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Owner Contacts

$522,929

1383 Elaine Dr, Allen, TX, 75013

Off Market

3 Beds

3 Bath

1,912 Sq Ft

Single Family Residence

$1.57 / sqft

Built in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2.5

AppliancesDishwasher, Disposal, Dryer, Gas Range, Microwave, Convection Oven, Refrigerator, Tankless Water Heater

FlooringCarpet

Exterior

Lot Size4,226 sqft

Building Information

Year Built2020

Stories2

Garage Spaces2

Land Information

APNR-11270-00B-0180-1

Lot Number18

SubdivisionConnemara Crossing (Cal)

Land UseResidential

Legal DescriptionCONNEMARA CROSSING (CAL), BLK B, LOT 18

Census Tract031510

Assessed Land Value$121,500

Assessed Improvement Value$401,429

Assessment Year2025

About this property

Charming Home - Move-In Ready! Be the first to lease this well-maintained home in this highly sought-after community. ALL APPLIANCES INCLUDED—Four-Door Refrigerator & Pedestal Mounted Washer & Dryer Set! Key Features: Gourmet Kitchen: Large center island with natural stone, deep SS farmhouse sink, 5-burner gas range, custom tile backsplash, walk-in pantry. Open Living Spaces: Spacious dining and living areas with natural light. Bonus Room: Ready for media setup with TV mount included. Primary Suite: Oversized shower with bench, & a custom walk-in closet. Convenient Laundry: Includes pedestal mounted front-load washer & dryer. Located near top-rated schools, shopping, dining, and major commute routes, this home is perfectly positioned for comfort and convenience. One mile to Watters Creek Village with over 75 stores & restaurants, five miles to Allen Premium Outlets & 4.5 miles to Allen High School. Don’t miss this rare opportunity! Schedule a tour today!

Investor Tools

$522,929

Estimated Property Value

$341,762Estimated Mortgage Balance

$216,230Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,138 /month

Positive

Cash Flow Estimate:

$1,046 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$797/month

$1,459/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,950

$522,929

2025

$121,500

$401,429

$522,929

Tax History

Year

Tax Paid

Assessed Value

2024

$6,950

$522,929

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Thrive Mortgage Llc

Conventional

$341,762

First

Jan 6, 2021

Feb 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$306,699

$216,230

41%

59%

$2,050/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,410/mo

$3,509/mo

$-1,099/mo

5.5%

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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