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Owner Contacts

$545,000

NAL Estimated Property Value

1605 Silverleaf Ln, Allen, TX, 75002

Off Market

4 Beds

2 Bath

2,227 Sq Ft

$237.54 / sqft

Built in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed For Gas

FlooringCeramic Tile, Hardwood, Laminate

Exterior

Exterior FeaturesRain Barrel Cisterns, Rain Gutters

Building Information

Year Built2004

Stories1

Garage Spaces2

Land Information

APNR-8206-00C-0170-1

Lot Number17

SubdivisionBellegrove Phase Ii (Cal)

Land UseResidential

Legal DescriptionBELLEGROVE PHASE II (CAL), BLK C, LOT 17

Census Tract031414

Assessed Land Value$175,000

Assessed Improvement Value$370,000

Assessment Year2025

About this property

*MULTIPLE OFFERS RECEIVED! Plse Submit Final & Best by 8pmMarch 8* Beautiful one-story Ashton Wood home located in LoveJoy ISD! The appeal begins at the curb w stunning landscaping & new sod. Inside you're greeted w high ceilings, architectural doorways, crown molding, NO CARPET, very well-maintained home. The open floorplan draws you in & holds an updated kitchen w gas cooktop, quartz countertops, newly painted white cabinets & glass backsplash overlooking a large living space w gas fireplace & built in speakers. Primary bedroom is separated allowing for additional privacy & includes an updated bathroom w large soaking tub to wash the day away. Step outside to the extended covered patio & enjoy the peaceful landscaping w flagstone pathways & rain barrels to catch fresh water. There is a separate fenced in yard w storage shed & raised gardens. The spacious 3car garage has insulated panels & a sink. Be prepared to fall in love w this home! New roof 2023, HVAC replaced 2021!

Investor Tools

$545,000

Estimated Property Value

$419,651Estimated Mortgage Balance

$125,349Estimated Equity

22% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,270 /month

Positive

Cash Flow Estimate:

$1,090 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$521/month

$360/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,522

$545,000

2025

$175,000

$370,000

$545,000

Tax History

Year

Tax Paid

Assessed Value

2024

$3,522

$545,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Portfolio Mortgage Corp

Conventional

$436,000

First

Apr 8, 2024

May 2039

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$419,651

$125,349

22%

77%

$2,615/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,350/mo

$2,975/mo

+$375/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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