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B+
NoAgentList RatingHow are grades calculated? Info

$496,000

1216 Meadowbend Ct, Allen, TX, 75002

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.77 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Ceramic Tile, Marble

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR-3253-00B-0890-1
Lot Number89
SubdivisionAllen North Addition Phase Two (Cal)
Land UseResidential
Legal DescriptionALLEN NORTH ADDITION PHASE TWO (CAL), BLK B, LOT 89
Census Tract031413
Assessed Land Value$132,000
Assessed Improvement Value$343,759
Assessment Year2025

About this property

Motivated sellers! Home is ready for new owners! Schedule your showing today! Home is situated on an oversized lot in a cul-de-sac approximately a mile from Allen High School. The backyard oasis includes a pool with a diving board, dog run, 8ft freshly stained privacy fence and an extended enclosed patio area for your enjoyment. The living room layout flows perfectly to the outdoors creating an entertainer's dream. The indoor outdoor living is also a great space for a private relaxing evening. The home is spacious with 5 total bedrooms including 3 ensuites, 3.5 bathrooms, 2 living and 2 dining areas. Home offers a long list of upgrades; marble flooring throughout the downstairs, updated kitchen and bathrooms with freshly painted cabinets, granite and quartz countertops, new paint and caulking throughout home, new roof replaced February 2024, new Carrier HVAC upstairs installed 2023.

Investor Tools

Property Icon
$496,000
Estimated Property Value
$430,606Estimated Mortgage Balance
$79,531Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,905
$475,759
2025
$132,000
$343,759
$475,759
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,905
$475,759

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$430,606
Yes
First
Jul 24, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,469
$79,531
16%
84%
$2,582/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: Allen

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1216 Meadowbend Ct | Property Details | No Agent List