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$2,564,000

NAL Estimated Property Value

6524 Old Gate Road, Plano, TX, 75024

Off MarketInfo
Beds5 Beds
Baths8 Bath
Baths7,796 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.54 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6.5Bathrooms Full 6.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Gas Oven, Gas Range, Ice Maker, Microwave, Plumbed For Ice Maker, Warming Drawer
FlooringMarble, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Other
Lot Size35,149 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces5

Land Information

APNR190221
Lot Number14
SubdivisionKings Gate
Land UseResidential
Legal DescriptionKINGS GATE BLK C LOT 14
Census Tract021626
Assessed Land Value$631,163
Assessed Improvement Value$1,932,837
Assessment Year2025

About this property

FORECLOSURE! Gorgeous estate on an over-sized lot in gated, guarded Kings Gate! High quality construction with impressive architecture with arched walkways. This open floor plan has wood beamed ceilings and walls of windows showcasing the breathtaking views. Huge kitchen with incredible storage and commercial appliances. Great master with custom closets, stunning bath, and exercise room. Wine grotto. Game room up with kitchenette and balcony overlooking the pool. Very private media room! Outdoor entertaining at its finest. Covered patio with an abundance of entertaining space. Infinity pool and spa, gazebo, and ULTIMATE privacy! Needing a bit of TLC... but a fabulous home!!!

Investor Tools

Property Icon
$2,564,000
Estimated Property Value
$1,012,594Estimated Mortgage Balance
$1,551,406Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,384 /month
Positive
Cash Flow Estimate:
$5,128 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,630/month
$1,638/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,735
$2,564,000
2025
$631,163
$1,932,837
$2,564,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30,735
$2,564,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Conventional
$1,160,000
No
First
Feb 18, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,012,594
$1,551,406
60%
39%
$5,373/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.

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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6524 Old Gate Road | Property Details | No Agent List