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$402,000

1031 Lucy Ln, Allen, TX, 75013

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,939 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$169.68 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2008
Stories2
Garage Spaces1

Land Information

APNR-9201-00B-0120-1
Lot Number12
SubdivisionVillas At Twin Creeks Phase Ii (Cal)
Land UseResidential
Legal DescriptionVILLAS AT TWIN CREEKS PHASE II (CAL), BLK B, LOT 12
Census Tract031507
Assessed Land Value$100,000
Assessed Improvement Value$280,260
Assessment Year2025

About this property

~What a sweet place!~ Beautifully kept & cared for Twin Creeks townhome in west Allen! Great layout w 3 Bedrooms, Dining, Loft & STUDY! Bright & Open w BIG Kitch Island w seating, granite tops, 42” cbnts, high-end silk-infused crpt, over-sized baseboards, iron spindles, updated SS appls (2021), newer HVAC (2017), epoxy garage floor, storm door & beautifully landscaped back yard that leads out to common Grnblt, which is perfect for play & pets! Awesome location within walking distance to Twin Creeks Village, shopping & miles of hike-n-bike trails! Located in master-planned Twin Creeks community w golf course, 2 community pools, amenity ctr, tennis courts, sand volleyball & more! Stop Looking & Start Packing! :-)

Investor Tools

Property Icon
$402,000
Estimated Property Value
$306,000Estimated Mortgage Balance
$123,095Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,412 /month
Positive
Cash Flow Estimate:
$804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
$167/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,895
$380,260
2025
$100,000
$280,260
$380,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,895
$380,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$306,000
No
First
Sep 14, 2021
Oct 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,905
$123,095
30%
69%
$1,835/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,410/mo
$2,002/mo
+$408/mo
7.2%

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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1031 Lucy Ln | Property Details | No Agent List