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$585,000

2228 Molly Lane, Plano, TX, 75074

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths4 Bath
Baths3,363 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.07 / sqft
Year BuiltBuilt in 1994

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Refrigerator

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-0617-002-0010-1
Lot Number1
SubdivisionCreekside Estates No 2 (Cpl)
Land UseResidential
Legal DescriptionCREEKSIDE ESTATES NO 2 (CPL), BLK 2, LOT 1
Census Tract031325
Assessed Land Value$112,500
Assessed Improvement Value$410,805
Assessment Year2025

About this property

This former Newmark model home is waiting for a new tenant, Plano ISD and great location, It’s 3,362 square foot home features stunning curb appeal and boasts 4 bedrooms, 3.5 bathrooms, a study, formal dining room, covered porch, patio, and a 2-car garage. Highlights: Inviting two-story layout, Wood floors throughout, with formal dining area and an office space, spacious kitchen with stainless steel appliances, white cabinets, and an island with big breakfast space, Master suite with a private bathroom downstairs , Three additional bedrooms in the second floor, Covered porch and patio for enjoying the outdoors with a good size swimming pool – the owner will take care of the pool’s monthly maintenance – and two-car garage. This property is in a fantastic community with easy access to nearby amenities. Property has a French door refrigerator too.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,021/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,329
$523,305
2025
$112,500
$410,805
$523,305
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,329
$523,305

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$423,750
No
First
Aug 21, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,490
$182,510
31%
69%
$2,541/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$2,541/mo
+$399/mo
6.0%

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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