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$679,000

408 San Mateo Dr, Allen, TX, 75013

On MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,273 Sq Ft
price_per_sqft$207.45 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3252-00G-0130-1
Lot Number13
SubdivisionWatters Crossing Iii (Cal)
Land UseResidential
Legal DescriptionWATTERS CROSSING III (CAL), BLK G, LOT 13
Census Tract031510
Assessed Land Value$176,000
Assessed Improvement Value$499,705
Assessment Year2025

About this property

Welcome to this 6-bedroom, 4 bath quality-built Drees Custom Home with a relaxing pool & spa on your private greenbelt-creek lot & includes all the great amenities that Watters Crossing has to offer plus the highly acclaimed Allen ISD!  Upon entry you're greeted with wood floors throughout both formals, a large family room with gas fireplace open to the updated & spacious kitchen, SS appliances, extensive quartz countertops, large island with seating - perfect for entertaining and all with views of the backyard oasis!  You'll love this amazing floorplan with the Primary suite down featuring an additional 10x11 room within it that makes for a perfect office, nursery, or exercise room flex space! Bath features completely separate vanities & walk-in-closets, jetted tub, sep shower & linen closet.  An additional guest room is down with an adjacent full bath.  Upstairs features four bedrooms with jack & jill bath plus another full bath & a large game room with a huge 16x7 bonus closet for all your storage needs! Outdoor living is a dream with the private backyard & beautiful pool & spa, surrounded by extensive landscaping with sprinklers for ease of maintenance.  The oversized garage can't be missed as it is perfect for all your needs & hobbies too!  Check out all the great amenities that Watters Crossing has - Clubhouse, community pool, bike trails, fishing ponds, playgrounds, basketball, tennis, pickleball, sand volleyball & a vibrant community atmosphere, all with easy access to 75, 121, nearby Watters Creek for fun shopping, dining, family & music events & MORE! All this with an attractive price, this is a MUST SEE!

Investor Tools

$298,513Estimated Mortgage Balance
$395,321Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

Interested in this property?

Laura Morris

Ebby Halliday, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,068/month
$995/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,357
$675,705
2025
$176,000
$499,705
$675,705
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,357
$675,705

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$336,000
No
First
Jul 10, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,513
$377,192
55%
43%
$2,015/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.

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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408 San Mateo Dr | Property Details | No Agent List