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$281,000

NAL Estimated Property Value

111 Melody Mall Dr, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,361 Sq Ft
price_per_sqft$242.4 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range
FlooringLaminate

Building Information

Year Built1984
Garage Spaces2

Land Information

APNR-1133-002-010U-1
Lot Number10
SubdivisionHillside Village No 7 (Cal)
Land UseResidential
Legal DescriptionHILLSIDE VILLAGE NO 7 (CAL), BLK B, LOT 10; UDI 2019, UNDIVIDED INTEREST 5.0000000000% UDI 2019
Census Tract031512
Assessed Land Value$4,750
Assessed Improvement Value$11,075
Assessment Year2024

About this property

Welcome to your new haven! This inviting home features three spacious bedrooms and two well-appointed bathrooms, making it perfect for families or anyone seeking extra space. As you enter, you’ll find a bright and airy living room that flows seamlessly into the dining area, creating an ideal setting for gatherings. The master suite boasts an en-suite bathroom and a generous walk-in closet, providing both comfort and privacy. Located in a peaceful neighborhood, this home offers the perfect retreat while still being conveniently close to local amenities, parks, and schools. Don’t miss out on this wonderful opportunity.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$0Estimated Mortgage Balance
$281,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$283
$15,825
2024
$4,750
$11,075
$15,825
No

Tax History

Year
Tax Paid
Assessed Value
2023
$283
$15,825

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$281,000
100%
0%
$0/mo

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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111 Melody Mall Dr | Property Details | No Agent List