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$4,500

$674,500

3521 Michael Dr, Plano, TX, 75023

On MarketInfo
Just AddedInfo
LeaseInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,009 Sq Ft
price_per_sqft$1.5 / sqft
Year BuiltBuilt in 1985

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, Gas Water Heater, Double Oven
FlooringCarpet, Marble, Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1775-001-1330-1
Lot Number133
SubdivisionForest Creek Estates Phase Iii (Cpl)
Land UseResidential
Legal DescriptionFOREST CREEK ESTATES PHASE III (CPL), BLK A, LOT 133
Census Tract031636
Assessed Land Value$128,000
Assessed Improvement Value$578,563
Assessment Year2025

About this property

Nestled in the award-winning Forest Creek Estates neighborhood, this exceptional 4-bedroom, 3-bath residence offers timeless architecture, generous living spaces, and an unbeatable Plano location. Forest Creek Estates has been recognized as one of Plano's BEST Neighborhoods and is known for its beautiful homes, strong sense of community, and pride of ownership. Originally featured during the neighborhood's prestigious Tour of Homes, this custom residence showcases the craftsmanship and design that made Forest Creek Estates one of Plano's most admired communities. From the moment you arrive, you'll appreciate the stately curb appeal. Inside, soaring ceilings, extensive crown molding, plantation shutters, built-ins, and abundant natural light create an atmosphere of elegance and comfort. Multiple living and dining areas provide exceptional flexibility for entertaining and everyday living. The spacious family room features vaulted ceilings, custom built-ins, and a handsome fireplace, while the formal Living and dining rooms are ideal for holiday gatherings and special occasions. The kitchen offers extensive cabinetry, generous counter space, double ovens, a gas cooktop, and breakfast area. The private primary suite is a true retreat, featuring vaulted ceilings, an ensuite bath with separate shower, garden tub, dual vanities, and walk-in closets. Step outside to your private backyard oasis complete with a sparkling pool, covered patio, and plenty of space for relaxing or entertaining. Enjoy convenient access to major thoroughfares including the Dallas North Tollway, President George Bush Turnpike, Highway 75, and Sam Rayburn Tollway. Outdoor enthusiasts will love being just minutes from Jack Carter Park and Jack Carter Pool, along with nearby walking and biking trails, recreation facilities, shopping, dining, and highly regarded Plano ISD schools. A rare opportunity to own a distinguished home in one of Plano's most established and celebrated neighborhoods.

Interested in this property?

Crystal Rice

eXp Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,731
$706,563
2025
$128,000
$578,563
$706,563
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,731
$706,563

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southern Mortgage Group Llc
Conventional
$388,800
No
First
Jan 8, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,218
$358,345
50%
49%
$2,332/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,040/mo
$2,332/mo
+$708/mo
5.2%

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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