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$309,900

124 W Way Dr, Allen, TX, 75002

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.71 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size15,267 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-1134-005-0140-1
Lot Number14
SubdivisionHillside Village No 8 (Cal)
Land UseResidential
Legal DescriptionHILLSIDE VILLAGE NO 8 (CAL), BLK E, LOT 14
Census Tract031512
Assessed Land Value$104,500
Assessed Improvement Value$212,629
Assessment Year2025

About this property

Welcome to 124 West Way Drive in Allen — a well maintained and nicely updated home offering a fully upgraded interior and exterior, an open floor plan, and an unbeatable location for commuting and everyday convenience. This 3-bedroom, 2-bathroom property is move-in ready and designed for comfortable living with a bright, functional layout that flows seamlessly from the main living area into the kitchen and dining spaces—perfect for both relaxing and entertaining. Enjoy the peace of mind that comes with a home that has been thoughtfully cared for and updated throughout. The open concept design creates a spacious feel and makes the most of every square foot, while the upgrades inside and out add modern appeal and long-term value. Location is a standout feature. With quick access to US-75 and the George Bush Turnpike, getting to Plano, Richardson, and the greater DFW Metroplex is simple. You’re also just minutes from shopping centers, dining, and daily essentials, plus convenient access to nearby schools. When you want big-city entertainment, Downtown Dallas is an easy drive away for work, sports, concerts, and nightlife. If you’re looking for an updated Allen home with an open floor plan and a commuter-friendly location close to everything, 124 West Way Drive is a must-see. Schedule your private showing today.

Investor Tools

$234,322Estimated Mortgage Balance
$82,807Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,903 /month
Positive
Cash Flow Estimate:
$634 /month

Interested in this property?

Diana Pham

LANDMARK LEGACY REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,902
$317,129
2025
$104,500
$212,629
$317,129
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,902
$317,129

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lending Praxes Llc
Purchase Money Mortgage
$235,000
No
First
Jun 18, 2026
Jul 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,322
$82,807
26%
74%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,409/mo
+$1,161/mo
9.7%

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.

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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