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$373,410

NAL Estimated Property Value

3241 Parma Ln, Plano, TX, 75093

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,535 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$250.81 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size3,467 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR251095
Lot Number18
SubdivisionPasquinellis Parker Estates Ph Ii
Land UseResidential
Legal DescriptionPASQUINELLIS PARKER ESTATES PH II BLK F LOT 18
Census Tract021648
Assessed Land Value$75,000
Assessed Improvement Value$298,410
Assessment Year2025

About this property

A Must See! Lovingly maintained and obnoxiously clean townhome in West Plano location. This amazing home features tons of warm, natural light through grand windows overlooking a charming, fenced patio and greenbelt, a spacious open floorplan with lovely wood floors, a kitchen that opens to the family room, vaulted ceilings, large master and secondary bedroom, both complete with private full baths, and a half bath for guests. Minutes from major roads, shopping, dining, and Arbor Hills Nature Preserve, yet tucked away in an attractive, quiet neighborhood. If you are looking for a great deal on a spectacular home this is the one. Don't miss it!

Investor Tools

Property Icon
$373,410
Estimated Property Value
$240,475Estimated Mortgage Balance
$132,935Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
$331/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,377
$373,410
2025
$75,000
$298,410
$373,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,377
$373,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$250,250
No
First
Mar 12, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,475
$132,935
35%
64%
$1,501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$1,832/mo
+$828/mo
8.5%

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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3241 Parma Ln | Property Details | No Agent List