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$929,000

NAL Estimated Property Value

7108 UNDERWOOD Drive, Plano, TX, 75024

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,536 Sq Ft
price_per_sqft$190.89 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size5,502 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR310284
Lot Number4
SubdivisionKings Ridge Addn Ph Three
Land UseResidential
Legal DescriptionKINGS RIDGE ADDN PH THREE BLK G LOT 4
Census Tract021626
Assessed Land Value$137,500
Assessed Improvement Value$847,024
Assessment Year2025

About this property

***$25,000.00 price reduction!*** Impressive showcase home in Kings Ridge! Spectacular outdoor living center with built-in grill and bar, covered living area with speakers, pool with spa and water fountains surrounded by lush landscaping! Warm hardwood floors and Plantation shutters. Gourmet kitchen features professional 6 burner Kitchen Aid range, double ovens, butler's pantry with built-in wine cooler. 20' vaulted ceiling enhances the family room with gas log fireplace. Master suite features custom barn doors providing private access to pool and patio plus bath with huge shower, garden tub and 2 walk-in closets. Upstairs is cozy media room plus a huge game room with a wet bar with fridge.

Investor Tools

Property Icon
$929,000
Estimated Property Value
$518,740Estimated Mortgage Balance
$410,260Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,574 /month
Positive
Cash Flow Estimate:
$1,858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,193/month
$795/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,666
$909,811
2025
$137,500
$847,024
$984,524
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,666
$909,811

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$510,000
No
First
Sep 18, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$518,740
$410,260
44%
56%
$3,448/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$4,243/mo
$-1,423/mo
3.6%

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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7108 UNDERWOOD Drive | Property Details | No Agent List