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$615,000

1705 Wofford Ln, Plano, TX, 75074

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,565 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$253.41 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size2,794 sqft

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-10946-006-0130-1
Lot Number13
SubdivisionRice Field Addition (Cpl)
Land UseResidential
Legal DescriptionRICE FIELD ADDITION (CPL), BLK 6, LOT 13
Census Tract031902
Assessed Land Value$152,250
Assessed Improvement Value$462,750
Assessment Year2025

About this property

Designer owned home in pretty Rice Field at Plano Arts neighborhood! Gorgeous drive up appeal and beautiful finishes throughout! Expansive covered front porch provides that touch of Southern Living charm and appeal! Step inside to an open concept home with living, dining and kitchen all within view! Rich and warm wood floors throughout! Show stopper kitchen has white cabinets, white quartz counters, stainless appliances and island with bar seating and pretty pendant lights! Plantation shutters throughout most of the home! Primary bedroom with ensuite bath with standup shower and separate tub with double vanities! Two separate closets for ample storage! Guest room on second floor with access to full bath. Laundry room on second floor with cabinet storage, tile floors and window with plantation shutters! Third bedroom on first level is currently used as the study has French doors to balcony and access to full bath plus small outdoor space to alley and garage. Garage has epoxy floor, door opener and electric car charger station which can stay if requested by buyer in contract. Walk to nearby DART station, Haggard Park and playground, and all the fun and exciting shops and restaurants at nearby 15th Street in downtown Plano! HOA maintains all yards! Tax roll shows house was built in 2018 but home was originally listed as incomplete construction in May 2020 and closed November 2020. Original builder installed bathroom mirrors to remain with the home as all mounted bath mirrors over vanities are excluded. Negotiable: kitchen fridge, car charger. Included with sale: rods for drapes, storage rack mounted in garage. See list of all excluded items.

Investor Tools

Property Icon
$615,000
Estimated Property Value
$272,340Estimated Mortgage Balance
$371,573Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$896/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,679
$615,000
2025
$152,250
$462,750
$615,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,679
$615,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$272,340
No
First
Nov 10, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,427
$371,573
60%
40%
$1,633/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$1,708/mo
+$552/mo
4.4%

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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1705 Wofford Ln | Property Details | No Agent List