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$397,569

NAL Estimated Property Value

6740 Manitowoc Drive, Plano, TX, 75023

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,623 Sq Ft
price_per_sqft$184.23 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1954-00D-0270-1
Lot Number27
SubdivisionRussell Creek Phase Iii (Cpl)
Land UseResidential
Legal DescriptionRUSSELL CREEK PHASE III (CPL), BLK D, LOT 27
Census Tract031633
Assessed Land Value$104,500
Assessed Improvement Value$293,069
Assessment Year2025

About this property

Beautifully updated home available in an excellent location in Plano. This home has many updates including windows, flooring and both baths. Wood and tile flooring throughout(no carpet). The yard completely wraps around the property with three access points; living area, master bed and the breakfast area. The patio off the breakfast area has a nice pergola and makes a great place to enjoy your morning coffee. This will make a fine home for your first or your last home. Roof replaced July 2017.

Investor Tools

Property Icon
$397,569
Estimated Property Value
$199,755Estimated Mortgage Balance
$197,814Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,385 /month
Positive
Cash Flow Estimate:
$795 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,566
$397,569
2025
$104,500
$293,069
$397,569
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,566
$397,569

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$220,000
No
First
Jul 28, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,755
$197,814
49%
50%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,330/mo
$1,645/mo
+$685/mo
7.0%

Learn About the Market: Opportunity in Texas

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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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6740 Manitowoc Drive | Property Details | No Agent List