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$867,000

5804 Milano Dr, Plano, TX, 75093

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,023 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$286.8 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2737-00B-0100-1
Lot Number10
SubdivisionPreston Springs Phase Ii Section A (Cpl)
Land UseResidential
Legal DescriptionPRESTON SPRINGS PHASE II SECTION A (CPL), BLK B, LOT 10
Census Tract031675
Assessed Land Value$190,000
Assessed Improvement Value$455,938
Assessment Year2025

About this property

Located at 5804 Milano Drive, this beautifully updated 4-bedroom, 3.5-bath custom home offers over 3,000 square feet of elegant living space in one of West Plano’s most sought-after neighborhoods. The kitchen is a chef’s dream, featuring sleek custom cabinetry, light granite countertops, high-end stainless steel appliances, and a stylish backsplash. Open to the spacious family room with a stacked-stone fireplace, it’s perfect for entertaining or everyday living. The tranquil owner’s suite is located on the main floor and offers a bay window, a custom walk-in closet, and a spa-like bath with double vanities and a walk-in shower. Upstairs, you’ll find three generously sized bedrooms and a large game room that can easily be customized to fit your needs. Enjoy outdoor living in the covered patio with wood-look tile, ideal for dining, relaxing, or entertaining guests. The backyard offers plenty of space for play and leisure—an exceptional feature, as it's rare to find such a large patio and yard space in a home of this size. This is the kind of home that any buyer would be lucky to have. The sellers have gone above and beyond with maintenance and upgrades—you just don't see homes like this anymore. Highlights include refinished wood flooring, new carpet, fresh paint, turf installation, a new roof, and so much more. This home is ideally located near top-rated Plano ISD schools, premier shopping, dining, parks, and major highways.

Investor Tools

Property Icon
$791,000
Estimated Property Value
$640,000Estimated Mortgage Balance
$160,360Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,202 /month
Positive
Cash Flow Estimate:
$1,734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,127/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,566
$645,938
2025
$190,000
$455,938
$645,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,566
$645,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$640,000
No
First
Jul 25, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$630,640
$160,360
20%
80%
$3,838/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,470/mo
$4,338/mo
$-868/mo
5.3%

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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