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$939,000

NAL Estimated Property Value

1038 Bandelier Dr, Allen, TX, 75013

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,780 Sq Ft
price_per_sqft$204.92 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APNR-8714-00G-0130-1
Lot Number13
SubdivisionWaterford Parks Phase 3 (Cal)
Land UseResidential
Legal DescriptionWATERFORD PARKS PHASE 3 (CAL), BLK G, LOT 13; * AMENDED * AMENDED
Census Tract031417
Assessed Land Value$220,000
Assessed Improvement Value$694,625
Assessment Year2025

About this property

Drees Custom Home with all the amenities! Hand scraped hardwood floors with a grand foyer greet you as you enter this gorgeous 4 bedroom, 4 bath home. The formal living & dining room connect to the gourmet kitchen for hosting dinner parties or just having dinner with the family. The kitchen features granite countertops with custom backsplash, SS appliances including a double oven, a microwave, gas stove and a large island overlooking the main living room. The living room has built-in cabinets, a wall mounted TV & a wall of windows with a breathtaking view of the Pergola, spa, & pool that has 3 tranquil waterfalls. The primary bedroom is oversized and has two sets of doors to the open patio for enjoying morning coffee or afternoon sun. The primary bathroom has separate vanities, a separate tub and shower as well as a huge walk-in closet. The office, a full bathroom and the laundry room complete the downstairs. A large game room with wet bar & media room are located upstairs for entertaining the family or guests. 3 bedrooms, a full bathroom as well as a Jack and Jill bathroom are also located upstairs. The large backyard Oasis is secured by an electronic gate & features astroturfing by the pool area with natural grass on the opposite side of the driveway. A three car garage gives plenty of room for parking and great storage space. Solar screens installed for energy efficiency. Roof replaced, new gutters, stained fence, new AC units & painted exterior in 2023. Installed new double ovens and heater for the spa in 2023. Dishwasher replaced 2024. New carpet and interior paint 2024. AstroTurf installed in the backyard 2024. The community pool and walking trails are located just a block away for your convenience. Come see this rare Gem of a home today!

Investor Tools

Property Icon
$939,000
Estimated Property Value
$782,188Estimated Mortgage Balance
$158,000Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,877 /month
Positive
Cash Flow Estimate:
$1,959 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,218/month
$770/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,922
$914,625
2025
$220,000
$694,625
$914,625
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,922
$914,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$795,000
No
First
May 12, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$782,188
$156,812
16%
83%
$4,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$5,537/mo
$-2,397/mo
4.0%

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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