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$510,538

NAL Estimated Property Value

9124 Norman Dr, Plano, TX, 75025

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,067 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.26 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3377-00B-0030-1
Lot Number3
SubdivisionRidgeview Ranch Addition Phase I (Cpl)
Land UseResidential
Legal DescriptionRIDGEVIEW RANCH ADDITION PHASE I (CPL), BLK B, LOT 3
Census Tract031666
Assessed Land Value$115,000
Assessed Improvement Value$395,538
Assessment Year2025

About this property

3-bed 2-bath single story house located in Plano's highly desirable Ridgeview Ranch subdivision. Open floor plan. Large living area with gas fireplace and gas logs. Kitchen includes new dishwasher, microwave, gas stovetop, gas oven, disposal, breakfast bar, and lots of cabinet storage space. Hardwood designed flooring throughout the main areas. Tile in common wet areas. Master bedroom opens to an oversized Master bathroom with separate shower and tub, dual sinks, and large walk-in closet. Secondary bedrooms with walk-in closets. Utility includes full-size washer and dryer hookups. Private, fenced in backyard with covered patio makes it perfect for grilling and entertaining friends! Ridgeview Ranch provides an abundance of recreational opportunities for residents of any age including two pools and playgrounds, a tennis court, workout facility, picnic areas, and more! Conveniently located to major roadways for quick & easy commutes to many local restaurants, shopping & grocery stores.

Investor Tools

Property Icon
$510,538
Estimated Property Value
$218,554Estimated Mortgage Balance
$291,984Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,063 /month
Positive
Cash Flow Estimate:
$1,021 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$890/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,126
$510,538
2025
$115,000
$395,538
$510,538
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,126
$510,538

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Efinity Financial Inc
Conventional
$246,000
No
First
Aug 24, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,554
$291,984
57%
43%
$1,475/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,480/mo
$1,475/mo
+$1,005/mo
5.8%

City: Plano

9124 Norman Dr | Property Details | No Agent List