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$399,317

NAL Estimated Property Value

2601 Marsh Lane 201, Plano, TX, 75093

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,538 Sq Ft
price_per_sqft$217.82 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Garden

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR295583
SubdivisionVillage At Prestonwood Condominiums
Land UseResidential
Legal DescriptionVILLAGE AT PRESTONWOOD CONDOMINIUMS BLD 20 UNT 201 PLUS 0.7493 % INT IN COM AREA
Census Tract021648
Assessed Land Value$67,500
Assessed Improvement Value$331,817
Assessment Year2025

About this property

55+ Community. Owner Must Occupy. Enjoy big sky sunsets from the beautiful sunroom and front porch of this one story home in esteemed gated community with beautiful finishes and cast stone fireplace with gas logs. Great open concept plan flows from living areas to dining and kitchen featuring cathedral ceilings in kitchen and living areas. Split en-suite Masters each have walk-in closets. Common amenities include swimming pool and club house with fitness center, library, conference room, full kitchen, gaming and sitting areas. Owner updates include ceramic tile flooring, granite counters and backsplash in kitchen plus HVAC in Nov 2019, Microwave May 2020, Dishwasher April 2018, and Range July 2017.

Investor Tools

Property Icon
$399,317
Estimated Property Value
$328,707Estimated Mortgage Balance
$70,610Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,396 /month
Positive
Cash Flow Estimate:
$799 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,998
$399,317
2025
$67,500
$331,817
$399,317
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,998
$399,317

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$352,750
No
First
Sep 21, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,707
$70,610
17%
82%
$2,115/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$2,510/mo
$-400/mo
6.3%

City: Plano

2601 Marsh Lane 201 | Property Details | No Agent List