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$362,000

NAL Estimated Property Value

721 Arbor Downs Drive, Plano, TX, 75023

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,642 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.2 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Tile

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0585-007-0010-1
Lot Number1
SubdivisionWestgate Addition No 1 (Cpl)
Land UseResidential
Legal DescriptionWESTGATE ADDITION NO 1 (CPL), BLK 7, LOT 1
Census Tract031611
Assessed Land Value$94,500
Assessed Improvement Value$262,236
Assessment Year2025

About this property

Super cute home in a fantastic location. On a corner lot adjacent to Park with an open area to celebrate birthdays, play sports, workout, practice extra curricular activities, have picnics, play with your dogs and so much more including hiking and biking trails. Kitchen has an enormous amount of storage with an eat-in breakfast nook. Formal dining area open to living room and easy access to kitchen. Living room features a large brick fireplace with a 10' mantle and hearth to warm your hearts during the holidays & keep warm in the winter. This home has a hidden safe room. Half the garage has been converted to 2 extra flex spaces; extra storage and a game room or hang out room. The back patio is covered by a pergola and the backyard is an awesome place to come home and relax. The property has beautiful mature trees that provides great shade. This neighborhood is close to shopping and restaurants with a walk score of 52, so convenient yet so peaceful. Come love your neighborhood!

Investor Tools

Property Icon
$362,000
Estimated Property Value
$246,031Estimated Mortgage Balance
$115,969Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,658
$356,736
2025
$94,500
$262,236
$356,736
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,658
$356,736

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$264,500
No
First
Aug 31, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,031
$115,969
32%
68%
$1,586/mo

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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721 Arbor Downs Drive | Property Details | No Agent List