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$578,000

1700 Falmouth Dr, Plano, TX, 75025

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,145 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.9 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built1990
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2387-00G-0120-1
Lot Number12
SubdivisionLegacy Hills (Cpl)
Land UseResidential
Legal DescriptionLEGACY HILLS (CPL), BLK G, LOT 12
Census Tract031630
Assessed Land Value$142,500
Assessed Improvement Value$369,355
Assessment Year2025

About this property

Don't miss this one owner home located in Legacy Hills on beautiful corner lot! This 2 story, 4 bed, 3.5 bath home in walking distance to Hendrick Middle School and Plano Hoblitzelle Park. Soaring ceilings greet you as you enter this expansive space. Step down to the formal dining room or to the study or formal living room. Nice sized den with plenty of natural light and cozy fireplace. Great views of backyard and covered back patio. Kitchen has granite countertops & opens to the main living space. Separate owner retreat downstairs with jetted tub & dual sinks in the bath. Huge game room upstairs with 3 large bedrooms – 1 could be a second owner's retreat with ensuite bath. The backyard has a nice wood privacy fence and storage shed. The yard is amazing in the spring! This is a great home in an excellent location! Property is being Sold AS IS and is priced accordingly. Interior pics coming next week.

Investor Tools

Property Icon
$578,000
Estimated Property Value
$265,492Estimated Mortgage Balance
$317,980Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,468 /month
Positive
Cash Flow Estimate:
$1,156 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$866/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,508
$511,855
2025
$142,500
$369,355
$511,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,508
$511,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocio Mortgage Llc
Conventional
$265,492
No
First
Mar 25, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,020
$317,980
55%
45%
$1,592/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,240/mo
$1,592/mo
+$1,648/mo
6.7%

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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1700 Falmouth Dr | Property Details | No Agent List