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$571,000

NAL Estimated Property Value

1901 Edgewater Drive, Plano, TX, 75075

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,604 Sq Ft
price_per_sqft$293.78 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Tankless Water Heater
FlooringTile, Vinyl

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0379-003-0180-1
Lot Number18
SubdivisionPitman Creek Estates No 1 (Cpl)
Land UseResidential
Legal DescriptionPITMAN CREEK ESTATES NO 1 (CPL), BLK C, LOT 18
Census Tract031808
Assessed Land Value$207,000
Assessed Improvement Value$313,855
Assessment Year2025

About this property

Multiple offers received. Please submit highest and best by 12:00 PM on Monday, the 27th. Set beneath mature trees on a rare oversized creek lot in Pitman Creek Estates, this extensively renovated residence offers a private, retreat-like setting in one of Plano’s most established neighborhoods. The interior was thoughtfully redesigned for flow and functionality, featuring a refined neutral palette, wide-plank white oak-tone flooring, solid core doors, and designer lighting throughout. A Venetian plaster fireplace creates a striking focal point, while a lime-washed powder bath adds depth and texture. The chef-inspired kitchen anchors the home with custom warm oak cabinetry, black quartz countertops, and a 36-inch professional gas range. Extensive behind-the-walls improvements include updated electrical, PVC plumbing, replaced ductwork, new insulation, new windows, and a tankless water heater. The exterior features all-new siding, fresh sod, and landscape lighting leading to a private creekside seating area, offering a tranquil natural backdrop. Ideally located near premier shopping, dining, major commuter routes, and within walking distance to Westwood Park, and zoned to Plano ISD, including Shepherd Elementary, this is a rare opportunity to own a fully reimagined home in Central Plano.

Investor Tools

Property Icon
$571,000
Estimated Property Value
$400,545Estimated Mortgage Balance
$170,455Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,590 /month
Positive
Cash Flow Estimate:
$1,530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,293
$520,855
2025
$207,000
$313,855
$520,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,293
$520,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Boomerang Acceptance Llc
Commercial
$405,271
No
First
Sep 25, 2025
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,545
$170,455
29%
70%
$2,430/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
$2,430/mo
+$430/mo
6.0%

Learn About the Market: Opportunity in Texas

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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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1901 Edgewater Drive | Property Details | No Agent List