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$519,000

3057 Martello Ln, Plano, TX, 75074

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,241 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.59 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size5,738 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10510-00C-0060-1
Lot Number6
SubdivisionTimber Brook North Phase Ii (Cpl)
Land UseResidential
Legal DescriptionTIMBER BROOK NORTH PHASE II (CPL), BLK C, LOT 6
Census Tract031421
Assessed Land Value$104,500
Assessed Improvement Value$401,588
Assessment Year2025

About this property

Beautiful Home -Cul De Sac-premium lot. Greenbelt-trees, creek & pond, private & peaceful! Wonderful Floor Plan-gently lived in home shows like new! Hardwood floors -Open Concept. Granite Counters- Upgraded Monogram Appliances, 5 Burner Gas Stove & Commercial Grade Vent-A-Hood, Island breakfast Bar with double sink,Dining area. Tank-less Water Heater. Large Master bedroom Suite. Backyard-10 X 20 Patio added and grassy area. Brick-Stone back fence. Neighborhood Parks and Ponds- Min. away to Oak Point Nature Preserve with 20 miles of trails and lakes. HOA maintains pond and creek.

Investor Tools

Property Icon
$506,088
Estimated Property Value
$416,000Estimated Mortgage Balance
$98,037Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$754/month
$463/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,519
$506,088
2025
$104,500
$401,588
$506,088
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,519
$506,088

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$416,000
No
First
Apr 28, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,051
$98,037
19%
81%
$2,495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$2,958/mo
$-698/mo
5.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3057 Martello Ln | Property Details | No Agent List