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$468,500

1808 Sanderlain Ln, Allen, TX, 75002

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,929 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.87 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size4,600 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APNR-9830-00B-0290-1
Lot Number29
SubdivisionMorgan Crossing Phase 3 (Cal)
Land UseResidential
Legal DescriptionMORGAN CROSSING PHASE 3 (CAL), BLK B, LOT 29
Census Tract031411
Assessed Land Value$115,000
Assessed Improvement Value$319,032
Assessment Year2025

About this property

CHARMING One Story home in the coveted neighborhood of Morgan Crossing in Allen. PRIME LOCATION - Just 4 houses down from the Maxwell Creek ponds, Morgan Crossing Park & walking trails. Original Owner - so much pride in ownership! Eye-catching curb appeal with large covered front porch that says 'Welcome Home!' This open concept floor plan is perfect for entertaining. Spacious living room with a wall of windows letting in lots of natural light and a gas fireplace. Gourmet kitchen with granite countertops, stainless steel appliances, gas cooking, huge walk-in pantry, and dining room that can hold a large table. This home was built with accessibility in mind - door frames are extra-wide to allow for wheelchair access. Freshly painted throughout. Easy-care solid surface laminate wood flooring & tile throughout the entire house except the primary closet! Private primary suite with spa-like bath with dual vanities, walk-in shower, soaker tub, and MASSIVE primary closet - wow! Split bedroom floor plan with spacious secondary bedrooms & full hall bath. Laundry room with built-in cabinets for additional storage. Private outdoor space with big covered patio, and easy-care yard for pets or play time. Roof replaced in June 2025. You do NOT want to miss out on this amazing opportunity in Allen ISD!

Investor Tools

$106,045Estimated Mortgage Balance
$359,955Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,811 /month
Positive
Cash Flow Estimate:
$937 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$861/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,007
$434,032
2025
$115,000
$319,032
$434,032
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,007
$434,032

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$154,868
No
First
Nov 20, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,045
$359,955
77%
23%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$350/mo
+$2,220/mo
6.6%

Learn About the Market: Opportunity in Texas

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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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1808 Sanderlain Ln | Property Details | No Agent List