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$614,649

1700 Fernwood Dr, Plano, TX, 75075

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,671 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.62 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringBrick, Carpet, Ceramic Tile, Slate

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard, Rain Gutters, Lighting

Building Information

Year Built1986
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1542-002-0090-1
Lot Number9
SubdivisionPitman Estates (Cpl)
Land UseResidential
Legal DescriptionPITMAN ESTATES (CPL), BLK 2, LOT 9
Census Tract031808
Assessed Land Value$135,000
Assessed Improvement Value$479,649
Assessment Year2025

About this property

Located in the heart of Plano in sought-after Pitman Creek subdivision, this home is filled with tons of character and warmth! Corner lot location boasts tons of Mature trees, Lush Landscape, a water fountain, custom gate and a Spanish flare! The home boasts two Living areas, one with brick fp & hearth, wood floors & a wet bar. Recently Updated Kitchen w White cabinets, subway tile & granite ctops. Large laundry room. The spacious Primary retreat offers a sitting area & ensuite bath. Three bdrms & two baths upstairs. Enjoy relaxing on back patio which is covered with beautiful draping vines. Privacy wall is secured by many piers and offers a tranquil backyard oasis around the Sparkling pool with waterfall & spa. Enclosed gated driveway gives tons of extra space within the backyard. The home is spectacular at night, tons of tree and landscape lighting creating a spectacular ambiance. NOTE: Home needs foundation repairs. Seller will address repairs prior to closing w executed contract.

Investor Tools

Property Icon
$614,649
Estimated Property Value
$508,500Estimated Mortgage Balance
$131,661Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,688 /month
Positive
Cash Flow Estimate:
$1,229 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$936/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,161
$614,649
2025
$135,000
$479,649
$614,649
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,161
$614,649

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$508,500
No
First
Aug 7, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$482,988
$131,661
21%
79%
$3,049/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
$3,049/mo
$-189/mo
5.6%

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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1700 Fernwood Dr | Property Details | No Agent List