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$908,632

NAL Estimated Property Value

6002 Rathbone Dr, Parker, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,509 Sq Ft
price_per_sqft$262.18 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Rain Gutters, Lighting, Outdoor Grill

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4390-00E-0070-1
Lot Number7
SubdivisionParker Lake Estates Phase I (Cpk)
Land UseResidential
Legal DescriptionPARKER LAKE ESTATES PHASE I (CPK), BLK E, LOT 7
Census Tract031326
Assessed Land Value$299,000
Assessed Improvement Value$609,632
Assessment Year2025

About this property

One Story Gem on Gorgeous 1.42 acre lot in prestigious Parker Lake Estates! This custom David Weekley home feeds to Allen ISD. Split floorplan with primary suite & office on one side with 3 additional bedrooms & study area on the other, separated by living, dining & kitchen areas. Lovingly maintained with lots of extras! The Heated Lagoon like pool & spa with outdoor cooking area, will be your escape on hot summer days & cool Fall evenings. Large laundry area has an additional storage room with tons of shelf space. The 4 car epoxy floor garage also contains a custom built in work area. If that isn't enough, there is an additional 12X30 Detached Garage which can be used for additional storage or Workshop, YOU decide! See for yourself why this might just be ~ THE ONE!

Investor Tools

Property Icon
$908,632
Estimated Property Value
$408,151Estimated Mortgage Balance
$500,481Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,520 /month
Positive
Cash Flow Estimate:
$1,840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,060/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,174
$908,632
2025
$299,000
$609,632
$908,632
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,174
$908,632

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$420,000
No
First
Oct 23, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,151
$500,481
55%
45%
$2,519/mo

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: Parker

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6002 Rathbone Dr | Property Details | No Agent List