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$421,000

NAL Estimated Property Value

1105 Grimsworth Lane, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,753 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.61 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2883-00F-0150-1
Lot Number15
SubdivisionShadow Lakes Phase A (Cal)
Land UseResidential
Legal DescriptionSHADOW LAKES PHASE A (CAL), BLK F, LOT 15
Census Tract031425
Assessed Land Value$110,000
Assessed Improvement Value$310,254
Assessment Year2025

About this property

FANTASTIC 3 BR 2 BATH ONE STORY home in the Shadow Lakes neighborhood of Allen! Close proximity to Bethany Lakes Park-lake-playground-walking trails! Light and Bright! Bruce hardwood floors throughout living areas. Spacious living room with cozy fireplace opens to a HUGE kitchen with gas burner cook top and walk in pantry -Open floor plan is perfect for entertaining! Large private master suite w large master closet. Split bedrooms for privacy. UPDATED full bath! Nice sized PRIVATE backyard with landscaping - perfect for pets and play. Extra storage space in garage with sink. No HOA in this great established neighborhood. Allen ISD. DON'T MISS THIS AMAZING OPPORTUNITY! MOVE IN READY! updates-2015-HVAC & Roof

Investor Tools

Property Icon
$421,000
Estimated Property Value
$229,962Estimated Mortgage Balance
$191,038Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,526 /month
Positive
Cash Flow Estimate:
$842 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,098
$420,254
2025
$110,000
$310,254
$420,254
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,098
$420,254

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Conventional
$250,410
No
First
Jan 7, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,962
$191,038
45%
55%
$1,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,502/mo
+$1,068/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1105 Grimsworth Lane | Property Details | No Agent List