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$5,500

7706 Element Ave, Plano, TX, 75024

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,647 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.08 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDryer, Refrigerator, Washer
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size1,626 sqft

Building Information

Year Built2020
Stories3
Garage Spaces2

Land Information

APNR-11170-00G-0030-1
Lot Number3
SubdivisionIcon At Legacy West Addition (Cpl)
Land UseResidential
Legal DescriptionICON AT LEGACY WEST ADDITION (CPL), BLK G, LOT 3
Census Tract031670
Assessed Land Value$360,000
Assessed Improvement Value$697,197
Assessment Year2025

About this property

FABULOUS 3 story luxury home in the BEST location in Plano. This home is upgraded with high end appointments * electric blinds * designer lighting * wood floors throughout. Open living spaces allow for abundant natural light. The kitchen is an entertainer's dream with stainless steel appliances including refrigerator. Two balconies, 2nd floor plumbed for gas grill and sitting area. The third floor covered balcony offers outdoor living spaces perfect for viewing Texas sunsets. The 3rd floor has a bonus room area, media room and full bath. Tons of storage and closets throughout. Refrigerator, washer and Dryer are included. Walkable location with access to premier dining and shopping.

Investor Tools

$0Estimated Mortgage Balance
$1,230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,380 /month
Positive
Cash Flow Estimate:
$2,460 /month

Interested in this property?

Janet Chermack

Weichert Realtors/Property Partners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,842/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,953
$1,057,197
2025
$360,000
$697,197
$1,057,197
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,953
$1,057,197

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,154,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
N/A
+$2,820/mo
2.8%

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.

Explore Texas Explore This Area
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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7706 Element Ave | Property Details | No Agent List