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$382,927

NAL Estimated Property Value

6625 Phoenix Place, Plano, TX, 75023

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,487 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.43 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
FlooringConcrete, Simulated Wood

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APNR-1560-007-0210-1
Lot Number21
SubdivisionHeatherwood Addition Phase I (Cpl)
Land UseResidential
Legal DescriptionHEATHERWOOD ADDITION PHASE I (CPL), BLK G, LOT 21
Census Tract031636
Assessed Land Value$99,000
Assessed Improvement Value$283,927
Assessment Year2025

About this property

Very spacious 2 bedroom home with a front gate and a landscaped entry, spacious closets, a large patio area and a 2-car garage in the perfect central, West Plano Location. It is walking distance to the Carpenter Recreation Center and very close to the Chisolm trail, that connects and winds thru the area for biking and walking. The entry with the curved sidewalk to the back is beautifully landscaped and will re-bloom in the spring. Living room and dining room are spacious and the kitchen overlooking the back has an abundance of cabinet space and a nice pantry. The Heatherwood neighborhood is a quaint zero-lot line community, with an abundance of green space. This home has access to all four sides, surrounded by an HOA green space on the side and back.

Investor Tools

Property Icon
$382,927
Estimated Property Value
$351,441Estimated Mortgage Balance
$31,486Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,401
$382,927
2025
$99,000
$283,927
$382,927
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,401
$382,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Unknown
$341,696
No
First
May 14, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,441
$31,486
8%
92%
$2,111/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,330/mo
$2,511/mo
$-181/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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6625 Phoenix Place | Property Details | No Agent List