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$400,000

3428 Omar Ln, Plano, TX, 75023

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,557 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.43 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Linoleum

Exterior

Lot Size8,169 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-0446-023-0200-1
Lot Number20
SubdivisionSpring Creek Parkway Estates West No 5 (
Land UseResidential
Legal DescriptionSPRING CREEK PARKWAY ESTATES WEST NO 5 (CPL), BLK 23, LOT 20
Census Tract031636
Assessed Land Value$125,000
Assessed Improvement Value$292,056
Assessment Year2026

About this property

Welcome to Omar Lane, with mature trees nestled in the well-established and beloved community of Spring Creek Parkway Estates in Plano. With its generous layout and distinctive character, this property offers a wonderful opportunity for someone ready to make it their own. Step inside to find rich wood paneling that adds warmth and personality in a spacious living room offering plenty of room to gather, relax, and entertain. A charming flex space provides even more possibilities and could easily serve as a library, game room, home office, or cozy retreat. The home features four bedrooms, each with generous walk-in closets, along with two and a half bath, providing plenty of space and functionality for family living or future possibilities. Outside, the gorgeous privacy-fenced backyard provides a great setting for family gatherings, outdoor entertaining, gardening, or simply enjoying some quiet time. And with NO HOA, you'll have the freedom to enjoy your property without the restrictions of a homeowners association. Location adds to the appeal, with access to Plano ISD schools, and the surrounding network of parks and trails offers opportunities to enjoy the outdoors, while nearby shopping centers and Downtown Plano provide a variety of restaurants, shops, coffee spots, and entertainment. Whether you're an investor looking for your next project or a buyer ready to put your personal touch on a property in an established Plano neighborhood, this home is ready for a fresh vision and a new chapter.

Investor Tools

$0Estimated Mortgage Balance
$498,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

Interested in this property?

Tracy Golladay

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,045
$417,056
2026
$125,000
$292,056
$417,056
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,045
$417,056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$498,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,040/mo
N/A
+$3,040/mo
7.3%

City: Plano