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$1,364,000

NAL Estimated Property Value

1609 Lexington Avenue, Allen, TX, 75013

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,215 Sq Ft
price_per_sqft$225.31 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Lighting, Outdoor Grill

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8610-00A-0040-1
Lot Number4
SubdivisionTwin Creeks Phase 7a-2 (Cal)
Land UseResidential
Legal DescriptionTWIN CREEKS PHASE 7A-2 (CAL), BLK A, LOT 4
Census Tract031416
Assessed Land Value$360,000
Assessed Improvement Value$923,255
Assessment Year2025

About this property

BUYERS LOSS IS YOUR GAIN! Stunning!! Immaculate home in Lexington of Twin Creeks sits on over a third of an acre overlooking the Golf Course! The spectacular backyard has it all incl a built in kitchen! The 2nd story balcony overlooks the manicured yard, saltwater pool w slide, grotto&water features. Breathtaking view! The newly remodeled kitchen invites you in w quartz c-tops, ss Thermador appl, gas cooktop & double conv ovens! Handscraped hw, plantation shutters, spa like master w 2 showerheads & body sprays, fireplace and an extra large closet you will love! Upstairs are 3 bedrooms w ensuites, media room, game room w balcony overlooking the resort style back yard & iron stairs leading down to the pool.

Investor Tools

Property Icon
$1,364,000
Estimated Property Value
$497,798Estimated Mortgage Balance
$866,202Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,184 /month
Positive
Cash Flow Estimate:
$2,728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,364/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,545
$1,283,255
2025
$360,000
$923,255
$1,283,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,545
$1,283,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$548,250
No
First
Jul 26, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$497,798
$866,202
63%
36%
$3,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$3,913/mo
$-773/mo
2.8%

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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1609 Lexington Avenue | Property Details | No Agent List