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$350,615

NAL Estimated Property Value

1637 Southwestern Drive, Allen, TX, 75013

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,677 Sq Ft
price_per_sqft$175.91 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

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 Oven, Gas Cooktop, Plumbed For Ice Maker, Refrigerator, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2008
Stories2
Garage Spaces1

Land Information

APNR-8649-00B-0120-1
Lot Number12
SubdivisionSuncreek Townhomes (Cal)
Land UseResidential
Legal DescriptionSUNCREEK TOWNHOMES (CAL), BLK B, LOT 12
Census Tract031509
Assessed Land Value$85,500
Assessed Improvement Value$265,115
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED highest and best deadline of 10-25 at 3pm. Photos & showings starting Friday. LOCATION! This home is in an ideal neighborhood and is situated close to all major highways. Home Features include: dual master bedrooms, 2.5 bathrooms, 2 car garage, SS appliances, and upgrades in the kitchen, 2 living spaces, 2 dinning spaces and the perfect layout! Check out the smart home capabilities. A nice patio in the back to drink your morning coffee.

Investor Tools

Property Icon
$350,615
Estimated Property Value
$252,378Estimated Mortgage Balance
$98,237Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,104 /month
Positive
Cash Flow Estimate:
$701 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,676
$350,615
2025
$85,500
$265,115
$350,615
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,676
$350,615

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Laxmi Narayan Enterprises Inc
Conventional
$275,850
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,378
$98,237
28%
72%
$1,654/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,454/mo
$-544/mo
6.5%

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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1637 Southwestern Drive | Property Details | No Agent List