Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$540,000

1306 Red River Ln, Allen, TX, 75002

Off Market

4 Beds

3 Bath

2,636 Sq Ft

Single Family Residence

$204.86 / sqft

Built in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2.5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Building Information

Year Built2006

Stories2

Garage Spaces2

Land Information

APNR-8741-00D-0010-1

Lot Number1

SubdivisionSilhouette Phase 1 (Cal)

Land UseResidential

Legal DescriptionSILHOUETTE PHASE 1 (CAL), BLK D, LOT 1

Census Tract031413

Assessed Land Value$131,250

Assessed Improvement Value$345,346

Assessment Year2025

About this property

INCREDIBLE home located on a private corner lot featuring a pristine pool, covered patio and grill area. Thoughtfully designed floor plan with primary bedroom on the 1st floor. Spacious kitchen boasts modern stainless appliances, convenient roll out shelving in most lower cabinets, Corian counter tops and an open floor plan to the dining or sitting area. The family room overlooks the peaceful backyard. Upstairs are 3 generously sized bedrooms and a versatile game room that can be tailored to your needs–playroom, office or entertainment area. All bedrooms have closets with adjustable shelving. Large corner lot and 8 ft fence provides privacy as you enjoy the pool, covered patio with roll down sun shades, covered grill space and grassy area. Amazing location near all of the shops and restaurants in Fairview Town Center, The Village at Allen and Allen Outlet Mall. Updates: Roof Oct 2023, Compressor 2019, water heater 2022, garage door opener 2023, disposal 2021, pool filter tank 2023.

Investor Tools

$528,000

Estimated Property Value

$483,400Estimated Mortgage Balance

$46,696Estimated Equity

8% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,240 /month

Positive

Cash Flow Estimate:

$1,080 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$753/month

$105/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,397

$476,596

2025

$131,250

$345,346

$476,596

Tax History

Year

Tax Paid

Assessed Value

2024

$6,397

$476,596

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Newrez Llc

Conventional

$483,400

First

Feb 4, 2026

Mar 2041

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$481,304

$46,696

91%

$2,899/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,350/mo

$3,004/mo

+$346/mo

7.6%

Learn About the Market: Opportunity in Texas

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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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