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$540,840

2516 Trailwest Ln, Plano, TX, 75025

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,137 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.73 / sqft
Year BuiltBuilt in 1997

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
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3425-00E-0230-1
Lot Number23
SubdivisionFairways Of Ridgeview Phase Two The (Cpl
Land UseResidential
Legal DescriptionFAIRWAYS OF RIDGEVIEW PHASE TWO THE (CPL), BLK E, LOT 23
Census Tract031666
Assessed Land Value$150,000
Assessed Improvement Value$390,840
Assessment Year2025

About this property

Incredible one story Ashton Woods home in the highly sought after Fairways Of Ridgeview. Family room with gas fireplace offers a wall of windows overlooking the swimming pool, spa, and patio area. Split master retreat allows for added privacy and features French doors leading to backyard. Fourth bedroom also makes a terrific study or den area. Cooks love the spacious kitchen with convenient work island, gas cook top, built-in microwave, desk, and open views to the living area. Community pool, park, and playground. Pool was resurfaced and tiled in July 2019! New Roof just installed....Frisco ISD!

Investor Tools

Property Icon
$540,840
Estimated Property Value
$307,000Estimated Mortgage Balance
$259,435Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,245 /month
Positive
Cash Flow Estimate:
$1,082 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$728/month
$98/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,038
$540,840
2025
$150,000
$390,840
$540,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,038
$540,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$307,000
No
First
Dec 3, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,405
$259,435
47%
52%
$1,841/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,240/mo
$1,939/mo
+$1,301/mo
7.2%

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 Trailwest Ln | Property Details | No Agent List