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$748,000

1118 Maverick Dr, Allen, TX, 75013

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,327 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.19 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,775 sqft

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-10779-00A-0110-1
Lot Number11
SubdivisionMontgomery Ridge Phase I (Cal)
Land UseResidential
Legal DescriptionMONTGOMERY RIDGE PHASE I (CAL), BLK A, LOT 11
Census Tract031510
Assessed Land Value$190,000
Assessed Improvement Value$545,131
Assessment Year2025

About this property

Beautiful two-story home in the prime Montgomery Ridge location zoned to highly sought-after Allen ISD. This beautifully maintained home offers great layout with bright, open-concept design featuring 5 bedrooms, 3.5 baths, private office and formal dining room along with hardwood floors throughout the main living areas. The chef’s kitchen showcases quartz countertops, large island with seating, white cabinetry, stainless steel appliances, gas cooktop and pendant lighting seamlessly opening to the spacious living area. The luxurious primary suite offers spa-style bath with soaking tub, frameless shower, dual vanities and oversized walk-in closet. Upstairs includes two additional bedrooms and game room. Ideally located just minutes from Watters Creek and US-75 with convenient access to shopping and dining.

Investor Tools

Property Icon
$748,000
Estimated Property Value
$337,322Estimated Mortgage Balance
$453,890Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,488 /month
Positive
Cash Flow Estimate:
$1,496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,831
$735,131
2025
$190,000
$545,131
$735,131
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,831
$735,131

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Home Mortgage Inc
Conventional
$337,322
No
First
Nov 25, 2019
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,110
$453,890
60%
39%
$2,023/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,410/mo
$2,023/mo
+$387/mo
3.9%

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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1118 Maverick Dr | Property Details | No Agent List