Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$674,000

NAL Estimated Property Value

1221 Philip Drive, Allen, TX, 75013

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,163 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.08 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8841-00C-0110-1
Lot Number11
SubdivisionPark At Montgomery Farm The (Cal)
Land UseResidential
Legal DescriptionPARK AT MONTGOMERY FARM THE (CAL), BLK C, LOT 11
Census Tract031510
Assessed Land Value$178,500
Assessed Improvement Value$495,500
Assessment Year2025

About this property

MOTIVATED SELLERS! FABULOUS! 5 BR 4 BA home in The Park at Montgomery Farm. This home boasts pride in home ownership-so clean & well maintained! TWO BEDROOMS DOWN- great mother-in-law suite or multi generational living. Open floorplan with large kitchen and family room- great for entertaining. Handscraped wood floors, granite, SS appliances, large bedrooms, and big walk in closets are just a few of the great things about this house! Large gameroom up. Nice size yard. Award Winning AISD schools. Close proximity to Watters Creek for great lifestyle living. DONT MISS OUT ON THIS AMAZING HOME WAITING FOR YOU!! VIRTUAL TOUR AVAILABLE - GOOGLE '1221 PHILIP DRIVE ALLEN YOUTUBE'

Investor Tools

Property Icon
$674,000
Estimated Property Value
$300,211Estimated Mortgage Balance
$373,789Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,044 /month
Positive
Cash Flow Estimate:
$1,348 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,007/month
$870/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,716
$674,000
2025
$178,500
$495,500
$674,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,716
$674,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizen Bank Na
Conventional
$340,000
No
First
May 22, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,211
$373,789
55%
45%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$2,909/mo
+$231/mo
5.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1221 Philip Drive | Property Details | No Agent List