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$648,000

NAL Estimated Property Value

6724 Magnum Dr, Plano, TX, 75024

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,069 Sq Ft
price_per_sqft$232.97 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Garden

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2705-00D-0020-1
Lot Number2
SubdivisionWellington At Preston Meadows Phase V (C
Land UseResidential
Legal DescriptionWELLINGTON AT PRESTON MEADOWS PHASE V (CPL), BLK D, LOT 2
Census Tract031674
Assessed Land Value$145,000
Assessed Improvement Value$492,359
Assessment Year2025

About this property

UPDATES GALORE 2026! This meticulously maintained, original-owner home sits on a premier corner lot shaded by mature trees, offering timeless brick curb appeal and an incredible lifestyle right in your own backyard. Tucked behind an automatic driveway gate and an eight-foot privacy fence is a private backyard retreat featuring a dedicated sport court setup for basketball or pickleball, alongside a flagstone patio perfect for weekend gatherings. Inside, the home offers a seamless blend of comfort and style with extensive recent updates completed in 2026. The kitchen serves as a central hub, refreshed with sleek quartz countertops, updated flooring, and contemporary light fixtures. Steps away, the bright family room features a fresh coat of paint, an updated ceiling fan, and matching floors that elevate the everyday living space. The private primary suite functions as a peaceful getaway, showcasing updated plumbing fixtures, quartz counters, fresh paint, and updated flooring. Perfectly positioned for active families, the property is within easy walking distance of the local elementary, middle, and high schools plus Archgate Park and Carpenter Rec Center. Commuting and entertainment are effortless with quick access to Preston Road, the Dallas North Tollway, and Highway 121, placing the shops at Legacy West, Stonebriar Centre, and the Star Center close by. This property beautifully combines neighborhood convenience with an active, fun-loving backyard design.

Investor Tools

Property Icon
$648,000
Estimated Property Value
$0Estimated Mortgage Balance
$648,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,290 /month
Positive
Cash Flow Estimate:
$1,430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$887/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,407
$637,359
2025
$145,000
$492,359
$637,359
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,407
$637,359

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$648,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$430/mo
+$2,390/mo
5.2%

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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