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$637,000

NAL Estimated Property Value

502 Potomac Lane, Allen, TX, 75013

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,247 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.73 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3320-00G-0040-1
Lot Number4
SubdivisionBeacon Hill Phase 1 (Cal)
Land UseResidential
Legal DescriptionBEACON HILL PHASE 1 (CAL), BLK G, LOT 4
Census Tract031415
Assessed Land Value$149,625
Assessed Improvement Value$440,581
Assessment Year2025

About this property

GORGEOUS! FRESH Paint & UPDATED! FABULOUS 4 BR w 3 living areas & FLEX ROOM-office-can be 5th BR- home in the heart of Allen-Beacon Hill! Soaring ceilings, beautiful entry, stacked formals, updated engineered wood floors, master suite with spa like oversize frame less glass shower down stairs. 5th BR down-perfect flex room for private office. SO much storage and counter top space! Fantastic kitchen with large island, SS appliances & granite counter tops. Custom landscaping creates beautiful curb appeal on this corner lot. Large backyard with plenty of room to play or entertain. Nice game room upstairs makes a great hangout space. NEW ROOF NOV 2018! Sought after award winning AISD schools. DONT MISS THIS ONE!

Investor Tools

Property Icon
$637,000
Estimated Property Value
$540,482Estimated Mortgage Balance
$96,518Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,822 /month
Positive
Cash Flow Estimate:
$1,274 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$958/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,308
$590,206
2025
$149,625
$440,581
$590,206
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,308
$590,206

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Conventional
$304,800
No
First
Jul 10, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$540,482
$96,518
15%
85%
$3,656/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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502 Potomac Lane | Property Details | No Agent List