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$338,000

NAL Estimated Property Value

2601 Marsh Ln Unit 292, 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 2005

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 Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesCourtyard, Uncovered Courtyard

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR279116
SubdivisionVillage At Prestonwood Condominiums
Land UseResidential
Legal DescriptionVILLAGE AT PRESTONWOOD CONDOMINIUMS BLD 29 UNT 292 PLUS 0.6068 % INT IN COM AREA
Census Tract021648
Assessed Land Value$54,900
Assessed Improvement Value$275,476
Assessment Year2025

About this property

55+ Active Adult Community. Owner Must Occupy. Wonderful Village at Prestonwood with common amenities including swimming pool and clubhouse with fitness center, library, conference room, full kitchen, gaming, and sitting areas. This Villa plan features Open Concept living with Cathedral Ceilings in living, dining and kitchen with a plethora of cabinet space, preparation counters and serving counters Plus a Breakfast Bar. Primary Ensuite has large walk-in closet. Guest Bedroom has adjacent full hall bath. Unique in this plan is separate large laundry-utility area plus storage closets in addition to the kitchen pantry. Feels larger than the reported square feet. Freshly painted, light-filled and not an inch of wasted space. Seller, the original owner, had 16 Seer HVAC installed to include Air and Heat in Garage in Jan. of 2019 with Comfort Service Plan to Jan. 2029. (+Nest Thermostat) Exterior Maintenance covered by Condo Association. Easy Walking Distance to Clubhouse.

Investor Tools

Property Icon
$338,000
Estimated Property Value
$320,185Estimated Mortgage Balance
$17,815Estimated Equity
5% 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
$213/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$865
$330,376
2025
$54,900
$275,476
$330,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$865
$330,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Unknown
$323,000
No
First
Nov 24, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,185
$17,815
5%
95%
$1,937/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$2,332/mo
$-222/mo
7.5%

City: Plano

2601 Marsh Ln Unit 292 | Property Details | No Agent List