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$476,000

NAL Estimated Property Value

2845 Teakwood Lane, Plano, TX, 75075

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,866 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$254.56 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Double Oven
FlooringTile, Vinyl

Exterior

Exterior FeaturesFire Pit, Outdoor Grill, Outdoor Kitchen

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0347-012-0230-1
Lot Number23
SubdivisionPark Blvd Estates West No 2-B (Cpl)
Land UseResidential
Legal DescriptionPARK BLVD ESTATES WEST NO 2-B (CPL), BLK L, LOT 23
Census Tract031627
Assessed Land Value$100,800
Assessed Improvement Value$330,416
Assessment Year2025

About this property

Don't miss this incredible opportunity in central Plano for a beautifully updated home with many upgrades. First impressions are everything and this one begins with a heavy steel front door which opens to an open concept layout with abundant natural light thanks to the newer windows. You will immediately appreciate the new LVP floors and oversized baseboards throughout (no carpet) as well as fresh paint and upgraded lighting and fixtures. The kitchen overlooks the family room and has been completely upgraded with new soft close shaker cabinets, farm sink, gorgeous granite countertops and custom backsplash. The appliances are like new and the upgraded gas range boasts a double oven. The family room is centrally located in the heart of the home and provides access to the incredible oversized covered patio complete with built-in gas grill, mini-fridge, sink and fireplace! As if that wasn't enough to make you the envy of all your neighbors, you will also find a beautiful hot tub and detached workshop (or man cave or she shed) complete with electricity. Absolutely perfect for entertaining or enjoying resort style family gatherings. The primary bedroom has a large walk in closet and is attached to a fully updated bathroom with double vanities and custom shower. The guest bathroom is attached to two of the bedrooms (Jack and Jill) and is also oversized and fully updated. This 4 bedroom home provides all the amenities as well as MANY extras! Incredible location close me abundant shopping and entertainment. Plano ISD. Make this your next dream home!

Investor Tools

Property Icon
$476,000
Estimated Property Value
$379,781Estimated Mortgage Balance
$96,219Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,856 /month
Positive
Cash Flow Estimate:
$952 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$810/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,337
$431,216
2025
$100,800
$330,416
$431,216
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,337
$431,216

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Unknown
$380,880
No
First
Mar 24, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,781
$96,219
20%
80%
$2,284/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.

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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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2845 Teakwood Lane | Property Details | No Agent List