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B+
NoAgentList RatingHow are grades calculated? Info

$486,000

1631 Salvia Springs Dr, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,617 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.92 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven
FlooringCarpet, Laminate

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APNR-8010-00I-0300-1
Lot Number30
SubdivisionAuburn Springs Phase Three (Cal)
Land UseResidential
Legal DescriptionAUBURN SPRINGS PHASE THREE (CAL), BLK I, LOT 30
Census Tract031414
Assessed Land Value$130,000
Assessed Improvement Value$341,994
Assessment Year2025

About this property

Nice 4 bedrooms and 3 full baths with master bedroom and two bedrooms, game up, one bedroom and full bath down, laminated wood floor in family room, entrance ,dinning room and second living room, granite kitchen counter top ,3 car garage, vacant and ready to move in.

Investor Tools

Property Icon
$486,000
Estimated Property Value
$131,000Estimated Mortgage Balance
$410,390Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,916 /month
Positive
Cash Flow Estimate:
$972 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$916/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,563
$471,994
2025
$130,000
$341,994
$471,994
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,563
$471,994

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Unknown
$131,000
No
First
Apr 13, 2009
May 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,610
$410,390
84%
16%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
N/A
+$3,350/mo
8.3%

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.

Explore Texas Explore This Area
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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