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$220,000

1323 Timberview Dr, Allen, TX, 75002

SoldInfo
6/4/26
Beds3 Beds
Baths2 Bath
Baths1,241 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.28 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-1139-011-0120-1
Lot Number12
SubdivisionTimber Bend First Increment (Cal)
Land UseResidential
Legal DescriptionTIMBER BEND FIRST INCREMENT (CAL), BLK K, LOT 12
Census Tract031504
Assessed Land Value$95,000
Assessed Improvement Value$175,998
Assessment Year2025

About this property

ATTENTION INVESTORS, FLIPPERS, AND BUY-AND-HOLD BUYERS! Rare opportunity to unlock the potential of this Allen fixer-upper located in an established neighborhood with strong resale and rental demand. Whether you're looking for your next renovation project, value-add investment, BRRRR opportunity, or a property to update and hold in your long-term portfolio, this home offers the ideal blank canvas to bring your vision to life. Featuring solid bones and a functional layout, this property is ready for cosmetic improvements and modernization. With the right updates, investors have the chance to capitalize on Allen's consistently desirable housing market and strong rental fundamentals. Opportunities like this are becoming increasingly difficult to find in one of North Texas' most sought-after communities. The location is a major advantage. Situated just minutes from US-75 and SH-121, commuting throughout the Dallas-Fort Worth Metroplex is convenient and efficient. Residents enjoy close proximity to Allen Premium Outlets, Watters Creek, The Village at Allen, Fairview Town Center, top-rated dining, entertainment, parks, and everyday shopping. Major employment corridors, corporate campuses, and recreational amenities are all within easy reach. 1323 Timberview Dr. presents an exceptional opportunity to create value in a prime Allen location. Bring your contractor, your creativity, and your vision—this is the investment opportunity you've been waiting for.

Investor Tools

Property Icon
$270,998
Estimated Property Value
$200,000Estimated Mortgage Balance
$71,286Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,286
$270,998
2025
$95,000
$175,998
$270,998
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,286
$270,998

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Scf Jake Lp
Unknown
$200,000
No
First
Jun 4, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,712
$71,286
26%
74%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,200/mo
+$1,370/mo
11.4%

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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1323 Timberview Dr | Property Details | No Agent List