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$535,000

1014 Timbercreek Drive, Allen, TX, 75002

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,421 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.39 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,423 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1807-002-0080-1
Lot Number8
SubdivisionFountain Park Seventh Section (Cal)
Land UseResidential
Legal DescriptionFOUNTAIN PARK SEVENTH SECTION (CAL), BLK B, LOT 8
Census Tract031504
Assessed Land Value$120,000
Assessed Improvement Value$378,822
Assessment Year2025

About this property

Welcome to this beautiful and spacious north-facing home, ideally situated within walking distance of highly rated Reed Elementary School. Offering 4 bedrooms, 3 living areas, 2 office spaces, and a large open kitchen, this thoughtfully designed home provides plenty of room for everyday living, working from home, and entertaining. Paid off solar panels are a huge plus!! Upon entry, you are greeted by a generous living area with abundant natural light, an adjacent dining room, and an executive office. Hardwood floors flow throughout the first-floor living areas, creating a warm and inviting atmosphere. The beautifully appointed kitchen is designed for both everyday living and entertaining, featuring a gas cooktop with downdraft ventilation, center island, breakfast bar, abundant cabinetry, stainless-steel oven, and a breakfast area overlooking the shaded backyard. The kitchen opens seamlessly to an oversized family room with soaring vaulted ceilings and a gas fireplace with mantel. This spacious gathering area is perfect for entertaining family and friends. The oversized downstairs primary suite offers a private retreat with its own fireplace and sitting area. The luxurious primary bath features a separate tub and shower, dual vanities, and two large walk-in closets, providing exceptional comfort and storage.Upstairs, you'll find three additional bedrooms, a large secondary living area, and an enclosed, air-conditioned bonus room currently used as a private secondary office. With its flexible layout and generous living spaces, this home is perfectly suited for families seeking comfort, functionality, and room to grow. Updates over the last several months include new roof(March 2026), Foundation repair(June 2026), 20 windows replaced(June 2026), HVAC(July 2026) and 7 new ceiling fans. Solar Panels will be paid off at closing. Prime location, exceptional space, and a versatile floor plan make this home a must-see!

Investor Tools

$320,947Estimated Mortgage Balance
$191,053Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

Interested in this property?

Ron Leach

Acquisto Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,035
$498,822
2025
$120,000
$378,822
$498,822
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,035
$498,822

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$365,000
Yes
First
Jun 18, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,947
$191,053
37%
63%
$2,189/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,189/mo
+$1,161/mo
7.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Allen

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1014 Timbercreek Drive | Property Details | No Agent List