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$552,067

NAL Estimated Property Value

206 Fairfax Dr, Allen, TX, 75013

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,252 Sq Ft
price_per_sqft$186.5 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APNR-2868-00E-0070-1
Lot Number7
SubdivisionWatters Crossing I (Cal)
Land UseResidential
Legal DescriptionWATTERS CROSSING I (CAL), BLK E, LOT 7
Census Tract031510
Assessed Land Value$174,800
Assessed Improvement Value$377,267
Assessment Year2025

About this property

Spacious one-story home in sought after Watters Crossing Community. Home is located in exemplary schools, walking distance to Norton Elementary. Open floor plan with vaulted ceilings, 4 bedrooms, 2 living areas, 2 dining areas and 2 baths. Master bedroom has door opens to a secondary bedroom great for baby or toddler needing to be close to parents OR it could be an office or exercise room. Neutral paint colors throughout. Spacious kitchen, with stainless steel appliances, great for entertaining. You will love the huge backyard with electronic gate, covered patio, storage, and plenty of parking space. MULTIPLE OFFERS RECEIVED. Highest and best by Monday 9-13 at 5pm.

Investor Tools

Property Icon
$552,067
Estimated Property Value
$349,293Estimated Mortgage Balance
$202,774Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,312 /month
Positive
Cash Flow Estimate:
$1,104 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$889/month
$760/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,903
$552,067
2025
$174,800
$377,267
$552,067
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,903
$552,067

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$382,500
No
First
Oct 21, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,293
$202,774
36%
63%
$2,294/mo

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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206 Fairfax Dr | Property Details | No Agent List