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$679,681

NAL Estimated Property Value

1229 Edgewood Ln, Allen, TX, 75013

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,874 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.07 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Hardwood, Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR-1936-003-0180-1
Lot Number18
SubdivisionRaintree Estates I (Cal)
Land UseResidential
Legal DescriptionRAINTREE ESTATES I (CAL), BLK C, LOT 18
Census Tract031507
Assessed Land Value$185,250
Assessed Improvement Value$494,431
Assessment Year2025

About this property

NO HOA!!Rare opportunity in West Allen! 0.3 of an acre with 2 YARDS on a Cul De sac in the highly sought-after Raintree Estates of Twin Creeks neighborhood,one of the few remaining homes that DOES NOT pay into,nor is held to all of the HOA restrictions.That alone makes this a very rare home,even more rare in our market.One-Story home with nearly 3000 sq’ 4 beds,3 baths,3 car garage,all on one floor, and a pool with a second yard? That is a ONE-OF-A-KIND!Award Winning Allen ISD School District!The expansive living room features Hardwood flooring,brick fireplace,wood paneling,and crown molding that create a traditional warm and inviting atmosphere.The open dining room overlooks both the living and sunroom, creating an ideal setting for entertaining.The spacious sunroom with skylights provides the perfect place to relax year-round while overlooking the backyard swimming pool oasis.The spacious primary suite also overlooks the backyard and sparkling pool, creating a peaceful retreat.The primary bath with dual sinks,separate tub and shower, walk in closet, offers plenty of space to comfortably start and end your day. The secondary bedrooms are generously sized and offer flexibility for guests or a home office. The kitchen offers abundant space, cabinetry with natural light, and plenty of windows. A secondary living room, along with an adjacent bedroom and full bath, creates an ideal setup for multi-generational living,or a private retreat.Step outside and discover what truly sets this home apart. Enjoy the sparkling pool, and then continue to the second expansive yard offering endless possibilitie. Rarely do homes with this much charm, architectural detail, and outdoor space become available in West Allen. Conveniently located near Costco, HEB, Steam Center, Stephen G Terrell Recreation Center, Collin College Technical Campus, shopping, dining, parks,HWY 121 and 75 and top-rated Allen ISD schools,this property offers the perfect blend of comfort, character, and location.

Investor Tools

Property Icon
$679,681
Estimated Property Value
$65,295Estimated Mortgage Balance
$614,561Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,078 /month
Positive
Cash Flow Estimate:
$1,359 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$931/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,777
$679,681
2025
$185,250
$494,431
$679,681
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,777
$679,681

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$82,210
No
First
Oct 28, 2016
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,295
$614,386
90%
10%
$493/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$493/mo
+$2,647/mo
5.5%

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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1229 Edgewood Ln | Property Details | No Agent List