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$755,000

6716 Magnum Dr, Plano, TX, 75024

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths3,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.54 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan, Wine Cooler
FlooringCeramic Tile, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Rain Gutters, Lighting

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2651-00G-0160-1
Lot Number16
SubdivisionWellington At Preston Meadows Phase Iv (
Land UseResidential
Legal DescriptionWELLINGTON AT PRESTON MEADOWS PHASE IV (CPL), BLK G, LOT 16
Census Tract031674
Assessed Land Value$145,000
Assessed Improvement Value$576,000
Assessment Year2025

About this property

Executive living in the heart of West Plano! Move-in ready and beautifully updated, this exceptional home is located in Wellington at Preston Meadows, one of West Plano's most desirable neighborhoods, just minutes from the corporate campuses of AT&T, Toyota North America, JPMorgan Chase, Capital One, Intuit, Liberty Mutual, Ericsson, and NTT DATA. Enjoy convenient access to the Dallas North Tollway, SH 121, Central Expressway (US-75), and President George Bush Turnpike. Thoughtfully updated in 2021, this home features an open floor plan ideal for everyday living and entertaining. The remodeled kitchen offers custom cabinetry, an impressive 9.5 x 4.5 granite island, abundant prep space, and a built-in beverage refrigerator. The spacious primary suite includes a sitting area separated by a two-sided gas log fireplace. The remodeled 13 x 10 primary bath features custom cabinetry, quartz countertops, an upgraded walk-in shower, a jetted tub with handheld showerhead, and abundant counter space. Recent improvements include tile flooring throughout the main level, luxury vinyl plank flooring upstairs, PebbleTec pool finish and updated pool tile, professionally repainted exterior, new water heater, HVAC, and new pool timer and motor. Large windows provide abundant natural light throughout the home. Step outside to your beautifully landscaped backyard featuring a PebbleTec pool and spa, perfect for entertaining or relaxing year-round. Enjoy nearby Legacy West, The Shops at Legacy, Grandscape, The Star, Arbor Hills Nature Preserve, parks, walking and biking trails, playgrounds, and Plano Sports Authority (PSA). Located within walking distance of highly rated West Plano schools, with DFW Airport approximately 30 minutes away.

Investor Tools

$117,475Estimated Mortgage Balance
$603,525Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,530 /month
Positive
Cash Flow Estimate:
$1,510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,008/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,492
$721,000
2025
$145,000
$576,000
$721,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,492
$721,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ctx Mortgage Company Llc
Credit Line (Revolving) / Heloc
$235,000
No
First
May 1, 2007
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,475
$603,525
83%
16%
$1,409/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.

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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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6716 Magnum Dr | Property Details | No Agent List