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$525,000

2808 Fountain Head Dr, Plano, TX, 75023

$562,238 ARVInfo
PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,938 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.69 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0231-005-0040-1
Lot Number4
SubdivisionIndependence Square Section One (Cpl)
Land UseResidential
Legal DescriptionINDEPENDENCE SQUARE SECTION ONE (CPL), BLK 5, LOT 4
Census Tract031613
Assessed Land Value$135,000
Assessed Improvement Value$348,500
Assessment Year2025

About this property

This open-concept home is ideal for family gatherings or entertaining guests. It features two living areas, a study, a dining room, and a breakfast room. The bathrooms have been updated, and the walls have been freshly painted. The spacious kitchen includes ample cabinet storage, quartz countertops, a gas stove, and stainless steel appliances such as a refrigerator, microwave, and dishwasher. There is also an eating bar and generous counter space for meal preparation. The living area is bright and inviting, with a high vaulted ceiling, gas fireplace, and abundant natural light. The main bedroom offers an ensuite bathroom. A large flexible room at the back of the house, formerly the garage, provides additional space to suit your needs. The oversized utility room offers plenty of storage. French doors open to a charming side courtyard, creating a private and relaxing outdoor retreat. The front yard is professionally landscaped with lighting and a capped, board-on-board fence. The large backyard offers ample space for future projects. Additional features include gutters and a back-entry driveway for convenient parking.

Investor Tools

$417,836Estimated Mortgage Balance
$103,522Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$562,237
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,610
$483,500
2025
$135,000
$348,500
$483,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,610
$483,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Va
$455,840
Yes
First
Dec 10, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$417,836
$92,164
18%
81%
$2,733/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,040/mo
$2,733/mo
+$307/mo
7.0%

City: Plano

2808 Fountain Head Dr | Property Details | No Agent List