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$412,000

NAL Estimated Property Value

2700 Downing Dr, Plano, TX, 75023

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.54 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Double Oven, Plumbed For Ice Maker, None
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0560-010-0150-1
Lot Number15
SubdivisionParker Road Ests West No 1-W (Cpl)
Land UseResidential
Legal DescriptionPARKER ROAD ESTS WEST NO 1-W (CPL), BLK 10, LOT 15
Census Tract031613
Assessed Land Value$110,000
Assessed Improvement Value$287,575
Assessment Year2025

About this property

Fabulous One Story Brick Home in the Highly Sought After Neighborhood of Parker Road Estates, A-Rated Hughston Elementary and Horseshoe Park. Situated on an Oversized Corner Lot with a Large Pool-Sized Backyard. This 3 Bedroom, 2 Bath offers Updated Bathrooms, Eat-In Kitchen with Double Ovens, Large Dining Room, Vaulted Ceilings in the Family Room with Brick Fireplace! Great Location! Easy Access to Highways, Shopping and Restaurants. NO HOA! Plano ISD! Ready for its new owners!

Investor Tools

Property Icon
$412,000
Estimated Property Value
$335,119Estimated Mortgage Balance
$76,881Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,472 /month
Positive
Cash Flow Estimate:
$824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$600/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,141
$397,575
2025
$110,000
$287,575
$397,575
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,141
$397,575

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$362,900
No
First
Apr 14, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,119
$76,881
18%
81%
$2,176/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,330/mo
$2,176/mo
+$154/mo
6.8%

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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2700 Downing Dr | Property Details | No Agent List