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$3,295

1608 Wagon Wheel Dr, Allen, TX, 75002

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,665 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.9 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Laminate, Wood

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4292-00E-0030-1
Lot Number3
SubdivisionReid Farm Addition Phase I (Cal)
Land UseResidential
Legal DescriptionREID FARM ADDITION PHASE I (CAL), BLK E, LOT 3
Census Tract031508
Assessed Land Value$130,500
Assessed Improvement Value$475,821
Assessment Year2025

About this property

Welcome home to this beautifully updated 5-bedroom, 4-bathroom home in Allen! Centrally located, you'll enjoy easy access to parks, shopping, dining, entertainment, and major highways, along with the convenience of being just a short walk to the community pool. Featuring an open floor plan, high ceilings, a large kitchen with stainless steel refrigerator included, 5 bedrooms, (2 bedrooms down and 3 bedrooms up) 4 full bathrooms, 3 living areas, 2 dining spaces, a covered back patio and a 2-car garage, this versatile floor plan with provides room for everyone. Whether you're working from home, hosting family gatherings, or simply enjoying everyday living, you'll love the flexibility this home offers. Homes with this much space, updates, and an unbeatable location don't come along often. Lawn service is included, allowing you to enjoy a low-maintenance lifestyle with more time to relax. Schedule your private tour today and experience everything this exceptional lease has to offer!

Investor Tools

$533,277Estimated Mortgage Balance
$79,427Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,660 /month
Positive
Cash Flow Estimate:
$1,220 /month

Interested in this property?

Amanda O'Mara

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,140/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,633
$606,321
2025
$130,500
$475,821
$606,321
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,633
$606,321

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rlm Mortgage Llc
Conventional
$560,500
No
First
Sep 6, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$533,277
$86,723
13%
87%
$3,361/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$3,811/mo
$-461/mo
6.6%

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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1608 Wagon Wheel Dr | Property Details | No Agent List