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$360,000

1309 Thoreau Ln, Allen, TX, 75002

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.75 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee 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, Microwave
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1140-016-0050-1
Lot Number5
SubdivisionTimber Bend Second Increment (Cal)
Land UseResidential
Legal DescriptionTIMBER BEND SECOND INCREMENT (CAL), BLK P, LOT 5
Census Tract031504
Assessed Land Value$95,000
Assessed Improvement Value$238,251
Assessment Year2025

About this property

Welcome to your dream home with a sparkling in ground pool! This stunning 3 bed 2 bath residence offers an abundance of natural light, upgrades, and a host of other custom designed features. This beautifully updated home boasts new LVP flooring throughout bedrooms & living areas, completely reimagined bathrooms, and fresh paint inside & out. The spacious kitchen features stainless steel appliances, quartz countertops, and sleek white cabinets. New windows, new water heater, and 4 year old roof. Schedule a showing today!

Investor Tools

Property Icon
$333,251
Estimated Property Value
$19,600,000Estimated Mortgage Balance
$0Estimated Equity
-5781% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

Interested in this property?

Garrett Lamb

Southern Hills Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,212
$333,251
2025
$95,000
$238,251
$333,251
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,212
$333,251

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Commercial
$19,600,000
No
First
Feb 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,457,856
N/A
0%
5839%
$117,512/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$117,512/mo
$-114,942/mo
9.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1309 Thoreau Ln | Property Details | No Agent List