Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$594,855

NAL Estimated Property Value

6841 Colonnade Dr, Plano, TX, 75024

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,427 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.88 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-2651-00E-0170-1
Lot Number17
SubdivisionWellington At Preston Meadows Phase Iv (
Land UseResidential
Legal DescriptionWELLINGTON AT PRESTON MEADOWS PHASE IV (CPL), BLK E, LOT 17
Census Tract031674
Assessed Land Value$145,000
Assessed Improvement Value$449,855
Assessment Year2025

About this property

***PRICED TO SELL!!*** Welcome to this beautifully updated single story home, located on a tree-lined street in Wellington at Preston Meadows. Gorgeous hardwood floors carry you inside with a wonderful flex room situated off the foyer. This space could be used as a home-office, formal dining room or even play room. Make your way into the open-concept living space with seamless sight-lines from the kitchen, breakfast room and living area. Fall in love with the gourmet kitchen fully equipped with stainless steel appliances, JennAir gas cook-top, granite counter-tops, classic subway tile back-splash and spacious breakfast bar, providing additional seating. Gather with friends and family in the inviting living room highlighted by a cozy gas fireplace and wall of windows flooding the space with natural sunlight. The secluded primary bedroom is thoughtfully positioned in the back of the home and offers two walk-in closets, each with a custom closet system and a breathtaking ensuite bath with dual marble counter-top vanities, a free-standing soaking tub, and large walk-in shower with multiple showerheads and bench. Three additional bedrooms on the other side of the house perfect for kids, guests, or additional home office Lastly, enjoy relaxing outdoors in your charming backyard with a covered pergola. Additional features include a tankless water heater and HVAC devoted to Primary BR. This home is ideally located within walking distance to Top Rated Plano Elementary, Middle and High Schools, Carpenter Park Recreation Center, with many lighted soccer and baseball fields and the Plano Sports Authority Center. You're also minutes from 121, DNT, Shops of Legacy, Legacy West, and Stonebriar Centre known for great shopping and entertainment.

Investor Tools

Property Icon
$594,855
Estimated Property Value
$75,234Estimated Mortgage Balance
$519,621Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,569 /month
Positive
Cash Flow Estimate:
$1,190 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,989
$594,855
2025
$145,000
$449,855
$594,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,989
$594,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Conventional
$235,000
No
First
Dec 11, 2014
Jan 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,234
$519,621
87%
13%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$430/mo
+$3,250/mo
7.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

6841 Colonnade Dr | Property Details | No Agent List