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$559,000

NAL Estimated Property Value

2236 Covinton Lane, Plano, TX, 75023

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,629 Sq Ft
price_per_sqft$146.06 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0222-005-0030-1
Lot Number3
SubdivisionHunters Glen Two (Cpl)
Land UseResidential
Legal DescriptionHUNTERS GLEN TWO (CPL), BLK 5, LOT 3
Census Tract031613
Assessed Land Value$120,000
Assessed Improvement Value$439,000
Assessment Year2025

About this property

You are going to love this bright and open floor plan 1 story located in a beautifully mature neighborhood in Plano. Walk in to the foyer to beautiful wood floors throughout, into your large family room and separate living room. The kitchen has been updated with granite counter tops and all of the cabinets have pull out drawers. All of the bedrooms are over-sized. Master bedroom has separate access to the patio and pool area. The master bathroom is recently beautifully updated with new wood floors, quartz counter tops, subway tiles in the shower, and separate tub. Out side has a landscaped side yard with a sitting area and a diving pool. Walking distance to Houston Elementary, and Chisholm Trail Greenbelt.

Investor Tools

Property Icon
$559,000
Estimated Property Value
$314,100Estimated Mortgage Balance
$244,900Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,518
$559,000
2025
$120,000
$439,000
$559,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,518
$559,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$347,949
No
First
Apr 2, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,100
$244,900
43%
56%
$2,087/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,040/mo
$2,087/mo
+$953/mo
6.5%

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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2236 Covinton Lane | Property Details | No Agent List