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$369,000

1609 Rockshire Drive, Plano, TX, 75074

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,722 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.29 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0447-003-0160-1
Lot Number16
SubdivisionRidgewood Section Six (Cpl)
Land UseResidential
Legal DescriptionRIDGEWOOD SECTION SIX (CPL), BLK C, LOT 16
Census Tract032010
Assessed Land Value$94,500
Assessed Improvement Value$235,260
Assessment Year2025

About this property

This well maintained property is situated on a peaceful, wooded .26 acre sprawling creek lot and features a brand new modern wood & wire fence allowing for excellent views of the lush woods, as well as the sounds of the gently flowing creek behind the home! Brand new railroad tie retaining wall has been added for extra structural support (RAIL TIES ARE STACKED & SECURED THROUGH THE TIES W METAL INTO THE GROUND. THERE ARE ADDITIONAL WOOD STRUCTURE PILLARS IN FRONT AS A DOUBLE SAFETY MEASURE). This yard is pool sized and ready for entertaining and relaxing. Inside features 3 bedrooms, including an ensuite primary bedroom with large walk in closet, and there's an additional guest bath. All bathroom cabinetry, trim and doors have been freshly painted as well as new mirrors added. This home boasts new lighting throughout. Kitchen is built for entertaining with plenty of serving and storage space, SS appliances, white cabinetry, granite tile countertops and stone backsplash. Huge pantry too! Refrigerator conveys. Beautiful new carpeting throughout. Generously sized living room with cozy wood burning fireplace and abundance of windows allows for a light and bright environment and is open to the dining room. Side yard patio for unwinding and hosting leads to a large, shaded backyard that you can make your own. Storage shed conveys. Quiet neighborhood is zoned for highly rated Plano ISD. Walk to local parks and a short drive to Plano's fabulous Oak Point Park! Easy access to 75. Roof 2024. Sunnova Energy Solar panels are PAID OFF AND CONVEY! Energy savings is real and info is included on transaction desk. This one won't last!

Investor Tools

Property Icon
$369,000
Estimated Property Value
$0Estimated Mortgage Balance
$78,335Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$554
$329,760
2025
$94,500
$235,260
$329,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$554
$329,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$301,500
No
First
May 2, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,665
$78,335
21%
79%
$1,808/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$1,808/mo
+$452/mo
7.3%

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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1609 Rockshire Drive | Property Details | No Agent List