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$485,000

4525 New Orleans Dr, Plano, TX, 75093

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,643 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$295.19 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringLuxury Vinyl Plank, Tile

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters, Sport Court
Lot Size8,840 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0188-019-0140-1
Lot Number14
Subdivision544 Place Section Two (Cpl)
Land UseResidential
Legal Description544 PLACE SECTION TWO (CPL), BLK 19, LOT 14
Census Tract031621
Assessed Land Value$135,000
Assessed Improvement Value$250,077
Assessment Year2026

About this property

Beautifully updated 3 bedroom, 2 bath home in desirable West Plano renovated in 2023. Upon entering warm durable, wood-look LVP floors flow throughout all the living spaces & bedrooms. A large living room opens to the eat-in kitchen with dining area remodeled to include all cabinetry, quartz countertops, and appliances with gas range. Off the entry way is a perfect flex space to suit your needs. Currently used as a playroom, with glass french doors this space makes a great office, bonus space, or formal dining. The spacious primary bedroom features a remodeled en-suite with dual sinks & walk-in shower. The walk-in closet has been fitted with a custom closet system. Down the hall you will find 2 additional bedrooms & remodeled 2nd bath with updated vanity, tile, & tub-shower combo. Don't forget to checkout the large backyard with plenty of grass space, patio, & a large sport-court. Conveniently located under 5 minutes to both George Bush & Dallas North Tollway for easy commuting. Just seconds from an abundance of shopping, dining, and everyday conveniences including Whole Foods, Trader Joe’s, & H-E-B. Located within desirable Plano ISD, with the added flexibility of the district’s intra-district transfer program which allows families to request placement at their preferred Plano ISD campus, subject to district approval. See documents for full list of updates. Seller plans to replace all cast iron sewer lines with PVC prior to closing.

Investor Tools

$231,453Estimated Mortgage Balance
$166,547Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

Interested in this property?

Emily Johnson

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$721/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,664
$385,077
2026
$135,000
$250,077
$385,077
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,664
$385,077

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Originpoint Llc
Conventional
$247,500
No
First
Apr 20, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,453
$166,547
41%
58%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
$1,484/mo
+$1,376/mo
8.6%

City: Plano

4525 New Orleans Dr | Property Details | No Agent List