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$1,049,000

1928 Armstrong Dr, Allen, TX, 75002

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,325 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.54 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBuilt-in Barbecue, Gas Grill, Rain Gutters, Outdoor Grill
Lot Size40,626 sqft

Building Information

Year Built2001
Stories2
Garage Spaces2

Land Information

APNR-4553-00K-0020-1
Lot Number2
SubdivisionStacy Ridge Estates Phase 1 (Cal)
Land UseResidential
Legal DescriptionSTACY RIDGE ESTATES PHASE 1 (CAL), BLK K, LOT 2
Census Tract031414
Assessed Land Value$320,000
Assessed Improvement Value$643,369
Assessment Year2025

About this property

Original owners! This custom Drees home in LOVEJOY ISD features a spacious 2024 renovated kitchen, a family room with backyard views, and a custom media room and game room. Enjoy built-in bookshelves, a winding staircase, and French doors throughout. A room near the primary bedroom offers flexibility as an office, nursery, or gym. Located on almost an acre, the custom stamped concrete patio, koi pond, quaint wood bridge, pergola dining space, firepit area, and hot tub create a private oasis while also providing a great entertaining space. Situated in a quiet neighborhood next to the community pool with green space in between, the location is ideal—close to schools, shopping, and major roads. 2025 exterior paint on shutters and front door, 2025 water heater, 2025 window glass (LoE on front windows and dining room windows), 2024 fence stain, 2024 SS appliances, 2024 upgraded hail-resistant roof, 2024 stained white oak wood floors, 2023 pergola update, and more. Two rows of top-grain genuine leather reclining seating, projector and screen CONVEY! As for routine upkeep, professional pest control maintenance has been serviced every 2 months, and HVAC has a routine quarterly service contract for peace of mind.

Investor Tools

Property Icon
$969,000
Estimated Property Value
$812,000Estimated Mortgage Balance
$166,499Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,294 /month
Positive
Cash Flow Estimate:
$2,098 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,838/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,214
$963,369
2025
$320,000
$643,369
$963,369
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,214
$963,369

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rbc Bank (Georgia) Na
Conventional
$812,000
No
First
Jul 16, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$802,501
$166,499
17%
83%
$4,484/mo

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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1928 Armstrong Dr | Property Details | No Agent List