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$556,248

NAL Estimated Property Value

1056 Margo Dr, Allen, TX, 75013

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,137 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-11010-00D-0210-1
Lot Number21
SubdivisionVillage At Twin Creeks Phase Two (Cal)
Land UseResidential
Legal DescriptionVILLAGE AT TWIN CREEKS PHASE TWO (CAL), BLK D, LOT 21
Census Tract031507
Assessed Land Value$160,000
Assessed Improvement Value$396,248
Assessment Year2025

About this property

April 1st 2023 available. The Cypress FP is 2,091 sqft with an amazing open floorplan that is perfect for entertaining. This home will feature wood floors throughout bottom floor an upgraded large granite kitchen island with lots of windows. All bedrooms are upstairs with a split FP with Master Suite occupying entire back half of the home with large walk in closet. ..

Investor Tools

Property Icon
$556,248
Estimated Property Value
$262,417Estimated Mortgage Balance
$293,831Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,337 /month
Positive
Cash Flow Estimate:
$1,112 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,048/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,794
$556,248
2025
$160,000
$396,248
$556,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,794
$556,248

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aaxy Llc
Conventional
$293,000
No
First
Dec 7, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,417
$293,831
52%
47%
$1,757/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,410/mo
$1,757/mo
+$653/mo
5.2%

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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1056 Margo Dr | Property Details | No Agent List