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$543,754

NAL Estimated Property Value

3509 Omar Lane, Plano, TX, 75023

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,648 Sq Ft
price_per_sqft$141.62 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Garden

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0448-004-0160-1
Lot Number16
SubdivisionSpring Creek Parkway Estates West No 6 (
Land UseResidential
Legal DescriptionSPRING CREEK PARKWAY ESTATES WEST NO 6 (CPL), BLK D, LOT 16
Census Tract031636
Assessed Land Value$135,000
Assessed Improvement Value$408,754
Assessment Year2025

About this property

A MUST SEE! Custom built-ins, Pella & Anderson windows, updated baths with oversized showers, variable speed 17 Seer HVAC, professionally landscaped, with SO MANY MORE EXTRAS! Wait until you see the master bath & 13ft.x 13ft. closet! Master bath & the closet have heated floors! AND THAT'S NOT ALL ... the attic has an 8ft x 10ft climate controlled storage room above the garage. NO POPCORN CEILINGS. The kitchen cabinets were custom built. Be sure to see the bottom cabinets have pull out shelves. The kitchen drawers have a full extension, easy to get to items in the back of the drawer and some of the drawers are designed to hold spices. This large kitchen opens to the den making a great space for entertaining.

Investor Tools

Property Icon
$543,754
Estimated Property Value
$295,750Estimated Mortgage Balance
$248,004Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,263 /month
Positive
Cash Flow Estimate:
$1,088 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,388
$543,754
2025
$135,000
$408,754
$543,754
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,388
$543,754

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$342,900
No
First
Jun 26, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,750
$248,004
45%
54%
$2,056/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,040/mo
$2,056/mo
+$984/mo
6.7%

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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3509 Omar Lane | Property Details | No Agent List