All Photos
General Description
minimizeWelcome to this stunning fully remodeled turnkey treasure on a spacious corner lot, updated in 2022. This home shines with recessed lighting, granite countertops, and a suite of new essentials: roof, windows, HVAC, concrete driveway & much more. Upgrades in 2023 include new electrical panel and added gutters. The chic kitchen boasts stainless steel appliances, a gold farmhouse sink, and matching hardware. Enjoy the warmth of an electric fireplace and versatility with two living spaces, ideal for a home office or bonus room. Spacious rooms with luxurious bathrooms. Step outside to the immense backyard, an oasis of privacy enclosed by a wooden fence. No HOA. For those with an entrepreneurial spirit, this gem operates as a successful Short-Term Rental (STR) and presents the opportunity for substantial income generation. Optionally, acquire it fully furnished for an additional cost to maintain a seamless STR operation. Don't let this chance slip by - your extraordinary life awaits!
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $195.92 | $301,321 | 13.68% | $301,321 | 36.49% |
| 2022 | $172.34 | $265,054 | 45.27% | $220,767 | 21.00% |
| 2020 | $118.63 | $182,452 | 0.22% | $182,452 | 0.22% |
| 2019 | $118.37 | $182,055 | 0.15% | $182,055 | 9.19% |
| 2018 | $118.20 | $181,791 | 5.77% | $166,737 | 10.00% |
| 2017 | $111.75 | $171,873 | 14.47% | $151,579 | 10.00% |
| 2016 | $97.62 | $150,146 | 17.37% | $137,799 | 10.00% |
| 2015 | $83.18 | $127,927 | 12.33% | $125,272 | 10.00% |
| 2014 | $74.05 | $113,884 | 10.00% | $113,884 | 10.00% |
| 2013 | $67.32 | $103,531 | $103,531 |
2023 Collin County Appraisal District Tax Value
| Market Land Value: | $70,000 |
| Market Improvement Value: | $231,321 |
| Total Market Value: | $301,321 |
2023 Tax Rates
| PLANO CITY: | 0.4176 % |
| COLLIN COUNTY: | 0.1493 % |
| COLLIN CO COMMUNITY COLLEGE: | 0.0812 % |
| PLANO ISD: | 1.0779 % |
| Total Tax Rate: | 1.7260 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,509 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 433 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimizeFacts (Based on Active listings)
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Average |
Excellent | 
View Nearby Schools ↓
Property Map
minimize1625 Lorraine Dr Plano TX 75074 was recently sold. It is a 0.21 Acre(s) Lot, 1,538 SQFT, 3 Beds, 2 Full Bath(s) in Armstrong Park 2.
View all homes on Lorraine
Click to view phone
Email Broker
items