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$540,000

225 Sunridge Way, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,872 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.02 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood, FSC or SFI Certified Source Hardwood

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4385-00O-0230-1
Lot Number23
SubdivisionMorningside Addition Phase 6 (Cal)
Land UseResidential
Legal DescriptionMORNINGSIDE ADDITION PHASE 6 (CAL), BLK O, LOT 23
Census Tract031504
Assessed Land Value$132,000
Assessed Improvement Value$413,821
Assessment Year2025

About this property

Prime oversized cul-de-sac pie lot in the highly-desirable Morningside subdivision of Allen. 225 Sunridge Way offers a 70+ foot driveway PLUS a 3-car garage. Instantly quadruple your parking space! Spacious back yard with plenty of room for pets & play. Gorgeous BOB privacy fence. Roof just replaced. Recent updates include flooring, interior & exterior paint. Fabulous floorplan conducive for NextGen goals with primary suite & secondary bedroom plus full bath on 1st floor. Two additional bedrooms, shared bath & large game room up. Stacked formals grace the entry. Kitchen opens to gathering room with wonderful views to back yard. Gas logs fireplace, arched windows & crown molding features enhance living space. Rich in community amenities, including neighborhood pool, plus playground, ponds, trails, pavillion, splash-pad sprayground, baseball & soccer fields, basketball & tennis-pickleball courts, & wide open spaces (Celebration Park).

Investor Tools

Property Icon
$545,821
Estimated Property Value
$285,000Estimated Mortgage Balance
$264,989Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,275 /month
Positive
Cash Flow Estimate:
$1,092 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$905/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,126
$545,821
2025
$132,000
$413,821
$545,821
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,126
$545,821

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Optimum First Inc
Conventional
$285,000
No
First
Jul 25, 2025
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,832
$264,989
48%
51%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,809/mo
+$1,541/mo
7.4%

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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225 Sunridge Way | Property Details | No Agent List