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$389,000

NAL Estimated Property Value

508 Sundown Circle, Plano, TX, 75023

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,115 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.03 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Ice Maker, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Storage

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1374-007-0090-1
Lot Number9
SubdivisionTown West Four (Cpl)
Land UseResidential
Legal DescriptionTOWN WEST FOUR (CPL), BLK 7, LOT 9
Census Tract031611
Assessed Land Value$99,000
Assessed Improvement Value$271,786
Assessment Year2025

About this property

Multiple offers received! Deadline at 2:00 June 20th.You'll be swimming this summer! Well maintained home on a quiet cul-d-sac in the heart of Central Plano. Curb appeal includes large mature trees in the front yard. This 3 bed 2 bath home includes two separate backyards, multiple patios and decks that makes for an outdoor living dream. The spacious living room features a large wood burning fireplace and vaulted ceilings. The updated kitchen overlooks the living room and looks out over the pool. This home is an entertainers dream. The converted garage is perfect for a pool table, game room, man cave, or another bedroom. Just a few minutes drive, or walk, to schools, major shopping, and US75. The beautiful backyard features a recently updated gunite pool and tons of entertaining space. The second backyard includes a covered patio accessed by the master bedroom and provides a private retreat. To many updates to list! Come see this home, it won't last long!

Investor Tools

Property Icon
$389,000
Estimated Property Value
$465,243Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,888
$370,786
2025
$99,000
$271,786
$370,786
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,888
$370,786

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Fha
$397,664
Yes
First
Jul 18, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$465,243
N/A
0%
120%
$2,968/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,330/mo
$2,968/mo
$-638/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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508 Sundown Circle | Property Details | No Agent List