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$597,000

NAL Estimated Property Value

2505 Millstream Dr, Plano, TX, 75075

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,433 Sq Ft
price_per_sqft$131.08 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2988-00E-0060-1
Lot Number6
SubdivisionCreekbend Estates Phase 2 (Cpl)
Land UseResidential
Legal DescriptionCREEKBEND ESTATES PHASE 2 (CPL), BLK E, LOT 6
Census Tract031622
Assessed Land Value$150,000
Assessed Improvement Value$436,983
Assessment Year2025

About this property

Great investment opportunity! Tenant lease in place thru March 2022 on this four-bedroom home located in the heart of Plano. The back of the home and the huge upstairs master retreat have sweeping views of the Chisholm Trail greenbelt that leads to the creek as well as to parks and playgrounds. The home features wood floors and an island kitchen with granite counters. The open floor plan features spacious rooms and great storage with three bedrooms up and one downstairs. The location is fantastic with quick access to Hwy 75 & the President George Bush Tollway as well as a short drive to great shopping, entertainment and major employers. Priced for an “As-Is” sale. Interior photos are from 2015.

Investor Tools

Property Icon
$597,000
Estimated Property Value
$0Estimated Mortgage Balance
$597,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,582 /month
Positive
Cash Flow Estimate:
$1,194 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,599
$586,983
2025
$150,000
$436,983
$586,983
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,599
$586,983

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$597,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
N/A
+$2,860/mo
5.7%

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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2505 Millstream Dr | Property Details | No Agent List