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$500,000

NAL Estimated Property Value

6508 Horizon Pl, Plano, TX, 75023

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,172 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.79 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1562-054-0030-1
Lot Number3
SubdivisionSpring Creek Parkway Est West 10 (Cpl)
Land UseResidential
Legal DescriptionSPRING CREEK PARKWAY EST WEST 10 (CPL), BLK 54, LOT 3
Census Tract031636
Assessed Land Value$135,000
Assessed Improvement Value$342,065
Assessment Year2025

About this property

Welcome home to this beautifully updated 4-bedroom, 2-bath residence nestled in Plano's sought-after Spring Creek Parkway Estates neighborhood. Showcasing a timeless mid-century modern vibe, this one-story home blends character with today's style through extensive updates, a neutral color palette, and abundant natural light that fills every space. The thoughtfully designed floor plan offers comfortable everyday living and effortless entertaining, while large windows create a bright, inviting atmosphere throughout. Outside, mature trees, attractive landscaping, and exceptional curb appeal welcome you home, with a spacious 2-car garage providing added convenience. Situated in an established neighborhood known for its charm and tree-lined streets, residents enjoy access to community amenities including a playground and tennis courts. Just minutes from Plano's Carpenter Park Recreation Center, shopping, dining, and major commuting routes, this move-in-ready home offers the perfect combination of style, comfort, and location.

Investor Tools

Property Icon
$500,000
Estimated Property Value
$231,162Estimated Mortgage Balance
$269,328Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,781
$477,065
2025
$135,000
$342,065
$477,065
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,781
$477,065

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cf Bank
Conventional
$264,000
No
First
Apr 28, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,162
$297,838
56%
46%
$1,583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,040/mo
$1,583/mo
+$1,457/mo
7.3%

City: Plano

6508 Horizon Pl | Property Details | No Agent List