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$1,150,000

NAL Estimated Property Value

5401 Grasmere Dr, Plano, TX, 75093

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$290.53 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Microwave, Convection Oven, Double Oven
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1988
Stories2
Roof Type104
Garage Spaces2

Land Information

APNR-2372-00C-0090-1
Lot Number9
SubdivisionKingsborough In Old Shepard Place (Cpl)
Land UseResidential
Legal DescriptionKINGSBOROUGH IN OLD SHEPARD PLACE (CPL), BLK C, LOT 9
Census Tract031649
Assessed Land Value$262,500
Assessed Improvement Value$770,382
Assessment Year2025

About this property

Located in the coveted Kingsborough addition within the Old Shepard portion of Willow Bend, 5401 Grasmere is a rare offering in Plano’s luxury market. Positioned on a .310-acre lot, the home enjoys an enviable setting just steps from the Gleneagles Country Club golf course, a location that delivers both prestige and lifestyle. This residence offers 4 bedrooms and 6 bathrooms with multiple living and entertaining spaces designed to impress. Cathedral vaulted ceilings, wood flooring, dental moulding, and plantation shutters create a refined yet inviting atmosphere throughout. Two gas fireplaces anchor the main living areas, while the wet bar makes hosting effortless. The kitchen features a built-in refrigerator and flows naturally into the main living spaces, ideal for gatherings both large and small. The expansive backyard provides a private outdoor retreat with a pool and spa combo, ideal for relaxing or hosting. Generously sized rooms and a functional layout offer comfort, space, and flexibility. With its oversized lot, elegant design, and immediate proximity to Gleneagles, 5401 Grasmere is a standout in one of Plano’s most sought-after luxury communities.

Investor Tools

Property Icon
$1,150,000
Estimated Property Value
$978,656Estimated Mortgage Balance
$171,344Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,494 /month
Positive
Cash Flow Estimate:
$2,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,681/month
$1,850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,417
$1,032,882
2025
$262,500
$770,382
$1,032,882
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,417
$1,032,882

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Conventional
$64,600
No
First
Jul 21, 2021
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$978,656
$171,344
14%
85%
$388/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,470/mo
$2,238/mo
+$1,232/mo
3.6%

Learn About the Market: Opportunity in Texas

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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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5401 Grasmere Dr | Property Details | No Agent List