
$2,848/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$2,848/mo
$-188/mo
5.6%

City: Plano

1608 Iowa Dr | Property Details | No Agent List