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$352,000

211 Watson Dr, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,808 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.05 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

BankruptcyOff-Market ListDeal 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 Cooktop, Electric Oven
FlooringCarpet

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1116-006-0060-1
Lot Number6
SubdivisionAllenwood Estates #2 (Cal)
Land UseResidential
Legal DescriptionALLENWOOD ESTATES #2 (CAL), BLK 6, LOT 6
Census Tract031511
Assessed Land Value$85,000
Assessed Improvement Value$181,025
Assessment Year2025

About this property

MULTIPLE OFFERS HAVE BEEN RECEIVED. ONE STORY home in Allenwood Estates! Welcoming front porch. 3 bedrooms, 3 baths. The kitchen overlooks the Living area which boasts a brick fireplace with a hearth and mantle. The kitchen also has a pass-through to the extra-large Game Room overlooking the backyard! Huge storage closet and 3rd bath in the Game room area. Good-sized bedrooms. Master with En-suite bath. Foundation recently repaired - Garage doors replaced May 2022. Large backyard with mature shade trees.

Investor Tools

Property Icon
$352,000
Estimated Property Value
$125,000Estimated Mortgage Balance
$234,898Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,112 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,098
$266,025
2025
$85,000
$181,025
$266,025
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,098
$266,025

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Credit Line (Revolving) / Heloc
$125,000
No
First
Dec 6, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,102
$234,898
66%
33%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$750/mo
+$1,820/mo
8.8%

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.

Explore Texas Explore This Area
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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211 Watson Dr | Property Details | No Agent List