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$399,000

1524 Summerfield Dr, Allen, TX, 75002

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,666 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.5 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Refrigerator

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-4714-00E-0060-1
Lot Number6
SubdivisionParkside No 4 Phase C (Cal)
Land UseResidential
Legal DescriptionPARKSIDE NO 4 PHASE C (CAL), BLK E, LOT 6
Census Tract031425
Assessed Land Value$115,000
Assessed Improvement Value$267,161
Assessment Year2025

About this property

This home is truly a must-see. Come see your new home! This beautifully maintained 3-bed, 2-bath, 2-car garage residence is nestled in the desirable Parkside subdivision within Allen ISD. This inviting one-story home features an open floor plan with split bedrooms for added privacy. The family room offers hardwood flooring and a gas-starter fireplace, seamlessly connecting to the kitchen and dining area—perfect for entertaining. The eat-in kitchen includes an island, gas cooktop, and tile backsplash. The spacious master suite is set apart from the secondary bedrooms and features a walk-in closet, dual sinks, separate shower, and a relaxing garden tub. Secondary bedrooms are generously sized with walk-in closets. Recent upgrades Include New roof, New HVAC system, New Carpet and some bathroom updates. Additional highlights include a large laundry room with built-in cabinets, a huge backyard, and a built-in sprinkler system. Residents enjoy access to the community pool and are within walking distance of a nearby park and neighborhood amenities.

Investor Tools

Property Icon
$382,161
Estimated Property Value
$200,000Estimated Mortgage Balance
$214,700Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Khalil Lakhani

Roots Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,728
$382,161
2025
$115,000
$267,161
$382,161
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,728
$382,161

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Phh Mortgage Services Corp
Stand Alone First / Home Equity First Lien
$200,000
No
First
Aug 14, 2018
Sep 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,461
$214,700
56%
44%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,650/mo
+$920/mo
8.1%

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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