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$471,000

NAL Estimated Property Value

2608 Cedar Elm Lane, Plano, TX, 75075

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,941 Sq Ft
price_per_sqft$193.2 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringWood

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0495-007-0060-1
Lot Number6
SubdivisionTimbercreek Estates (Cpl)
Land UseResidential
Legal DescriptionTIMBERCREEK ESTATES (CPL), BLK G, LOT 6
Census Tract031627
Assessed Land Value$108,000
Assessed Improvement Value$329,050
Assessment Year2025

About this property

Newly remodeled home within walking distance to schools. Kitchen features new appliances, cabinets and quartz counter tops. Engineered hardwood floors throughout. Backyard perfect for summer fun featuring pool, cabana and covered patio with media connections. New light fixtures on front of home. Front yard recently updated: walkway, walkway lighting and tree surround. Ample parking on side of home large enough for a boat as well as additional parking behind garage for guests.

Investor Tools

Property Icon
$471,000
Estimated Property Value
$329,003Estimated Mortgage Balance
$141,997Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,826 /month
Positive
Cash Flow Estimate:
$942 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,656
$437,050
2025
$108,000
$329,050
$437,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,656
$437,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Conventional
$363,750
No
First
May 3, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,003
$141,997
30%
70%
$2,181/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$2,181/mo
+$9/mo
5.6%

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.

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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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2608 Cedar Elm Lane | Property Details | No Agent List