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$200,000

2601 Preston Road 5103, Plano, TX, 75093

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths811 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$246.61 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built1995
Stories1
Garage Spaces1

Land Information

APNR-8875-000-5103-1
Lot Number5103
SubdivisionMarquis At Preston Tulane Condominiums (
Land UseResidential
Legal DescriptionMARQUIS AT PRESTON TULANE CONDOMINIUMS (CPL), UNIT 5103, .011516 % CMN INT
Census Tract031667
Assessed Land Value$78,000
Assessed Improvement Value$149,272
Assessment Year2025

About this property

Welcome to this adorable and affordable one story property on the first floor. Well maintained with wood floors in entry, dining and kitchen. Spacious living room with fireplace open to entry and dining area. Awesome kitchen features granite countertops, stainless sink, electric range, microwave and fridge. Charming master suite includes vanity table and large walk-in closet. Beautifully updated bathroom with recently replaced walk-in shower with sliding glass doors, new tile flooring and granite countertop. Inviting backyard with covered patio. Complete package includes front and backyard lawn maintenance service plus trash. One car garage is attached to the property for convenience and safety.

Investor Tools

Property Icon
$251,000
Estimated Property Value
$0Estimated Mortgage Balance
$82,056Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,506 /month
Positive
Cash Flow Estimate:
$502 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
$319/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,590
$227,272
2025
$78,000
$149,272
$227,272
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,590
$227,272

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$187,150
No
First
Apr 14, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,944
$82,056
32%
67%
$1,123/mo

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.

Explore Texas Explore This Area
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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