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$1,021,515

1908 Carmel Dr, Plano, TX, 75075

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,725 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.62 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesNone

Exterior

Private PoolPrivate Pool

Building Information

Year Built1982
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-0394-003-0360-1
Lot Number36,35
SubdivisionPitman Creek Estates No 2 (Cpl)
Land UseResidential
Legal DescriptionPITMAN CREEK ESTATES NO 2 (CPL), BLK C, LOT 36 & 35
Census Tract031808
Assessed Land Value$225,000
Assessed Improvement Value$796,515
Assessment Year2025

About this property

One-of-a-kind castle-style custom home where craftsmanship, comfort, and multi-generational living come together. Remodeled over many years by a perfectionist craftsman, this home is filled with details you won’t find in new construction. Inside you’ll see extensive custom marble work (layered marble baseboards, medallion inlay, rich crema marfil and brown marbles), paneled and tray ceilings, heavy crown and wainscoting, and leaded glass panels that open for fresh air while the doors stay closed. High but usable ceilings, skylights, and generous room sizes create a bright, open feel. Behind the walls, the expensive work is done: all-new copper wiring (no aluminum), upgraded breaker panels with thicker gauge wiring for modern tech, newer hot water heaters, many new windows, upgraded insulation on cold-exposed walls, motion-activated lighting in the multi-gen bath, and a Schluter shower system for long-term peace of mind. The layout is ideal for flexibility and multi-generational living. The main-level multi-generational suite was designed for an older parent, with wide shower and easy access. A front office with exterior entry can also function as a bedroom or client-facing workspace. A large man cave-game room features warm woodwork and a striking petrified wood sink in the bar, plus a pass-through window that opens to the outside for entertaining. Upstairs you’ll find spacious bedrooms with large closets, a playroom-bonus area, and a charming “Alice in Wonderland” nook perfect for kids, reading, or creative use. The oversized 3-car garage offers deep bays, workshop space, built-in shelving, and access to tremendous attic storage. The front-right fence is built of stackable wood panels that can be removed to bring in vehicles, equipment, or deliveries, then closed back up for privacy and security. The kitchen and a few upstairs areas are ready for your finishes—systems and structure are already upgraded; bring your own design vision. Sold as-is.

Investor Tools

Property Icon
$1,021,515
Estimated Property Value
$0Estimated Mortgage Balance
$1,021,515Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,129 /month
Positive
Cash Flow Estimate:
$2,043 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,445
$1,021,515
2025
$225,000
$796,515
$1,021,515
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,445
$1,021,515

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,021,515
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
N/A
+$2,860/mo
3.4%

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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