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$655,000

3001 Malibu Pl, Plano, TX, 75023

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,597 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.21 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave

Building Information

Year Built1978
Stories1
Roof Type104
Garage Spaces2

Land Information

APNR-0397-004-0270-1
Lot Number27
SubdivisionPrairie Creek Estates No 3 (Cpl)
Land UseResidential
Legal DescriptionPRAIRIE CREEK ESTATES NO 3 (CPL), BLK D, LOT 27
Census Tract031613
Assessed Land Value$135,000
Assessed Improvement Value$389,726
Assessment Year2025

About this property

Completely reimagined from top to bottom, this exceptional residence showcases the perfect blend of timeless architecture, designer finishes, and extensive mechanical updates. Situated on a beautifully treed corner lot in one of Plano's most established and desirable neighborhoods, this move-in-ready home offers approximately 2,597 square feet of thoughtfully curated living space designed for today's discerning buyer. From the moment you enter, soaring vaulted ceilings, rich wood accents, custom architectural details, designer lighting, and stunning herringbone luxury vinyl plank flooring create an atmosphere of understated elegance. Expansive living spaces filled with natural light provide an effortless flow for both everyday living and sophisticated entertaining. At the heart of the home, the designer kitchen is a true showpiece, featuring custom-crafted cabinetry, premium quartz countertops, stainless steel appliances, abundant prep space, and a layout that seamlessly connects to the main living areas—perfect for gathering with family and friends. The luxurious primary suite serves as a private retreat with a spa-inspired bath featuring a freestanding soaking tub, oversized walk-in shower, dual vanities, and separate his-and-her walk-in closets that deliver exceptional organization and everyday convenience. Two additional bedrooms and beautifully renovated baths continue the home's refined aesthetic. Beyond its stunning appearance, this home offers the confidence of significant capital improvements rarely found in homes of this era. Major updates include foundation repairs, replacement of the original cast-iron plumbing, energy-efficient windows, updated insulation and attic sealing, upgraded ductwork, luxury flooring throughout, fresh interior paint, new interior doors and trim, beautifully remodeled bathrooms, a recently updated HVAC system, and a premium long-life roof—providing lasting value and peace of mind.

Investor Tools

Property Icon
$524,726
Estimated Property Value
$237,500Estimated Mortgage Balance
$289,995Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month

Interested in this property?

Patty Woessner

LOVE 316 REALTY LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,234
$524,726
2025
$135,000
$389,726
$524,726
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,234
$524,726

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$237,500
No
First
Dec 3, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,731
$289,995
55%
45%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,330/mo
$1,424/mo
+$906/mo
5.3%

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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3001 Malibu Pl | Property Details | No Agent List