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$300,000

1504 Flameleaf Dr Fl Ameleaf, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.45 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, None

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2099-014-0030-1
Lot Number3
SubdivisionGreengate Addition Section Iv (Cal)
Land UseResidential
Legal DescriptionGREENGATE ADDITION SECTION IV (CAL), BLK 14, LOT 3
Census Tract031425
Assessed Land Value$95,000
Assessed Improvement Value$248,434
Assessment Year2025

About this property

With 1,760 square feet of living space, this house provides ample room for both relaxation and entertainment. The well-designed layout ensures a functional flow throughout, while the large carport offers convenient parking and storage options. Located in a desirable neighborhood, this home is surrounded by excellent amenities. The vibrant community of Allen provides a wealth of dining, shopping, and entertainment options to explore. This property presents an exciting opportunity for those looking to make their mark. With its solid construction and renovation potential, buyers can envision transforming this house into their dream home. Additionally, its location in the thriving Allen real estate market makes it an attractive option for those considering rental income possibilities.

Investor Tools

Property Icon
$362,000
Estimated Property Value
$387,746Estimated Mortgage Balance
$0Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,857
$343,434
2025
$95,000
$248,434
$343,434
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,857
$343,434

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$387,746
Yes
First
Feb 3, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,168
N/A
0%
105%
$2,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,325/mo
+$245/mo
8.5%

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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1504 Flameleaf Dr Fl Ameleaf | Property Details | No Agent List