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$849,043

NAL Estimated Property Value

7120 Underwood Dr, Plano, TX, 75024

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,408 Sq Ft
price_per_sqft$234.74 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size6,325 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR310281
Lot Number1
SubdivisionKings Ridge Addn Ph Three
Land UseResidential
Legal DescriptionKINGS RIDGE ADDN PH THREE BLK G LOT 1
Census Tract021626
Assessed Land Value$152,031
Assessed Improvement Value$750,129
Assessment Year2025

About this property

Welcome to this stunning corner-lot residence in the highly sought-after Kings Ridge community. Offering 4 bedrooms, 4.5 baths, 2 spacious living areas, 2 dining areas, and a dedicated office, this home is designed for both comfort and functionality. Rich hardwood floors and custom cabinetry bring warmth and elegance throughout the interior. The open layout is perfect for entertaining, while the private office provides an ideal space for working from home. Located in the heart of West Plano, this home is just minutes from Legacy West, top-rated schools, dining, shopping, and major employers. With its timeless finishes and unbeatable location, this property is a rare find. With an executed contract by 10-15-25 and use the sellers preferred lender to receive up to 6K in closing costs or buy down your rate.

Investor Tools

Property Icon
$849,043
Estimated Property Value
$1,196,974Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,094 /month
Positive
Cash Flow Estimate:
$1,698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,099/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,946
$849,043
2025
$152,031
$750,129
$902,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,946
$849,043

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$603,750
No
First
Nov 3, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,196,974
N/A
0%
141%
$7,240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$8,240/mo
$-4,560/mo
5.2%

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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7120 Underwood Dr | Property Details | No Agent List