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$411,000

NAL Estimated Property Value

6513 Mccormick Ranch Court, Plano, TX, 75023

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,877 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.82 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee 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, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APNR-0706-006-0040-1
Lot Number4
SubdivisionBiltmore Swim & Racquet Club Phase One (
Land UseResidential
Legal DescriptionBILTMORE SWIM & RACQUET CLUB PHASE ONE (CPL), BLK F, LOT 4
Census Tract031636
Assessed Land Value$90,000
Assessed Improvement Value$277,935
Assessment Year2025

About this property

Thank you for showing this property. Multiple offers have been received. The Seller is requesting highest and best offers due Wednesday October 13th by 5PM. Handsome living is accented w-gorgeous wooden wainscoting, custom built-ins, FP w-brick surround + a wall of windows that drenches this space in natural light. Charming Kitchen features SS appliances, electric cooktop, dual ovens plus plenty of cabinet and counter space. Private Master Suite with an en-suite bath offers a separate shower, garden tub plus his and her vanities. Three additional guest bedrooms are all generously sized. An expansive covered patio is perfect for family BBQ's and leads to a nicely sized yard! Two car garage! Move in ready!

Investor Tools

Property Icon
$411,000
Estimated Property Value
$216,148Estimated Mortgage Balance
$194,852Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,306
$367,935
2025
$90,000
$277,935
$367,935
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,306
$367,935

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$236,250
No
First
Nov 17, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,148
$194,852
47%
53%
$1,417/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,040/mo
$1,597/mo
+$1,443/mo
8.9%

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: Plano

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6513 Mccormick Ranch Court | Property Details | No Agent List