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$608,000

NAL Estimated Property Value

705 Wolcott Ln, Plano, TX, 75074

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,607 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.42 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size3,224 sqft

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-10946-006-0200-1
Lot Number20
SubdivisionRice Field Addition (Cpl)
Land UseResidential
Legal DescriptionRICE FIELD ADDITION (CPL), BLK 6, LOT 20
Census Tract031902
Assessed Land Value$159,500
Assessed Improvement Value$448,500
Assessment Year2025

About this property

**MAJOR Price Improvement! MOTIVATED sellers! WOW! Welcome to the Heart of Plano! Discover this beautiful 3-bedroom, 3-bath residence nestled in the heart of Plano's desirable Rice Field neighborhood. With a prime location near Highway 75, this home offers swift access to a myriad of shops, restaurants, and entertainment venues, ensuring convenience is at your doorstep. Step inside to an enchanting interior featuring soaring high ceilings, plantation shutters, and abundance of natural lighting which exudes elegance and warmth throughout the living spaces. The kitchen is truly a chef's dream, boasting a large island, custom cabinets with a stunning glass-front display and Bosch appliances. Perfect for culinary enthusiasts and entertaining, the kitchen seamlessly connects with dining and living areas. The flexible dining room would make a perfect study as well. The primary bedroom suite is a sanctuary of luxury, complete with his and her closets, a soaking tub, and a separate shower, providing a tranquil escape. An additional bedroom and adjacent bath on the lower level add versatility to the home. Upstairs you will find another bedroom, full bathroom and a spacious game room or flex space. The exterior charms with its craftsman-style architecture, highlighted by a quaint front porch that invites leisurely afternoons. The HOA conveniently maintains the front landscaping, ensuring the property boasts impeccable curb appeal year-round. Finally, a 2-car garage offers ample space for vehicles and storage needs. This property perfectly balances comfort, style, and functionality, creating a home that's ready to be cherished. Don’t miss out on this incredible opportunity!

Investor Tools

Property Icon
$608,000
Estimated Property Value
$328,504Estimated Mortgage Balance
$279,496Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,648 /month
Positive
Cash Flow Estimate:
$1,216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$922/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,019
$608,000
2025
$159,500
$448,500
$608,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,019
$608,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
State Farm Bank Fsb
Conventional
$391,410
No
First
Jun 14, 2018
Jul 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,504
$279,496
45%
54%
$2,347/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$2,422/mo
$-162/mo
4.5%

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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705 Wolcott Ln | Property Details | No Agent List