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Owner Contacts

$502,000

NAL Estimated Property Value

1059 Maverick Dr, Allen, TX, 75013

Off Market

3 Beds

3 Bath

1,950 Sq Ft

Condos / Townhouses

$1.54 / sqft

Built in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2.5

AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard

Lot Size2,707 sqft

Building Information

Year Built2019

Stories2

Garage Spaces2

Land Information

APNR-11735-00B-0090-1

Lot Number9

SubdivisionMontgomery Ridge Phase Iii (Cal)

Land UseResidential

Legal DescriptionMONTGOMERY RIDGE PHASE III (CAL), BLK B, LOT 9

Census Tract031510

Assessed Land Value$130,000

Assessed Improvement Value$282,411

Assessment Year2025

About this property

AWESOME LIKE-NEW TOWNHOME WITH FENCED YARD! Nestled next to wooded hike & bike trails and close to WATTERS CREEK VILLAGE! Light & Bright, 3 BR, 2.5 BATH, 2-story open floor plan with 10-foot ceilings. Wood floors throughout downstairs. Neutral colors with white & grey tones. Kitchen has white quartz counters, pantry, frig, pendant lighting over bar, & grey shaker cabinets that go up to the ceiling! Mud room with mud bench storage unit. At the top of the stairs you will find a loft game room or study area. Double doors lead to luxurious primary suite with spa-like bathroom & huge walk-in shower. All bedrooms up with primary suite separate. Custom 6 inch baseboards, lots of storage with plenty of closets & huge wrap-around storage under stairs. Covered patio & fenced backyard with grassy area for pets or playing. Attached 2-car garage. Great location...walk to Watters Creek Village to enjoy outdoor concerts, community events, restaurants, Market Street grocery & tons of retail shopping!

Investor Tools

$502,000

Estimated Property Value

$0Estimated Mortgage Balance

$502,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,012 /month

Positive

Cash Flow Estimate:

$1,004 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$941/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,780

$412,411

2025

$130,000

$282,411

$412,411

Tax History

Year

Tax Paid

Assessed Value

2024

$8,780

$412,411

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$502,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,410/mo

N/A

+$2,410/mo

5.8%

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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