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Street View

$693,250

NAL Estimated Property Value

2424 Balmoral Drive, Plano, TX, 75074

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,474 Sq Ft
price_per_sqft$204.23 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,603 sqft

Building Information

Year Built2014
Stories2
Garage Spaces2

Land Information

APNR-10447-00E-0070-1
Lot Number7
SubdivisionVillas Of Pecan Creek
Land UseResidential Single Family
Legal DescriptionVILLAS OF PECAN CREEK PHASE 1 (CPL), BLK E, LOT 7; AMENDED AMENDED
Census Tract032008
Assessed Land Value$140,000
Assessed Improvement Value$553,250
Assessment Year2025

About this property

Discover this gorgeous two story Highland home nestled in the Villas of Pecan Creek. A grand foyer with 21 ft. ceilings and sweeping hardwood floors invite you inside this expansive, entertainers dream home. Designed to facilitate memorable gatherings, the living room, kitchen and breakfast areas effortlessly harmonize providing an ideal space for hosting guests. Gather with friends and family in the spacious living room highlighted by a gorgeous stone fireplace. Utilize your culinary skills in the fully equipped kitchen offering GE stainless appliances, granite counter-tops, gas cook-top, and walk-in pantry. Unwind in the secluded primary bedroom complete with hardwood floors, WIC and luxurious ensuite bath with dual sinks, granite counter-tops, garden tub and large shower. A desirable secondary bedroom with full bath is also situated on the first floor. A wrought-iron staircase leads upstairs to a Game and Media room along with a bonus space, two bedrooms, and two baths.

Investor Tools

Property Icon
$693,250
Estimated Property Value
$606,675Estimated Mortgage Balance
$86,575Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,257 /month
Positive
Cash Flow Estimate:
$1,419 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$693,250
2025
$140,000
$553,250
$693,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$693,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Rate Financial Group
Conventional
$625,275
No
First
Sep 26, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$606,675
$86,575
12%
88%
$3,749/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$4,409/mo
$-1,469/mo
5.1%

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.

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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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2424 Balmoral Drive | Property Details | No Agent List