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$281,000

NAL Estimated Property Value

2601 Preston Road 2202, Plano, TX, 75093

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,220 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$184.43 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1995
Stories1
Garage Spaces1

Land Information

APNR-8875-000-2202-1
Lot Number2202
SubdivisionMarquis At Preston Tulane Condominiums (
Land UseResidential
Legal DescriptionMARQUIS AT PRESTON TULANE CONDOMINIUMS (CPL), UNIT 2202, .014976 % CMN INT
Census Tract031667
Assessed Land Value$105,168
Assessed Improvement Value$174,228
Assessment Year2025

About this property

Price reduced, LOCATION, LOCATION, LOCATION within walking distance to dining and shopping; Trader Joe's, Whole Foods and shopping. Beautiful well maintained 2nd floor condo in gated community of Marquis at Preston Tulane. It offers 2 bedrooms and 2 baths with attached one car garage. Spacious living room with hardwood flooring in common area, fresh paint and crown molding throughout. The kitchen has Granite countertop, refrigerator stays with the unit. Carpet installed in 2020. Water heater replaced in 2018, HVAC replaced in 2017. MOVE IN READY.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$153,266Estimated Mortgage Balance
$127,734Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
$390/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,301
$279,396
2025
$105,168
$174,228
$279,396
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,301
$279,396

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Greatwall Inc
Conventional
$169,125
No
First
Jun 1, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,266
$127,734
45%
55%
$1,014/mo

City: Plano

2601 Preston Road 2202 | Property Details | No Agent List