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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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7706 Element Ave , Plano, TX 75024
$1,279,000
Est. Payment: $7,079.54/mo
3 Bed
3.5 Bath
2647 Sqft
0.04 Acres
Status: active | Days on site: 3
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House Description

The residence has been continuously leased for more than $5,000 per month, and the current tenant is secured through October 2027 at $5,500 per month, offering dependable contractual income and attractive long-term investment potential.Rarely does a property combine this level of luxury, exceptional rooftop entertaining, a premier Legacy West location, lock-and-leave convenience, and proven rental performance.A high-quality investment asset, this exceptional property is a standout opportunity in one of West Plano’s most sought-after communities,Legacy West.Designed for both refined everyday living and effortless entertaining, the home delivers the space, flexibility, and lifestyle discerning buyers seek—along with an attractive income-producing opportunity for investors.The light-filled main living level features a dramatic open-concept design, a gourmet kitchen is beautifully appointed with abundant cabinetry.A private second-floor balcony extends the living experience outdoors. Additional bedrooms and flexible living spaces offer exceptional versatility for a private office, fitness studio, guest accommodations, or additional living needs.A dedicated media room creates an elevated cinematic experience, while the expansive rooftop retreat offers both covered and uncovered deck spaces.Beyond the impressive interiors, the property offers the ultimate lock-and-leave lifestyle in one of Plano’s most desirable destinations.Residents enjoy unparalleled proximity to premier shopping, fine dining, entertainment, major corporate headquarters, and leading employment centers.For investors, the property presents a compelling turnkey opportunity with an established rental history and immediate cash-flow potential. Offers dependable contractual income and attractive long-term investment potential.

Highlights

Listed by Janet Chermack , Weichert Realtors/Property Partners , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.04

HOA Fee

900 Semi-Annual

Year Built

2020

County

Collin

Neighborhood

Icon At Legacy West Add

School District

Plano ISD

Listing ID

21405695

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3.5
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Built-in Gas Range, Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Tankless Water Heater, Washer
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Built-in Features, Decorative Lighting, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)

Exterior Features

Lot:Zero Lot
Others:
  • ▪ Additional:Preowned
Parking Features:Alley Access,Garage
Principal Interest
$7,080
Taxes
$1,529
HOA
$900

Home Price

$1,279,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$255,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,079.54

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $7,079.54 $1,529.17 $900.00 $9,508.71
Yearly $84,954.54 $18,350.00 $10,800.00 $114,104.54
Total $2,548,636.09 $550,500.00 $324,000.00 $3,423,136.09

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Plano, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T02:07:09.167Z

© 2026 North Texas Real Estate Information Systems