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Owner Contacts

$427,000

1028 Switchgrass Ln, Allen, TX, 75013

Off Market

3 Beds

3 Bath

1,673 Sq Ft

Condos / Townhouses

$291.09 / sqft

Built in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2.5

AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Clay, See Remarks

Exterior

Exterior FeaturesAwning(s)

Lot Size2,252 sqft

Building Information

Year Built2019

Stories2

Garage Spaces2

Land Information

APNR-11592-00A-0390-1

Lot Number39

SubdivisionVillage At Twin Creeks Phase Four (Cal)

Land UseResidential

Legal DescriptionVILLAGE AT TWIN CREEKS PHASE FOUR (CAL), BLK A, LOT 39

Census Tract031507

Assessed Land Value$106,875

Assessed Improvement Value$307,574

Assessment Year2025

About this property

PRICE ADJ! Immaculate 3 Bedroom, 2.5 Bath CB JENI Townhome built 2020! LOCK & LEAVE Convenience with ALL exterior care covered by the HOA including Lawncare Front AND BACK, YES! There is PERSONAL GREENSPACE! 2 car garage with Large Guest Parking area just steps away. Great for commuters with easy access to 121 & 75. Close to Shopping & restaurants - LOCATION, LOCATION, LOCATION! Open layout with Dream Kitchen 42 in cabinets, Quartz Countertops, SS Appliance, Gas Range, LARGE ISLAND, and BEAUTIFUL CEMENT TILE BACKSPLASH!! Wood-Look Ceramic Tile throughout the 1st floor with the exception of that Beautiful Cement Tile carried into the Powder Bath, a nice surprise for your guests! All Bedrooms up for privacy & Owners Suite with Ensuite & Huge Walk-In Closet separated from Secondary Bedrooms with a nice size Loft for Flex-Space! Upgraded Patio for Grilling on the Barby. Wonderful Community with all you could want! Move-In Ready! Appliances stay with good offer & all Furniture Negotiable!

Investor Tools

$427,000

Estimated Property Value

$352,000Estimated Mortgage Balance

$80,672Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,922 /month

Positive

Cash Flow Estimate:

$974 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$824/month

$255/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,754

$414,449

2025

$106,875

$307,574

$414,449

Tax History

Year

Tax Paid

Assessed Value

2024

$7,754

$414,449

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Portfolio Mortgage Corp

Conventional

$352,000

First

Jun 2, 2025

Jul 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$346,328

$80,672

18%

81%

$2,111/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,410/mo

$2,366/mo

+$44/mo

6.8%

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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