0out of 100
Below Average

7504 Grace Avenue, Plano, TX, USA

Score Breakdown
Value25/40
Cash Flow0/35
Location19/25
$
$650,000
%
$130,000 cash at risk up front
44
7504 Grace Avenue, Plano, TX, USA
4 bd5 ba

Below Average

44/100

This deal is below average. Watch that the price sits above market monthly cash flow is negative.

Highlights
  • Stable, average-risk fundamentals
Watch-outs
  • Priced 169% above market
  • $1,334/mo negative cash flow
  • Cap rate only 2.36%
  • No equity after repairs
  • Neighborhood scores 68/100

Price vs. Market

Needs Work
Your offer
$353/sqft
Area avg
$210/sqft
68% above market average
Your offer
$650,000
At market rate
$386,610

ARV Assessment

GoodLive · LLM + comps
ARV Low
$729k
Est. ARV
$850k
ARV High
$1.0M
Total Investment
$650k
Est. ARV
$850k
Rehab Cost
$3k
Potential Equity
$200k
Comparable Reasoning

After full renovation, the subject property could sell for between $729,000 and $1,000,000 based on comparable sales in the area.

2 more details
Condition Assessment

Property presents in moderate condition. Estimated rehab of $3k covers kitchen, baths, and systems.

Methodology

Sales-comparison approach using 6 live sold comps from Realtor.com (filtered from 10 candidates), evaluated by LLM for proximity, recency, and renovation quality.

High confidence6 live sold comps

Comparable Sales

6 comps
7917 E Aspermont Dr, Plano, TX
90% match
$899,000
$200/sqft
7917 E Aspermont Dr, Plano, TX
5 3.5 4,5060.35 misold Jun 2026
4620 Home Pl, Plano, TX
85% match
$659,900
$163/sqft
4620 Home Pl, Plano, TX
5 3.5 4,0570.39 misold May 2024
4636 Reunion Dr, Plano, TX
85% match
$599,999
$233/sqft
4636 Reunion Dr, Plano, TX
4 3 2,5790.42 misold Mar 2026
7901 Mulchin S Way, Plano, TX
75% match
$465,000
$269/sqft
7901 Mulchin S Way, Plano, TX
3 2 1,7290.36 misold Apr 2021
4101 Sun Meadows St, Plano, TX
75% match
$638,500
$200/sqft
4101 Sun Meadows St, Plano, TX
5 3 3,2000.53 misold May 2026
4605 Adrian Way, Plano, TX
80% match
$829,000
$220/sqft
4605 Adrian Way, Plano, TX
4 3.5 3,7710.53 mi
ARV & comps — see the full analysis on Offa

Rental Income

Needs WorkLive · 88 comps
25th pct
$2,650
Median /mo
$2,930
75th pct
$3,300
Monthly Rent
$2,930
Annual Rent
$35k
Rental Yield
5.4%
Cap Rate
3.0%
Market Assessment

Median area rent is $2,930/mo based on 88 comps. Standard deviation $468/mo indicates varied pricing in the area.

2 more details
Comparable Reasoning

Based on 88 comparable rentals within 9.0 miles of similar houses, monthly rents range from $2,650 (25th percentile) to $3,300 (75th percentile), with a median of $2,930.

Methodology

Median + 25th/75th percentile of comparable Realtor.com rentals within 9.0 miles. Standard deviation: $468.

Based on 88 rental comps within 9.0 mi · σ $468
Rental analysis — see the full analysis on Offa

Financing Calculator

Needs WorkLive rate · Freddie Mac
Using the current 6.52% 30-yr fixed national average (as of 2026-06-11). Adjust below to match your quote.
Price
$650,000
Loan
$520,000
$130,000
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$3,294/mo
Estimated Rent$2,930/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return-6.53%
Total Payment
$3,654/mo
Monthly Cash Flow
$-724/mo
Negative cash flow: $724/mo
Monthly expenses exceed rental income. Consider a lower offer, larger down payment, or higher rent.

Neighborhood Profile

GoodLive Data
ATier
Strong Neighborhood72/100
Composite socioeconomic score
Median Income
$117k
Median Home
$566k
Median Rent
$1,820/mo
Homeownership
38.14%
Vacancy
7.78%
Population
45,051
Score Breakdown
Income & Wealth
85
Housing Market
58
Education
94
Employment
82
Stability
41
Infrastructure
91
Neighborhood data — see the full analysis on Offa

City Population

GoodLive Data
Plano, TX
10-year population trend
+6% / decade
City Population
287,339
Density / sq mi
4,008
Area (sq mi)
72
Within 1 Mile
5,334
1-Mile Density
3,085
Trend Years
2014–2023

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