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$469,999

$474,999

1545 Sandlewood Dr, Allen, TX, 75002

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.4 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APNR-5032-0K2-0170-1
Lot Number17
SubdivisionLost Creek Ranch Phase 2b (Cal)
Land UseResidential
Legal DescriptionLOST CREEK RANCH PHASE 2B (CAL), BLK K2, LOT 17
Census Tract031413
Assessed Land Value$137,500
Assessed Improvement Value$352,049
Assessment Year2025

About this property

Welcome to this pristine, single-story masterpiece perfectly situated on a low-traffic street directly across from a peaceful neighborhood park and zoned for top-rated Allen ISD schools. From the moment you arrive, you’ll be captivated by the curb appeal and manicured landscaping. The welcoming entryway features gorgeous, durable luxury vinyl plank flooring stretching throughout the main living areas, complemented by custom interior paint and updated lighting. The inviting living room is anchored by a cozy fireplace and features built-in surround sound speakers, perfect for movie nights. The heart of this home is the updated kitchen, highlighting beautiful wood cabinetry, elegant Corian countertops, a custom tiled backsplash, a premium gas cooktop, and stainless-steel appliances. A striking black cast-iron farmhouse sink serves as the ultimate design focal point. The retreat-style primary bedroom is oversized, offering an upgraded en-suite bath with dual sinks and coveted his and hers walk-in closets. In a separate wing, you'll find two generously sized secondary bedrooms, both featuring walk-in closets, ceiling fans, and window coverings. Nestled perfectly between them is a highly versatile second living space, ideal as a playroom, media space, or private home office. You’ll also find a beautifully updated secondary bathroom. Your private backyard oasis features a stunning new covered porch topped with a metal roof. You'll love the view of the lush lawn, framed by a recently re-stained fence, full gutters and an automatic sprinkler system. Smart home and mechanical upgrades include coded garage door entry, front and rear Ring cameras, and automatic backyard flood lighting. Brand-new roof installed in 22, chimney stack rebuilt in 2025, and a new water heater replaced in 2024, still protected under a 10-year warranty. This Lost Creek Ranch gem is completely turn-key and ready for its next chapter! Patio furniture, console in living room and all curtains convey!

Investor Tools

Property Icon
$489,549
Estimated Property Value
$295,000Estimated Mortgage Balance
$221,696Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,937 /month
Positive
Cash Flow Estimate:
$979 /month

Interested in this property?

Cory Cain

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$905/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,413
$489,549
2025
$137,500
$352,049
$489,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,413
$489,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$295,000
No
First
Sep 10, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,853
$221,696
45%
55%
$1,769/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,269/mo
+$1,081/mo
8.2%

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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1545 Sandlewood Dr | Property Details | No Agent List