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$560,000

11188 Allen Ln, Terrell, TX, 75161

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.7 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesWater Purifier, Dishwasher, Electric Cooktop, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan, Water Softener
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesDog Run
Lot Size1.50 acres

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.3854.0000.0004.00.99.00
Lot Number4
SubdivisionTree Country Manor
Land UseResidential
Legal DescriptionTREE COUNTRY MANOR, LOT 4 PT
Census Tract050602
Assessed Land Value$89,999
Assessed Improvement Value$425,309
Assessment Year2025

About this property

New roof!! Charming Country Retreat with Modern Conveniences! Escape the hustle and bustle of the city to this stunning 3-bedroom, 2.5-bath single-family home, nestled on 1.5 acres of serene countryside. Nearby Terrell offers a variety of shopping, dining, and entertainment options for your day-to-day needs. Lake Tawakoni hosts championship fishing, that includes hybrid stripers and largemouth bass, Lake Fork is known for its channel cat, white and black crappie, and sunfish. Both lakes are located within close driving range. Step inside to find a thoughtfully designed floor plan featuring a spacious second story game room or loft, perfect for entertaining or relaxing. The heart of the home is the 14x23 chef’s kitchen, a true culinary delight boasting granite countertops, double ovens, deep double sinks, and more cabinet space than you’ll know what to do with! Outside, this property truly shines with two workshops—ideal for hobbyists, storage, or your next big project. The larger shop measures 30x50 with double doors for more convenience, plus additional concrete pads for all the toys parking space. The smaller shop is 20x20 perfectly sized for the gardening tools, lawn equipment and quickly reaching the kids bikes. With no HOA to limit your vision, the possibilities are endless! Current owners have already built a chicken coop, and a raised garden. Additionally, there’s a fenced-in area off the back patio, perfect for pets to roam and play safely. Enjoy country living without sacrificing proximity to the amenities you love. —schedule your private tour today!

Investor Tools

Property Icon
$560,000
Estimated Property Value
$213,489Estimated Mortgage Balance
$368,035Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,290
$442,448
2025
$89,999
$425,309
$515,308
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,290
$442,448

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$213,489
No
First
Feb 6, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,965
$368,035
65%
34%
$1,280/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: Terrell

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11188 Allen Ln | Property Details | No Agent List