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$492,000

2505 Delmar Dr, Plano, TX, 75075

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,204 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.81 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCeramic Tile, Hardwood

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0493-004-0230-1
Lot Number23
SubdivisionCloisters No 3 (Cpl)
Land UseResidential
Legal DescriptionCLOISTERS NO 3 (CPL), BLK 4, LOT 23
Census Tract031807
Assessed Land Value$130,000
Assessed Improvement Value$327,460
Assessment Year2025

About this property

Well maintained and recently updated custom home in quiet neighborhood. This 4 BED and 2 BATH home boasts large live oak trees with a nicely manicured lawn. The oversized dining room opens to a den with gorgeous wood beams and a masonry fireplace. The study area is loaded with bookshelves and new French doors lead to the to back yard with a covered patio. The kitchen is recently remodeled with a nice sized breakfast area and breakfast bar. Very close to Liberty Park, schools, shopping. Easy drive to Legacy area, Toyota, FedEx, State Farm, John Paul High School! The house is fully furnished !! Optional for unfurnished

Investor Tools

Property Icon
$492,000
Estimated Property Value
$380,000Estimated Mortgage Balance
$150,311Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,952 /month
Positive
Cash Flow Estimate:
$984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,817
$457,460
2025
$130,000
$327,460
$457,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,817
$457,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gordon Greeson Etux
Seller Carryback / Seller Financing / Seller Take-Back
$380,000
No
First
Feb 3, 2021
Feb 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,689
$150,311
30%
69%
$2,279/mo

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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2505 Delmar Dr | Property Details | No Agent List