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$655,422

NAL Estimated Property Value

1617 Primrose Place, Allen, TX, 75002

$775,600 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,743 Sq Ft
price_per_sqft$176.33 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesConvection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10860-00B-0100-1
Lot Number10
SubdivisionMalone Meadows (Cal)
Land UseResidential
Legal DescriptionMALONE MEADOWS (CAL), BLK B, LOT 10
Census Tract031408
Assessed Land Value$175,000
Assessed Improvement Value$480,422
Assessment Year2025

About this property

**Multiple offers received, calling for best and highest offer by Saturday 8:00pm** Gorgeous 2-story, 5 beds, 4 bathrooms house located in Allen ISD! Like new build with lots of upgrades built by Meritage Homes: Exterior brick accented with stone, fabulous chandeliers, circular rotunda entry, 22' ceiling living area, expansive master suite with 2 large walk-in closets, master suite downstairs. Floor plan open living area to large kitchen, grand granite island and custom cabinets offers plenty of storage. Kitchen appliances in pristine condition. Energy efficient features and green house in the backyard. Enjoy outdoors activities close by hiking & bike trails, playgrounds, shaded pavilions in the community.

Investor Tools

Property Icon
$655,422
Estimated Property Value
$570,924Estimated Mortgage Balance
$84,498Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$775,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,960 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,156/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,599
$655,422
2025
$175,000
$480,422
$655,422
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,599
$655,422

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$630,000
No
First
Jun 10, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$570,924
$84,498
12%
87%
$3,778/mo

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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1617 Primrose Place | Property Details | No Agent List