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$367,681

NAL Estimated Property Value

311 S Alder Dr, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,422 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$272.15 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringBrick, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1778-021-0090-1
Lot Number9
SubdivisionGreengate Addition Section Three (Cal)
Land UseResidential
Legal DescriptionGREENGATE ADDITION SECTION THREE (CAL), BLK 21, LOT 9
Census Tract031425
Assessed Land Value$104,500
Assessed Improvement Value$263,181
Assessment Year2025

About this property

Recently remodeled Chic and Beautifully designed 3-Bed, 2-Bath, 2 C.Garage home has all the space you need to create your perfect Home-Sweet-Home! Exceptionally functional floorplan with freshly painted crisp white walls and ceilings, lovely kitchen featuring brick floors, beautiful granite counters, white cabinets, SS & Black Appliances, overlooking the Covered Patio and Texas-sized Backyard. Great space in the primary bedroom with large walk-in closet, both baths have been tastefully updated w Stylish Vanities and Fixtures, LVP throughout, 2 in. Blinds, Ceiling Fans, Light Fixtures, all Interior Doors replaced, All major Mechanical Systems and Appliances have been updated along, wi-fi enable control HVAC, W. Heater, & Sprinkler System installed. Home is Beautifully framed by a mature oak tree and perfectly positioned on corner lot, offering added privacy. Ideally, located just a jaunt from several parks and walking trails, within walking distance of the highly rated Story Elementary.

Investor Tools

Property Icon
$367,681
Estimated Property Value
$337,939Estimated Mortgage Balance
$29,742Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,180
$367,681
2025
$104,500
$263,181
$367,681
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,180
$367,681

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mason Mcduffie Mortgage Corp
Conventional
$348,300
No
First
Sep 19, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,939
$29,742
8%
92%
$2,089/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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311 S Alder Dr | Property Details | No Agent List