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Days61Days on Market
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$508,000

$518,000

1402 Country Ln, Allen, TX, 75002

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,045 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.41 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1516-006-0410-1
Lot Number41
SubdivisionCountry Meadow Phase One (Cal)
Land UseResidential
Legal DescriptionCOUNTRY MEADOW PHASE ONE (CAL), BLK F, LOT 41
Census Tract031504
Assessed Land Value$115,000
Assessed Improvement Value$270,040
Assessment Year2025

About this property

Beautifully remodeled 4-bedroom, 2-bathroom forever home in the highly sought-after Country Meadows neighborhood with NO HOA! Every square inch of this single-story residence was thoughtfully touched during a full renovation, resulting in a move-in-ready gem! Featuring new luxury vinyl plank flooring, fresh carpet, brand-new windows, water heater, updated lighting, and crisp neutral paint throughout. The open-concept kitchen boasts modern finishes and updated appliances overlooking bright, spacious living areas perfect for both daily living and entertaining. The primary suite offers a luxurious walk-in shower with natural stone countertops, while the guest bathroom has been completely upgraded. Outside, the charming German schmear brick exterior provides excellent curb appeal. The large, fully fenced backyard features a tall privacy fence with gated entry — ideal for securely parking a bass boat, camper, RV, trailer, or even storing equipment for a small business. There is ample room to add a shop or pool if desired. Just steps from Country Meadows Park and minutes from Celebration Park, Allen High School, shopping, dining, and US-75, this home offers the perfect blend of peaceful neighborhood living and convenient access to everything Allen has to offer.

Investor Tools

$195,687Estimated Mortgage Balance
$322,313Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,108 /month
Positive
Cash Flow Estimate:
$1,036 /month

Interested in this property?

Chase Kirby

Repeat Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$819/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,237
$385,040
2025
$115,000
$270,040
$385,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,237
$385,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$210,000
No
First
Oct 3, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,687
$322,313
62%
38%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,260/mo
+$2,090/mo
7.8%

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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1402 Country Ln | Property Details | No Agent List