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$672,792

NAL Estimated Property Value

6805 Patrick Lane, Plano, TX, 75024

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,969 Sq Ft
price_per_sqft$144.49 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2774-00A-0060-1
Lot Number6
SubdivisionWellington At Preston Meadows Phase Vi (
Land UseResidential
Legal DescriptionWELLINGTON AT PRESTON MEADOWS PHASE VI (CPL), BLK A, LOT 6
Census Tract031674
Assessed Land Value$145,000
Assessed Improvement Value$527,792
Assessment Year2025

About this property

Beautiful open concept David Weekly home with a stunning 2 story entry! Walking distance to highly rated elementary, middle and high school! This 4 bedroom, 3.5 bathroom home has 2 dining areas, 2 living areas along with a great loft area upstairs. Dual staircases, plantation shutters throughout and upgraded laminate wood flooring downstairs are just a few of the upgrades. The oversized master bedroom has a sitting area and his & hers walk in closets.The kitchen is open to one of the living rooms with an updated dry stacked stone gas fireplace. Enjoy a private backyard with oasis pool, attached spa and stamped concrete patio. Don't miss your chance to be in this highly sought after neighborhood!!

Investor Tools

Property Icon
$672,792
Estimated Property Value
$233,787Estimated Mortgage Balance
$439,005Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,037 /month
Positive
Cash Flow Estimate:
$1,346 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$957/month
$305/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,116
$672,792
2025
$145,000
$527,792
$672,792
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,116
$672,792

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$260,000
No
First
Feb 8, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,787
$439,005
65%
35%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$1,864/mo
+$1,816/mo
6.6%

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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6805 Patrick Lane | Property Details | No Agent List