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$469,717

NAL Estimated Property Value

1208 Spring Creek Drive, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,278 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.98 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2618-00B-0070-1
Lot Number7
SubdivisionCottonwood Bend No 4b (Cal)
Land UseResidential
Legal DescriptionCOTTONWOOD BEND NO 4B (CAL), BLK B, LOT 7
Census Tract031422
Assessed Land Value$125,000
Assessed Improvement Value$344,717
Assessment Year2025

About this property

Discover the perfect blend of comfort, style, and convenience in this beautiful home located in highly sought-after Allen. Whether you love to entertain or simply want a peaceful retreat to call your own, this charmer checks every single box. Step inside and be greeted by an inviting, open floor plan designed for modern living. This home boasts four generously sized bedrooms and closets, providing ample space for family, guests, or a dedicated home office. The primary suite serves as a tranquil escape, complete with a well-appointed en-suite bathroom, generous walk-in closet for ultimate relaxation and separate from the other bedrooms. High ceilings and open space creates a fantastic layout. Beat the Texas heat right in your own backyard! The private, fenced-in yard features a gorgeous swimming pool, ready for weekend barbecues, pool parties, or quiet evening swims. It is your very own slice of paradise, offering endless opportunities for outdoor fun and relaxation with the waterfall feature. Location is everything, and this home sits in one of the most desirable neighborhoods in Allen. Families will be thrilled to know this property is zoned for top-rated, nationally recognized schools, walking distance to Vaughan Elementary. Plus, you are just minutes away from Allen's premier shopping, dining, and community parks.

Investor Tools

Property Icon
$469,717
Estimated Property Value
$236,515Estimated Mortgage Balance
$233,202Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,818 /month
Positive
Cash Flow Estimate:
$939 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$911/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,585
$469,717
2025
$125,000
$344,717
$469,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,585
$469,717

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Conventional
$259,000
No
First
Oct 25, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,515
$233,202
49%
50%
$1,553/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,553/mo
+$1,797/mo
8.6%

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.

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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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1208 Spring Creek Drive | Property Details | No Agent List