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$481,523

NAL Estimated Property Value

2516 Teakwood Lane, Plano, TX, 75075

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.96 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Refrigerator, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0503-009-0060-1
Lot Number6
SubdivisionUniversity Estates No 2 2nd Section (Cpl
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES NO 2 2ND SECTION (CPL), BLK 9, LOT 6
Census Tract031627
Assessed Land Value$120,000
Assessed Improvement Value$361,523
Assessment Year2025

About this property

Absolutely stunning 3 Bedrooms, 2.5 Bathroom and 2 Living area that one of them could be a Game Room, Media Room, Extra Bedroom or an Office. All the rooms are spacious and roomy. All new flooring and freshly painted interior, new quartz counter top in the kitchen. All in one of Plano's most desirable neighborhoods.

Investor Tools

Property Icon
$481,523
Estimated Property Value
$279,149Estimated Mortgage Balance
$202,374Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,889 /month
Positive
Cash Flow Estimate:
$963 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,612
$481,523
2025
$120,000
$361,523
$481,523
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,612
$481,523

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Fha
$314,204
Yes
First
Aug 19, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,149
$202,374
42%
58%
$1,884/mo

City: Plano

2516 Teakwood Lane | Property Details | No Agent List