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$482,000

NAL Estimated Property Value

3824 Merriman Dr, Plano, TX, 75074

$485,862 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,653 Sq Ft
price_per_sqft$184.32 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1351-010-0020-1
Lot Number2
SubdivisionLos Rios Addition Phase 9 (Cpl)
Land UseResidential
Legal DescriptionLOS RIOS ADDITION PHASE 9 (CPL), BLK J, LOT 2
Census Tract031324
Assessed Land Value$126,500
Assessed Improvement Value$327,500
Assessment Year2025

About this property

Welcome to the fabulous Los Rios neighborhood, home to Bob Woodruff Park with miles of walking, running, biking trails connecting to Oak Point and beyond! The park also has a fishing pond, playground, sand volleyball and picnic areas. Oak point is where you will experience Plano's annual balloon festival and fireworks. Entering the home will bring you into the living room with abundant natural light from a wall of windows. Turning right you will see butcher block countertops, white cabinetry and white subway tile backsplash. The formal dining is currently homeschool space. Dining room hallway leads you to a cozy den with its' own fireplace, half bath and wet bar. If you don't need a den, yet would love an office, a wall full of shelving and cabinets would be perfect for this. 4 bdrms at other end of the house, jack and jill bathroom between 2 bdrms, primary has en suite. Covered patio and spacious garage with alley access. Come take a look and make 3824 Merriman Dr. your new home! Buyer and Buyers agent to confirm schools and all measurements and systems.

Investor Tools

Property Icon
$482,000
Estimated Property Value
$385,753Estimated Mortgage Balance
$96,247Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$485,861
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,587
$454,000
2025
$126,500
$327,500
$454,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,587
$454,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Weichert Financial Services
Conventional
$388,000
No
First
Jan 29, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,753
$96,247
19%
80%
$2,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$2,327/mo
+$613/mo
7.3%

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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3824 Merriman Dr | Property Details | No Agent List