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$525,000

2516 Skiles Drive, Plano, TX, 75075

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,455 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.85 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringVinyl

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0493-002-0030-1
Lot Number3
SubdivisionCloisters No 3 (Cpl)
Land UseResidential
Legal DescriptionCLOISTERS NO 3 (CPL), BLK 2, LOT 3
Census Tract031807
Assessed Land Value$130,000
Assessed Improvement Value$328,110
Assessment Year2025

About this property

Nestled in the prestigious Cloisters neighborhood and zoned for top-rated Plano ISD schools, this beautifully renovated single-story residence offers 2,455 square feet of sophisticated living space. The striking painted brick exterior and mature landscaping set the stage for an interior defined by an airy, open-concept floor plan and abundant natural light. At the heart of the home, the expansive living area features vaulted ceilings and a dramatic, floor-to-ceiling charcoal brick fireplace that serves as a stunning focal point. Hardwood-style flooring flows seamlessly into the kitchen, featuring marble-style quartz countertops, a large island, farmhouse sink, and striking fixtures. An integrated butler’s pantry and dedicated coffee bar provide the ultimate setup for entertaining. The private primary suite boasts a barn-door vanity with dual sinks, deep garden tub, and a custom-tiled walk-in shower with a rainfall head. Three additional generously sized bedrooms offer flexibility for a home office or guest quarters. Step outside to a sprawling, tree-shaded backyard anchored by a magnificent oak, offering a peaceful retreat for outdoor gatherings. Exceptional upgrades include modern lighting, built-in cabinetry, walk-in closets, and a rear-entry two-car garage with professional epoxy flooring. Perfectly located with convenient access to major highways, premier shopping, and dining.

Investor Tools

$0Estimated Mortgage Balance
$520,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$852
$458,110
2025
$130,000
$328,110
$458,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$852
$458,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$520,000
100%
0%
$0/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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2516 Skiles Drive | Property Details | No Agent List