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$475,000

6701 Vero Dr, Plano, TX, 75023

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,153 Sq Ft
price_per_sqft$220.62 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee 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, Electric Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1606-017-0190-1
Lot Number19
SubdivisionHunters Ridge Phase Three (Cpl)
Land UseResidential
Legal DescriptionHUNTERS RIDGE PHASE THREE (CPL), BLK 17, LOT 19
Census Tract031633
Assessed Land Value$105,000
Assessed Improvement Value$378,833
Assessment Year2025

About this property

Set beneath mature shade trees on a beautiful corner lot, 6701 Vero Drive brings together timeless Plano charm, thoughtful updates, and a relaxed sense of home. This single-story residence welcomes you with a classic brick exterior, arched front window, and cheerful red front door, then opens into light-filled interiors with wood floors throughout and a warm, easy flow for everyday living. The spacious living and dining areas offer tall windows, soft natural light, a statement fireplace, and an open connection to the beautifully updated kitchen. Designed with a modern, polished feel, the kitchen features sleek white and dark cabinetry, stainless steel appliances, a stylish tile backsplash, generous counter space, and views toward the backyard and pool. The private primary suite offers a calm retreat with wood floors, a raised ceiling, and an updated bath with dual vessel sinks, designer lighting, a walk-in shower, and custom-style vanity detail. Additional remodeled bath and thoughtful updates throughout the home add comfort, style, and convenience. The fourth bedroom also makes a fantastic office space. Step outside to a private backyard designed for both quiet mornings and easy entertaining, with an 8-foot privacy fence, sparkling pool, patio space, and room to enjoy the outdoors. Located near area schools in an established Plano neighborhood, this inviting home offers polished updates, meaningful character, and a backyard setting that feels like your own private escape.

Investor Tools

$183,035Estimated Mortgage Balance
$300,798Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,903 /month
Positive
Cash Flow Estimate:
$968 /month

Interested in this property?

Suzanne Mitchell

Mitchell Home Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$728/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,322
$483,833
2025
$105,000
$378,833
$483,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,322
$483,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Mortgage Llp
Conventional
$233,600
No
First
Apr 6, 2016
May 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,035
$300,798
62%
38%
$1,401/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,040/mo
$1,401/mo
+$1,639/mo
7.5%

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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6701 Vero Dr | Property Details | No Agent List