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$428,000

NAL Estimated Property Value

2500 Teakwood Ln, Plano, TX, 75075

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,914 Sq Ft
price_per_sqft$195.92 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven
FlooringBrick, Carpet, Wood

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0503-009-0100-1
Lot Number10
SubdivisionUniversity Estates No 2 2nd Section (Cpl
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES NO 2 2ND SECTION (CPL), BLK 9, LOT 10
Census Tract031627
Assessed Land Value$120,000
Assessed Improvement Value$285,034
Assessment Year2025

About this property

Location, Location, Location - this one delivers. Situated in a highly desirable Plano neighborhood, top rated schools, this property is a smart pick for investors and buyers looking to build equity through renovation. The home needs updating and maintenance throughout, making it an ideal candidate for a strategic remodel, flip, or rental upgrade. With Plano's strong, stable market and this property's unbeatable location, close to major highways, shopping, and dining. The upside potential here is significant for the right buyer. Priced accordingly to reflect the work needed, this is your chance to secure a well-located asset in a market where location alone commands premium value. Bring your contractor, bring your vision, and unlock the equity this property has to offer. Investors and renovators: don't wait on this one — schedule your showing today!

Investor Tools

Property Icon
$428,000
Estimated Property Value
$71,021Estimated Mortgage Balance
$357,146Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,568 /month
Positive
Cash Flow Estimate:
$856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$785/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,279
$405,034
2025
$120,000
$285,034
$405,034
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$7,279
$405,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Charles David Sears
Unknown
$84,621
No
First
Aug 1, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,021
$356,979
83%
17%
$508/mo

City: Plano

2500 Teakwood Ln | Property Details | No Agent List