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$397,500

7420 Bishop Road, Plano, TX, 75024

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,813 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$219.25 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-9097-00A-0060-1
Lot Number6
SubdivisionTown Homes At Legacy Town Center Phase T
Land UseResidential
Legal DescriptionTOWN HOMES AT LEGACY TOWN CENTER PHASE TWO (CPL), BLK A, LOT 6
Census Tract031657
Assessed Land Value$165,000
Assessed Improvement Value$342,457
Assessment Year2025

About this property

SINGLE OWNER, former K Hovnanian model w-UPGRADES GALORE in the highly desirable Shops of Legacy walking distance to Legacy West's incredible dining~shopping~entertainment. Fabulous open floor plan. Amazing finish out w-gorgeous scraped hardwoods thruout the first & second floors, staircase & landing~crown molding~designer lighting fixtures~plantation shutters~HUGE storage area off of the two-car garage. Open gourmet kitchen w-extensive granite~massive island w-seating~42in cabinets~designer backsplash~expanded breakfast room. Second LA w-a stone FP open to the kitchen! Spacious master bdrm w-terrace. Great sized guest bedrooms. Faces a peaceful greenbelt! Enjoy this low maintenance care free living.

Investor Tools

Property Icon
$507,457
Estimated Property Value
$0Estimated Mortgage Balance
$229,141Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,045 /month
Positive
Cash Flow Estimate:
$1,015 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$952/month
$2,010/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,889
$507,457
2025
$165,000
$342,457
$507,457
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,889
$507,457

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sampson 852 Llc
Conventional
$312,000
No
First
Oct 19, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,316
$229,141
45%
55%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$3,881/mo
$-1,061/mo
6.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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7420 Bishop Road | Property Details | No Agent List