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$518,463

NAL Estimated Property Value

6220 Chase Oaks Boulevard 1D, Plano, TX, 75023

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,500 Sq Ft
OfficeOffice
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size9,378 sqft

Building Information

Year Built2003
Stories1

Land Information

APNR-5039-000-001D-1
Lot Number1D
SubdivisionSpring Creek Greens Condominium (Cpl)
Land UseCommercial
Legal DescriptionSPRING CREEK GREENS CONDOMINIUM (CPL), UNIT 1D, 4.1667 % CMN INT
Census Tract031635
Assessed Land Value$97,811
Assessed Improvement Value$420,652
Assessment Year2025

About this property

Own your business? Own your own real estate and take control of your expenses! Perfect office space for any business including all types of medical. The current configuration has six offices, a reception area with a waiting room, a bathroom, and a kitchen. There are two access points and one provides ADA access. The HVAC was replaced in 2019, instant hot water was added in 2019 and all windows have been replaced with energy-efficient windows in 2015. The current owner said the monthly utilities are very reasonable with gas running between $30-60 and electricity between $60-$150. The condo association fee of $4,500 per year covers city water and all exterior maintenance including the landscape, the roof, the foundation, and the parking lot. Great opportunity as a personal office or as an investment property.

Investor Tools

Property Icon
$518,463
Estimated Property Value
$385,555Estimated Mortgage Balance
$132,908Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$945/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,749
$518,463
2025
$97,811
$420,652
$518,463
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,749
$518,463

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Commercial
$408,000
No
First
May 15, 2023
Jun 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,555
$132,908
25%
74%
$2,447/mo

City: Plano

6220 Chase Oaks Boulevard 1D | Property Details | No Agent List