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$323,000

NAL Estimated Property Value

1111 Mill Run Dr, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,469 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.36 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1126-003-0220-1
Lot Number22
SubdivisionHigh Meadows No 2 (Cal)
Land UseResidential
Legal DescriptionHIGH MEADOWS NO 2 (CAL), BLK 3, LOT 22
Census Tract031504
Assessed Land Value$85,000
Assessed Improvement Value$212,842
Assessment Year2025

About this property

Spacious 3 bedroom home in the heart of Allen ready for your family. Home is conveniently located near Allen HS retail, and restaurants. Situated at the end of a cul de sac with nice back yard. Come take a look now as this will not last long!!! Good credit only with solid income. Landlord prefers 2+ year lease.

Investor Tools

Property Icon
$323,000
Estimated Property Value
$173,777Estimated Mortgage Balance
$149,223Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,166
$297,842
2025
$85,000
$212,842
$297,842
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,166
$297,842

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$196,000
No
First
Jul 31, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,777
$149,223
46%
54%
$1,176/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,176/mo
+$1,394/mo
9.5%

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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1111 Mill Run Dr | Property Details | No Agent List