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$543,000

NAL Estimated Property Value

8240 Fountain Ridge Dr, Plano, TX, 75025

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,631 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.8 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Convection Oven
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR-3652-00C-0320-1
Lot Number32
SubdivisionSpring Ridge Phase Iii (Cpl)
Land UseResidential
Legal DescriptionSPRING RIDGE PHASE III (CPL), BLK C, LOT 32
Census Tract031679
Assessed Land Value$130,000
Assessed Improvement Value$396,033
Assessment Year2025

About this property

Beautiful 4 bedrooms, 3 bathrooms 2 stories house is located in a very quiet and nice community. House is near highly rated PISD schools and walking distance to Elementary school and middle school. Fantastic neighborhood offers two swimming pools, walking trails and Russel Creek park. Master bedroom is on second floor with two extra bedrooms. It is great for parents taking care of their little one. And spacious kitchen area is well connected with family room. Another extra bedroom is on first floor with a full bath. Great for guest room or study. Must See!

Investor Tools

Property Icon
$543,000
Estimated Property Value
$104,456Estimated Mortgage Balance
$438,544Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,258 /month
Positive
Cash Flow Estimate:
$1,086 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$924/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,377
$526,033
2025
$130,000
$396,033
$526,033
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,377
$526,033

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stearns Lending Inc
Conventional
$148,500
No
First
Apr 16, 2013
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,456
$438,544
80%
19%
$891/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,240/mo
$891/mo
+$2,349/mo
7.2%

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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8240 Fountain Ridge Dr | Property Details | No Agent List