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$393,855

NAL Estimated Property Value

1623 Southwestern Dr, Allen, TX, 75013

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,921 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$197.76 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2009
Stories2
Garage Spaces2

Land Information

APNR-8649-00B-0050-1
Lot Number5
SubdivisionSuncreek Townhomes (Cal)
Land UseResidential
Legal DescriptionSUNCREEK TOWNHOMES (CAL), BLK B, LOT 5
Census Tract031509
Assessed Land Value$85,500
Assessed Improvement Value$308,355
Assessment Year2025

About this property

This beautifully updated end unit townhome offers a perfect blend of comfort, style, and functionality. With recent improvements throughout, including a new roof (2021) and new carpeting on the second floor (2021), this home is ready for you to move in and enjoy. Step into the bright and inviting living spaces, featuring updated light fixtures that add a contemporary touch throughout. For the culinary enthusiast, the gas cooktop in the refreshed kitchen (2021) is sure to impress, while the new dishwasher (2022) makes clean-up a breeze. The upgraded wood risers (2021) on the stairs add a stylish, modern upgrade that complements the home’s overall aesthetic. The spacious upstairs flex space offers endless possibilities – whether you envision it as a playroom, second living area, office, or anything else to suit your needs. Enjoy the community pool on a warm summer day or take a stroll on the walking trails nearby. Home is locate in close proximity to the Watters Creek retail and dining area.

Investor Tools

Property Icon
$393,855
Estimated Property Value
$372,069Estimated Mortgage Balance
$21,786Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,363 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$692/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,335
$393,855
2025
$85,500
$308,355
$393,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,335
$393,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$379,900
Yes
First
Mar 24, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,069
$21,786
5%
94%
$2,278/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,410/mo
$3,178/mo
$-768/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1623 Southwestern Dr | Property Details | No Agent List