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Owner Contacts

$415,000

NAL Estimated Property Value

1509 Basil Ct, Allen, TX, 75002

Off Market

3 Beds

2 Bath

1,933 Sq Ft

$242.06 / sqft

Built in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Disposal, Gas Water Heater, Microwave

FlooringCarpet, Ceramic Tile

Exterior

Private Pool

Building Information

Year Built1997

Stories1

Roof Type105

Garage Spaces2

Land Information

APNR-3034-00G-0280-1

Lot Number28

SubdivisionCottonwood Bend No 4f (Cal)

Land UseResidential

Legal DescriptionCOTTONWOOD BEND NO 4F (CAL), BLK G, LOT 28

Census Tract031422

Assessed Land Value$125,000

Assessed Improvement Value$286,540

Assessment Year2025

About this property

Step inside the most welcoming one story home situated on a quiet cul de sac in ALLEN ISD with NO HOA! The Texas HOT Summer is right around the corner and here is the PERFECT place to enjoy the sparkling, heated POOL SPA and PERGOLA in the back yard! Surrounded by beautiful landscaping and a board on board fence, this OASIS will provide countless MEMORY MAKING weekends! Stainless appliances and granite along with fresh paint and light fixtures throughout gives this home a fresh makeover and ready to move in! Generously sized, split bedrooms offer up the perfect floor plan. The family room overlooks the pool allowing for all the beauty and fun to be witnessed from inside. The open concept kitchen boasts 42 inch cabinets and a pantry providing so much storage for the chef in the family. A flex space in the front allows you to have an additional bedroom or a private office for those who telecommute, providing space and privacy for the entire family.

Investor Tools

$415,000

Estimated Property Value

$439,055Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,807 /month

Positive

Cash Flow Estimate:

$936 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$807/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,609

$411,540

2025

$125,000

$286,540

$411,540

Tax History

Year

Tax Paid

Assessed Value

2024

$7,609

$411,540

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Paramount Residential Mortgage Group

Fha

$465,414

Yes

First

Apr 13, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$439,055

N/A

106%

$2,791/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,570/mo

$2,791/mo

$-221/mo

7.4%

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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