$420,000
3301 Phaeton Ct, Plano, TX, 75023
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Disposal
Exterior
Exterior FeaturesFire Pit
Lot Size9,979 sqft
Building Information
Year Built1983
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-0026-002-0310-1
Lot Number31
SubdivisionCarriage Hill Phase I (Cpl)
Land UseResidential
Legal DescriptionCARRIAGE HILL PHASE I (CPL), BLK B, LOT 31
Census Tract031682
Assessed Land Value$165,000
Assessed Improvement Value$329,886
Assessment Year2026
About this property
Run your comps then give us a call. Home selling as is. Beautiful home in a perfect neighborhood. Needs plumbing work. All offers considered.
Investor Tools
$189,356Estimated Mortgage Balance
$345,644Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$969/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,953
$494,886
2026
$165,000
$329,886
$494,886
No
Tax History
Year
Tax Paid
Assessed Value
2025
$8,953
$494,886
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Stand Alone First / Home Equity First Lien
$230,000
No
First
Feb 27, 2018
Mar 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,356
$345,644
64%
35%
$1,379/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,040/mo
$1,379/mo
+$1,661/mo
6.8%
