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$580,000

1325 Bailey Ln, Allen, TX, 75013

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,367 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.04 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size4,906 sqft

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-11270-00A-0110-1
Lot Number11
SubdivisionConnemara Crossing (Cal)
Land UseResidential
Legal DescriptionCONNEMARA CROSSING (CAL), BLK A, LOT 11
Census Tract031510
Assessed Land Value$115,425
Assessed Improvement Value$467,133
Assessment Year2025

About this property

Welcome home to 1325 Bailey Lane in Allen, Texas — a beautifully upgraded cottage-style home in the sought-after Connemara Crossing community, built by Meritage Homes and just minutes from Connemara Meadow Nature Preserve. Situated on one of the largest lots in the neighborhood, this move-in-ready home blends thoughtful design with everyday comfort. The kitchen is the heart of the home, featuring a large center island, leathered granite countertops, a built-in wine fridge, and a dual pantry setup — one with shelving, one open for extra storage. Plantation shutters and hardwood floors add a polished finish throughout the main living areas. Stay comfortable year-round with a Trane 3.5-ton HVAC system, tankless water heater, spray foam insulation in the attic and walls, a UV air scrubber for improved indoor air quality, and a Wi-Fi-enabled thermostat. The attic is accessible upstairs, offering added storage. Smart features include MyQ garage app connectivity, a high-tech Ring video doorbell, and a Ring Flood Cam that conveys with the home. A whole-home surround sound system extends to the back patio, and a doggie door adds everyday convenience. Connemara Crossing is a quiet, highly rated Allen neighborhood built between 2018–2020, known for its atmosphere and easy access to US-75 and SH-121. The HOA hosts community events year-round — including Yard of the Month, an Easter egg hunt, Halloween festivities, and a 4th of July celebration — and residents enjoy scenic walking trails at the neighboring Connemara Meadow Nature Preserve. Connemara Crossing is located within Montgomery Farm, a 500-acre master-planned, eco-friendly community in Allen, Texas. The entire area emphasizes green living, native landscaping, and walkability. Zoned to Top Rated Allen ISD schools.

Investor Tools

$190,606Estimated Mortgage Balance
$391,952Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,495 /month
Positive
Cash Flow Estimate:
$1,165 /month

Interested in this property?

Lindsay Reyes

Christie's Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$798/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,662
$582,558
2025
$115,425
$467,133
$582,558
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,662
$582,558

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$200,000
No
First
Jan 17, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,606
$391,952
67%
33%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,410/mo
$2,800/mo
$-390/mo
5.0%

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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