NoAgentList RatingHow are grades calculated?

1view

$575,000

1015 Timberline Ln, Allen, TX, 75002

Off Market

4 Beds

4 Bath

3,177 Sq Ft

Single Family Residence

$180.99 / sqft

Built in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCarpet, See Remarks, Tile, Other

Exterior

Private Pool

Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built1989

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR-1807-003-0230-1

Lot Number23

SubdivisionFountain Park Seventh Section (Cal)

Land UseResidential

Legal DescriptionFOUNTAIN PARK SEVENTH SECTION (CAL), BLK C, LOT 23

Census Tract031504

Assessed Land Value$120,000

Assessed Improvement Value$491,827

Assessment Year2025

About this property

***Please submit Highest & Best by Sunday at 6*** Beautiful extensively updated 4 bedroom 4 bath in sought after Allen ISD. Home boasts new wood tile flooring on the entire first floor and fresh designer paint throughout. Gorgeous eat in kitchen with gas cooktop, new custom hutch wine bar and dual sided fireplace that is shared with the large living room. Large master bedroom with updated ensuite on the first floor with one additional bedroom, currently used as an office, and attached bath down. Two bedrooms and gameroom with new carpet and two additional updated baths up. Amazing custom built patio cover with huge helicopter fan and two skylighs overlooks the fantastic ecoMatic salt water pool with updated pebble sheen plaster, coping, tile and new pool heater installed in 2022. Extended three car driveway and carport with new kodiak insulated two car garage door giving you five total covered parking spaces. HVAC and all duct work 2018, Roof 2019

Investor Tools

$611,827

Estimated Property Value

$460,500Estimated Mortgage Balance

$162,912Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,671 /month

Positive

Cash Flow Estimate:

$1,224 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,154/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,785

$611,827

2025

$120,000

$491,827

$611,827

Tax History

Year

Tax Paid

Assessed Value

2024

$10,785

$611,827

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

2004 0000305 Llc

Credit Line (Revolving) / Heloc

$460,500

First

Dec 24, 2024

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$448,915

$162,912

26%

73%

$2,761/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,350/mo

$2,761/mo

+$589/mo

6.6%

Learn About the Market: Opportunity in Texas

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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.

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