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$755,000

NAL Estimated Property Value

7008 Redstone Ln, Plano, TX, 75024

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,106 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.08 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Microwave
FlooringHardwood, Stone, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard
Lot Size4,914 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR261588
Lot Number18
SubdivisionKings Ridge Addn Ph Ii
Land UseResidential
Legal DescriptionKINGS RIDGE ADDN PH II BLK E LOT 18
Census Tract021626
Assessed Land Value$122,825
Assessed Improvement Value$621,091
Assessment Year2025

About this property

Welcome to this beautifully updated Sotherby-built home located in the prestigious Kings Ridge community! With 3 bedrooms, 2.5 baths, and a versatile layout, this home blends timeless elegance with modern upgrades—all meticulously maintained and move-in ready. Step inside to a grand foyer featuring a sweeping spiral staircase and custom ironwork, setting the tone for the craftsmanship throughout. Rich hand-scraped hardwood floors, soaring ceilings, and an abundance of natural light create an inviting atmosphere from the moment you enter. The open-concept kitchen is a showstopper, boasting a large stone island, premium appliances, and a spacious dining area that flows seamlessly into the cozy living room with a dramatic floor-to-ceiling stone fireplace—perfect for entertaining or relaxing at home. The first-floor primary suite offers a tranquil retreat with views of the private courtyard patio and a spa-inspired en suite bath, featuring a massive walk-in shower, dual vanities, a heat-emitting fireplace, and a generous walk-in closet. Upstairs, you’ll find two secondary bedrooms connected by a Jack-and-Jill bath, along with a spacious media room ideal for movie nights or game-day fun. A dedicated office on the main level adds function and flexibility to the floor plan. Step outside to your private low maintenance backyard oasis, complete with a sparkling pool and shaded patio—perfect for quiet evenings or weekend entertaining. Situated on a cul-de-sac street with community access to scenic trails and ponds, this location offers peace and beauty, while still being just minutes from Legacy West, Grandscape, The Star, and top-tier dining and shopping. This home is the perfect balance of luxury and lifestyle—schedule your private showing today! (Property update list is under TD or reach out to the listing agent)

Investor Tools

Property Icon
$755,000
Estimated Property Value
$686,386Estimated Mortgage Balance
$68,614Estimated Equity
9% 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
$967/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,824
$743,916
2025
$122,825
$621,091
$743,916
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,824
$743,916

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$691,400
No
First
Dec 10, 2025
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$686,386
$68,614
9%
91%
$4,146/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$5,146/mo
$-2,326/mo
4.5%

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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7008 Redstone Ln | Property Details | No Agent List