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$500,000

4120 Merriman Drive, Plano, TX, 75074

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,290 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.34 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Storage

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0681-007-0350-1
Lot Number35
SubdivisionLos Rios Addition Phase 8 (Cpl)
Land UseResidential
Legal DescriptionLOS RIOS ADDITION PHASE 8 (CPL), BLK G, LOT 35
Census Tract031324
Assessed Land Value$120,750
Assessed Improvement Value$373,355
Assessment Year2025

About this property

Charming one-story home featuring a stunning 9-foot-deep saltwater pool, a covered back patio with a fan, and a storage shed. This spacious home offers four oversized bedrooms, including one with an attached flex room. The kitchen boasts ample counter space and storage, along with a beautiful breakfast nook featuring a built-in buffet, conical ceiling, and wood wainscoting. The formal dining room connects to the kitchen through double doors, while the living room showcases a large brick fireplace, wood-paneled walls, and exposed ceiling beams. The generous primary suite includes dual sink areas, a large soaking tub, a glass-enclosed shower, and two walk-in closets. Situated on over a quarter-acre lot, this home is conveniently located near parks, shopping, and major highways.

Investor Tools

$0Estimated Mortgage Balance
$510,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

Interested in this property?

Tonya Peek

Coldwell Banker Realty Frisco

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$494,105
2025
$120,750
$373,355
$494,105
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$494,105

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$510,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
N/A
+$2,940/mo
6.9%

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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