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$380,000

1509 Country Ln, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,926 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.3 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APNR-1516-008-0050-1
Lot Number5
SubdivisionCountry Meadow Phase One (Cal)
Land UseResidential
Legal DescriptionCOUNTRY MEADOW PHASE ONE (CAL), BLK H, LOT 5
Census Tract031504
Assessed Land Value$115,000
Assessed Improvement Value$268,481
Assessment Year2025

About this property

Perfectly situated between Country Meadows Park and Celebration Park, this lovely single story home has custom touches throughout. Spacious living area boasts high ceilings, neutral wood paneling, built in hutch, coffee bar with sink, cozy wood burning fireplace with gas starter, and ceiling fan. Formal dining area is open to the main living space and has access to the kitchen through wooden French doors. Pretty kitchen features neutral white cabinetry, brushed nickel hardware, beautiful granite counter tops, double sink, built in cabinets, full size utility room conveniently located off kitchen. Breakfast area is open to the kitchen and features a butler's pantry. A versatile Bonus room and separate office at the rear of the home. Large Primary bedroom with tray ceiling, ceiling fan, ensuite bath with dual vanities, separate shower, jetted tub, two walk in closets, granite counter tops, and built ins. Rear garage with alley access and garage door opener. Wonderful location in the highly desirable Plano ISD near an abundance of fine dining and retail options!

Investor Tools

Property Icon
$390,000
Estimated Property Value
$388,000Estimated Mortgage Balance
$9,998Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$771/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,297
$383,481
2025
$115,000
$268,481
$383,481
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,297
$383,481

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$388,000
No
First
Mar 10, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$380,002
$9,998
2%
97%
$2,327/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.

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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