$400,000
NAL Estimated Property Value2013 Downing Street, Allen, TX, 75013
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate
Building Information
Year Built2006
Stories2
Garage Spaces2
Land Information
APNR-8648-00A-018C-1
Lot Number18C
SubdivisionAvondale (Cal)
Land UseResidential
Legal DescriptionAVONDALE (CAL), BLK A, LOT 18C
Census Tract031416
Assessed Land Value$89,775
Assessed Improvement Value$305,225
Assessment Year2025
About this property
**Multiple offers-deadline Monday, Feb 8 at 9am**Don't miss this Move in Ready SPACIOUS end unit townhome with over 2,000 sq ft! Open concept. Kitchen features breakfast bar, gas range and ample counterspace. Beautiful, easy maintenance laminate floors and recently updated carpet. Sought after guest bedroom down and full bath. Oversized master up with 2 additional bedrooms. Desirable second living area perfect for games or movies. Convenient location near shopping and major highways. Investors - No lease out for the first 12 months by HOA rule.
Investor Tools
$400,000
Estimated Property Value
$219,832Estimated Mortgage Balance
$180,168Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$743/month
$210/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,918
$395,000
2025
$89,775
$305,225
$395,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,918
$395,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$244,000
No
First
Mar 10, 2021
Apr 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,832
$180,168
45%
55%
$1,463/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$1,673/mo
+$1,467/mo
9.4%
