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$700,000

4021 Carmichael Dr, Plano, TX, 75024

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,358 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.46 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

High EquityMove-In Ready

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, Double Oven, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2801-00A-0060-1
Lot Number6
SubdivisionMeadow Ridge (Cpl)
Land UseResidential
Legal DescriptionMEADOW RIDGE (CPL), BLK A, LOT 6
Census Tract031662
Assessed Land Value$150,000
Assessed Improvement Value$585,876
Assessment Year2025

About this property

Discover the perfect blend of comfort, style, and convenience in this beautifully updated 4 bedroom, 3 bath Plano home located in the highly sought-after Plano ISD. Fresh exterior paint, newly sodded front yard, and mature trees create inviting curb appeal, while thoughtful updates throughout offer move-in ready appeal. A custom mahogany front entry door creates a warm welcome into a light-filled interior designed for both everyday living and entertaining. The elegant office features custom French doors, offering a private and refined workspace. An inviting living room showcases a decorative fireplace and a wall of large windows that fill the space with natural light while overlooking the backyard pool. The formal dining room is ideal for hosting gatherings, while the eat-in kitchen offers an island, built-in appliances, ample storage, and a bright breakfast nook. The stunning primary suite provides a peaceful retreat with a spacious sitting area, ensuite bath, and walk-in closet. The primary bath features dual sinks, a separate shower, and a soaking tub. A downstairs guest bedroom and full bath offer added flexibility for visitors or multi-generational living. Upstairs, you’ll find a versatile game, media, or recreation room along with a beautifully remodeled bathroom. Carefully maintained with recent updates including a new roof and gutters, freshly painted interior, cosmetic and weather-related repairs, and pool coping updates. The private backyard oasis features a sparkling pool and sitting area perfect for outdoor enjoyment. Conveniently located near shopping, dining, parks, and major commuter routes with the added benefit of no HOA. 3D tour available online.

Investor Tools

Property Icon
$735,876
Estimated Property Value
$430,411Estimated Mortgage Balance
$349,623Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,415 /month
Positive
Cash Flow Estimate:
$1,472 /month

Interested in this property?

Randall Potz

Redfin Corporation

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$992/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,227
$735,876
2025
$150,000
$585,876
$735,876
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,227
$735,876

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Va
$430,411
Yes
First
Jan 19, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,253
$349,623
47%
52%
$2,581/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$2,581/mo
+$1,099/mo
6.0%

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.

Explore Texas Explore This Area
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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4021 Carmichael Dr | Property Details | No Agent List