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$334,708

313 Watson Dr, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,509 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.63 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1116-005-0070-1
Lot Number7
SubdivisionAllenwood Estates #2 (Cal)
Land UseResidential
Legal DescriptionALLENWOOD ESTATES #2 (CAL), BLK 5, LOT 7
Census Tract031511
Assessed Land Value$85,000
Assessed Improvement Value$249,708
Assessment Year2025

About this property

MULTIPLE OFFERS HIGHEST & BEST DUE BY 12-7-23 AT 5:00 PM. Beautiful Home in unique neighborhood with large lots and just one minute from downtown area. Large mature trees welcome you home. Extended curved driveway allows for extra parking for guests or boat. Enter to laminate flooring throughout the living areas and bedrooms. No Carpet! Kitchen boasts original wood cabinets for storage, white porcelain sink and stainless steel appliances. Dining room is directly across from kitchen for easy serving of meals. Large living room with brick gas fireplace as focal point. Perfect for a cozy evening at home on cold nights. Primary bedroom has walk in closet and en-suite bath with double vanities, soaker tub and large separate shower with beautiful decorative surround. Huge covered back patio perfect for bar-b-q's with the family. Seed has been laid in backyard for new grass in Spring. Shed or workshop in backyard with electric and HVAC would make the perfect she-shed or man-cave.

Investor Tools

Property Icon
$334,708
Estimated Property Value
$275,000Estimated Mortgage Balance
$71,751Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$650/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,129
$334,708
2025
$85,000
$249,708
$334,708
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,129
$334,708

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bullseye Capital Llc
Commercial
$275,000
No
First
Dec 21, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,957
$71,751
21%
79%
$1,649/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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313 Watson Dr | Property Details | No Agent List