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$346,000

NAL Estimated Property Value

2601 Marsh Ln Unit 262, Plano, TX, 75093

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,293 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$270.69 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR295484
SubdivisionVillage At Prestonwood Condominiums
Land UseResidential
Legal DescriptionVILLAGE AT PRESTONWOOD CONDOMINIUMS BLD 26 UNT 262 PLUS 0.6068 % INT IN COM AREA
Census Tract021648
Assessed Land Value$54,900
Assessed Improvement Value$281,808
Assessment Year2025

About this property

Located in West Plano this single-story is the Perfect home for active 55+ in a gated lock & leave community! A private front patio for morning coffee welcomes you to a spacious & open home with a great living area anchored by a gas log fireplace & plenty of natural light. Grand cathedral ceilings add elegance & each area flows to the next with dining & large kitchen making it easy to host guests or simply move about. The Kitchen with granite counters & SS appliances also boasts a breakfast bar. You will be amazed at the storage, from the over sized laundry area with sink & room for an extra fridge and sitting, there is an additional storage room and mud room area at back door. Both bedrooms are well sized & with good sized closets. Private 2-car garage attached. Common amenities include swimming pool, clubhouse, fitness center, library, conference room, full kitchen, gaming & sitting areas. Near shopping, restaurants, a nature Preserve, medical, & more! Virtual Tour shows it best.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$252,246Estimated Mortgage Balance
$93,754Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$448
$336,708
2025
$54,900
$281,808
$336,708
No

Tax History

Year
Tax Paid
Assessed Value
2024
$448
$336,708

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$262,500
No
First
Mar 7, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,246
$93,754
27%
73%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$1,999/mo
+$111/mo
7.3%

City: Plano

2601 Marsh Ln Unit 262 | Property Details | No Agent List