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$1,428,905

1200 Monica Dr, Allen, TX, 75013

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,285 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave
FlooringCarpet, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size13,939 sqft

Building Information

Year Built2010
Stories2
Garage Spaces3

Land Information

APNR-8883-00A-001R-1
Lot Number1R
SubdivisionMeadow At Montgomery Farm The (Cal)
Land UseResidential
Legal DescriptionMEADOW AT MONTGOMERY FARM THE (CAL), BLK A, LOT 1R; AMENDED AMENDED
Census Tract031510
Assessed Land Value$325,000
Assessed Improvement Value$1,103,905
Assessment Year2025

About this property

Rare opportunity to lease a home with this level of finish out and space. Home has highest level of effeciencies in place. Built to Platinum LEED specifications, the most energy efficient home possible. Beautiful Tuscan stylings. Gleaming kitchen with great entertaining flow, fantastic for casual family gathering or the highest level of entertaining. This is the perfect executive level home.

Investor Tools

Property Icon
$1,428,905
Estimated Property Value
$1,040,000Estimated Mortgage Balance
$421,443Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,573 /month
Positive
Cash Flow Estimate:
$2,858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,680/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,019
$1,428,905
2025
$325,000
$1,103,905
$1,428,905
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,019
$1,428,905

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Conventional
$1,040,000
No
First
Aug 27, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,007,462
$421,443
29%
71%
$6,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$6,236/mo
$-3,096/mo
2.6%

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.

Explore Texas Explore This Area
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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1200 Monica Dr | Property Details | No Agent List