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$574,000

NAL Estimated Property Value

1611 Wood Creek Ln, Allen, TX, 75002

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,817 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.31 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee 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, Electric Oven, Microwave
FlooringCarpet, Tile, Vinyl

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4292-00A-0170-1
Lot Number17
SubdivisionReid Farm Addition Phase I (Cal)
Land UseResidential
Legal DescriptionREID FARM ADDITION PHASE I (CAL), BLK A, LOT 17
Census Tract031508
Assessed Land Value$130,500
Assessed Improvement Value$442,842
Assessment Year2025

About this property

You will fall in love with the open-concept layout with big windows and lots of natural light the minute you walk in. Beautifully updated 5 bedroom home in Reid Farm, Allen ISD close to shopping, restaurants and schools. Main floor features a spacious living room with fireplace leading to the newly updated kitchen with granite countertops, new appliances, large island, new stainless steel appliances and breakfast nook. Also on the main floor is the Primary suite with en suite bath, formal dining room and office. Upstairs you will find plenty of space for entertaining with a large game room, media room and 4 bedrooms with 2 more bathrooms. Upgrades include fresh paint, new flooring throughout, updated bathrooms, new HVAC, new water heater and so much more!

Investor Tools

Property Icon
$574,000
Estimated Property Value
$429,997Estimated Mortgage Balance
$144,003Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$973/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,800
$573,342
2025
$130,500
$442,842
$573,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,800
$573,342

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$459,000
No
First
Dec 20, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,997
$144,003
25%
75%
$2,752/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$3,202/mo
+$148/mo
7.0%

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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1611 Wood Creek Ln | Property Details | No Agent List