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$300,000

1402 Spring Street, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,163 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.7 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Storage

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1724-004-0070-1
Lot Number7
SubdivisionCottonwood Bend No 3 (Cal)
Land UseResidential
Legal DescriptionCOTTONWOOD BEND NO 3 (CAL), BLK 4, LOT 7
Census Tract031422
Assessed Land Value$125,000
Assessed Improvement Value$300,711
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION. JUST AROUND THE CORNER FROM COTTONWOOD BEND PARK AND YOUR OWN SPARKLING POOL AND YARD OUT BACK! Board on board fence provides ultimate privacy. Don't miss your opportunity to own this charming two story. All bedrooms up. Spend your days and evenings in the cozy living room with wood burning fireplace. Large dining area is perfect for entertaining and holiday gatherings. The owner's retreat with extra space for lounging is spacious and airy with vaulted ceilings and abundant natural light. No more fighting over closet space. IT HAS TWO! Master bath has separate garden tub and shower. Kitchen and breakfast nook overlook the backyard and pool. Shed out back will convey.

Investor Tools

Property Icon
$425,711
Estimated Property Value
$0Estimated Mortgage Balance
$153,966Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,554 /month
Positive
Cash Flow Estimate:
$851 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$854/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,116
$425,711
2025
$125,000
$300,711
$425,711
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,116
$425,711

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$305,250
No
First
Sep 24, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,745
$153,966
36%
64%
$1,831/mo

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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