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$509,000

813 Heart Reef Rd, Plano, TX, 75075

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,903 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$267.47 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesSome Gas Appliances, Convection Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting, Rain Gutters
Lot Size2,264 sqft

Building Information

Year Built2024
Stories2
Garage Spaces2

Land Information

APNR-12622-00A-0170-1
Lot Number17
SubdivisionVillas Of Middleton
Land UseResidential
Legal DescriptionVILLAS OF MIDDLETON PHASE TWO (CPL), BLK A, LOT 17
Census Tract031807
Assessed Land Value$101,400
Assessed Improvement Value$268,234
Assessment Year2026

About this property

** 2.99% Rates (5.80% APR)* Plus, Receive $10,000 Toward Closing Costs & $700 Per Month For a Minimum of 2 Years After Closing When You Make Your Payments Through MegPrime Pay. Starting October 1st, Limited Time Only. Terms and Conditions Apply ** Brand New Construction! Discover Villas of Middleton, an upscale townhome community in the heart of Plano offering refined living with unmatched convenience. Ideally located near the University of Texas at Dallas, the DART station, and the premier shopping and dining of Legacy West, these thoughtfully designed homes feature private backyards perfect for outdoor entertaining. An amenity center and pool will further elevate the lifestyle, blending comfort and sophistication. Visit our model home and experience why coming home to a Megatel residence at Villas of Middleton is truly exceptional. Move-in ready and never occupied! Megatel Homes Baine Plan is a two-story, 1,903-square-foot home featuring 3 bedrooms, 2.5 bathrooms, a flex space, a covered patio, and a 2-car garage. Enjoy open living and dining spaces, a well-equipped kitchen with ample cabinetry, and a covered patio perfect for outdoor gatherings. Upstairs, two bedrooms include walk-in closets, and the primary suite offers added space and comfort. Elevation A is available, showcasing a distinct and stylish exterior.

Investor Tools

$94,174Estimated Mortgage Balance
$424,826Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
$443/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,046
$369,634
2026
$101,400
$268,234
$369,634
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,046
$369,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Anna Gonzalez
Stand Alone Second / Subordinate Position
$100,000
No
First
Jul 27, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,174
$424,826
81%
18%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
$1,043/mo
+$1,817/mo
6.6%

City: Plano

813 Heart Reef Rd | Property Details | No Agent List