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$960,000

3929 Alma Dr, Plano, TX, 75023

$1,248,000 ARVInfo
Off MarketInfo
CommercialInfo
Baths6,212 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1984

Highlights

Interior

FlooringLaminate, Tile, Vinyl

Exterior

Lot Size40,001 sqft

Building Information

Year Built1984
Stories1

Land Information

APNR-1497-001-0010-1
Lot Number1
SubdivisionDegroot Alma Road Addition (Cpl)
Land UseCommercial
Legal DescriptionDEGROOT ALMA ROAD ADDITION (CPL), BLK 1, LOT 1
Census Tract031628
Assessed Land Value$360,010
Assessed Improvement Value$599,990
Assessment Year2025

About this property

Fully furnished Childcare building available in Plano. Turnkey building, ready to move in. Includes all the FF&E. Building fully updated in 2007 & then again in 2019. Previous licensed capacity of 119. 6 large Classrooms, 1 large Multi-purpose room with high ceilings, Kitchen, Waiting-room, Office, Reception, Storage & Playground. Avg Household Income of $131,000+ in the 3-mile radius. Located in an established area of Plano.

Investor Tools

Property Icon
$960,000
Estimated Property Value
$1,040,000Estimated Mortgage Balance
$51,292Estimated Equity
-8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,248,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,633/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,793
$960,000
2025
$360,010
$599,990
$960,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,793
$960,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Commercial
$1,040,000
No
First
Dec 5, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$908,708
$51,292
5%
95%
$6,236/mo

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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3929 Alma Dr | Property Details | No Agent List