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$491,392

NAL Estimated Property Value

3908 Merriman Dr, Plano, TX, 75074

$528,109 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,939 Sq Ft
price_per_sqft$112.25 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

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, Convection Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0681-008-0020-1
Lot Number2
SubdivisionLos Rios Addition Phase 8 (Cpl)
Land UseResidential
Legal DescriptionLOS RIOS ADDITION PHASE 8 (CPL), BLK H, LOT 2
Census Tract031324
Assessed Land Value$120,750
Assessed Improvement Value$370,642
Assessment Year2025

About this property

Across the street facing this home are 2-3A million dollar homes homes! All 4 bedrooms & 3 baths are downstairs (all tile downstairs) & gameroom upstairs (new carpet). The pool is in a separate yard. The 2nd fenced-in yard off of the kitchen & breakfast room is great for play equipment, dog yard or a flower,herb, or veggie garden. Master bedroom has a recessed sitting area with a fireplace. Just off of the garage entry is a 4th bedroom with closet & a full 3rd bath. Remodeled kitchen & all bathrooms.Tankless water heater too! In the master bath there is a walk-in shower, a separate TUB-4-2, & separate vanities. This home has amazing living room space for you to entertain.

Investor Tools

Property Icon
$491,392
Estimated Property Value
$270,392Estimated Mortgage Balance
$221,000Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$528,109
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,948 /month
Positive
Cash Flow Estimate:
$983 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,114
$491,392
2025
$120,750
$370,642
$491,392
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,114
$491,392

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$313,500
No
First
Jun 27, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,392
$221,000
44%
55%
$1,880/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$1,880/mo
+$1,060/mo
7.2%

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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3908 Merriman Dr | Property Details | No Agent List