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$452,053

NAL Estimated Property Value

2705 Downing Dr, Plano, TX, 75023

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,146 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.72 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringCarpet, Ceramic Tile

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0560-011-0180-1
Lot Number18
SubdivisionParker Road Ests West No 1-W (Cpl)
Land UseResidential
Legal DescriptionPARKER ROAD ESTS WEST NO 1-W (CPL), BLK 11, LOT 18
Census Tract031613
Assessed Land Value$110,000
Assessed Improvement Value$342,053
Assessment Year2025

About this property

Welcome to 2705 Downing Drive, the lowest-priced home currently available in highly sought-after West Plano. This property is priced to sell, offering a rare chance to get into one of Plano’s most desirable neighborhoods at an incredible value. The single-story layout features spacious living and dining areas filled with natural light, a cozy brick fireplace, and a functional kitchen ready for your personal touches. With multiple bedrooms, a flexible floorplan, and plenty of storage, the home provides a solid foundation for customization and upgrades. While the home does need some updating, it is priced accordingly—perfect for buyers who want to add their own style and create equity. Outside, the property sits on a quiet, tree-lined street with mature landscaping and a private backyard. Location is unbeatable. Just minutes from Legacy West, The Shops at Legacy, and Granite Park, you’ll enjoy easy access to world-class dining, retail, and entertainment. Commuting is a breeze with quick connections to Dallas North Tollway, Highway 121, and US-75. Major employers like Toyota HQ, JPMorgan Chase, Liberty Mutual, and Frito-Lay are all nearby, along with award-winning Plano ISD schools. This is a unique opportunity to own in West Plano at the best price point in the area. Whether you’re an investor, first-time buyer, or someone ready to renovate and design your dream home, this property is full of potential. Homes like this also make excellent long-term rentals thanks to Plano’s strong demand and central location. Don’t miss your chance—homes at this price in West Plano don’t last long. Schedule your showing today and see the potential for yourself. HOME BEING SOLD AS-IS

Investor Tools

Property Icon
$452,053
Estimated Property Value
$868,562Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,712 /month
Positive
Cash Flow Estimate:
$904 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$807
$452,053
2025
$110,000
$342,053
$452,053
No

Tax History

Year
Tax Paid
Assessed Value
2024
$807
$452,053

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rflf 4 Llc
Building Or Construction Loan
$438,750
No
First
Oct 14, 2025
Nov 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$868,562
N/A
0%
192%
$5,262/mo

Learn About the Market: Opportunity in Texas

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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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2705 Downing Dr | Property Details | No Agent List