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$643,000

1023 Terra Vista Dr, Allen, TX, 75013

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,315 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$285.05 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Range, Microwave, Double Oven, Tankless Water Heater, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size6,534 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12003-00H-0130-1
Lot Number13
SubdivisionLegends At Twin Creeks Phase 2 (Cal)
Land UseResidential
Legal DescriptionLEGENDS AT TWIN CREEKS PHASE 2 (CAL), BLK H, LOT 13
Census Tract031417
Assessed Land Value$160,000
Assessed Improvement Value$457,966
Assessment Year2025

About this property

This beautifully designed Allure floorplan blends elegance and comfort with soaring 12-foot ceilings, abundant natural light, and a fresh, neutral palette. The open great room features a striking fireplace and sliding glass doors that lead to an extended patio and a private, resort-style backyard perfect for entertaining or quiet relaxation. The chef-inspired kitchen impresses with quartz counter tops, stainless-steel appliances, double ovens, a walk-in pantry, and a spacious island. The luxurious owner’s suite offers a vaulted ceiling, sitting area, and spa-style bath with an oversized walk-in shower. A convenient half bath and several deep storage closets, including three oversized hallway closets, add thoughtful functionality. The primary closet’s soaring ceiling accommodates a third hanging rod for extra storage. With its preferred location, bright open design, and meticulously landscaped backyard, this one-of-a-kind home offers the perfect blend of sophistication, style, and livability.

Investor Tools

Property Icon
$643,000
Estimated Property Value
$0Estimated Mortgage Balance
$643,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,959 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$823/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,660
$617,966
2025
$160,000
$457,966
$617,966
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,660
$617,966

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$640,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,410/mo
$950/mo
+$1,460/mo
4.5%

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.

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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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1023 Terra Vista Dr | Property Details | No Agent List