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$639,900

1502 Shetland Drive, Allen, TX, 75013

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.44 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting

Building Information

Year Built2013
Stories2
Garage Spaces3

Land Information

APNR-10212-00L-0100-1
Lot Number10
SubdivisionCumberland Crossing Phase Iv (Cal)
Land UseResidential
Legal DescriptionCUMBERLAND CROSSING PHASE IV (CAL), BLK L, LOT 10
Census Tract031416
Assessed Land Value$220,000
Assessed Improvement Value$632,000
Assessment Year2025

About this property

Custom Brick & Stone 2 Story Drees Built 4 bedroom, 3.5 bath, 3 car garage home with numerous upgrades and amenities. Study with French Door entry and Formal dining flank the foyer. Gorgeous Solid Hardwoods continue throughout the main floor to the Open Grand sized Living, Breakfast, and Gourmet Stainless appliance Kitchen. Custom Wood Cabinetry, 5 burner gas cooktop, custom vent, dual ovens, built-in microwave , expansive one level Island and Dual breakfast bar. Master Suite includes sitting area, walk in 14 X 6' closet, walk in shower, tub & separate vanities. Lower Guest Bedroom, Mud Room and Laundry. Upper includes 2 Bedrooms, 1.5 Baths, Media & Gameroom! Outdoor fireplace, expanded covered & open Patios!

Investor Tools

Property Icon
$852,000
Estimated Property Value
$0Estimated Mortgage Balance
$379,852Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,112 /month
Positive
Cash Flow Estimate:
$1,704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,502/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,759
$852,000
2025
$220,000
$632,000
$852,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,759
$852,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$520,000
No
First
Jul 6, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$472,148
$379,852
44%
55%
$3,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$3,718/mo
$-578/mo
4.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1502 Shetland Drive | Property Details | No Agent List