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$699,900

1609 Lake Hill Ln, Plano, TX, 75023

Under ContractInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,179 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.16 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Cooktop, Double Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard

Building Information

Garage Spaces2

About this property

Desirable Ranch Style Large Home on a Spacious Lot in Country Place Beautifully landscaped with a lush backyard and sparkling pool, this meticulously maintained custom built home offers generous living spaces on a large lot. Step inside to discover thoughtful details and TLC throughout the years. Enjoy a versatile family room alongside a formal living and dining area combo, highlighted by a large brick fireplace, brick-accented walls, and elegant arches. A standout sunken bar adds the perfect custom touch for entertaining and celebrations. The kitchen features a built-in buffet, a central breakfast nook, custom cabinets, a gas cooktop, and abundant counter space ideal for daily meals and gatherings. This split floorplan provides excellent privacy with one wing offering a flexible bedroom or office with a full bathroom. The primary wing boasts an unusually large primary suite with a massive primary closet, ensuite bath, and direct access to the patio and pool, plus two additional bedrooms and another full bathroom. Perfect for entertaining, the spread-out one-story layout flows seamlessly to expansive outdoor spaces. An electric-gated entry to the back driveway maximizes usable space with no wasted areas. Solid construction, custom features, and a prime location near the clubhouse, community pool, lake, playground, and walking trails makes this home a true gem in Country Place.

Investor Tools

Property Icon
$700,000
Estimated Property Value
$46,549Estimated Mortgage Balance
$700,000Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Suzanne Koonce

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,097/month
$700/month
5.947%

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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1609 Lake Hill Ln | Property Details | No Agent List