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$714,000

NAL Estimated Property Value

502 Toorpu Cir, Allen, TX, 75002

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3,071 sqft

Land Information

APNR-11734-00A-0010-1
Lot Number1
SubdivisionAshwood Creek Place (Cal)
Land UseResidential
Legal DescriptionASHWOOD CREEK PLACE (CAL), BLK A, LOT 1
Census Tract031511
Assessed Land Value$142,500
Assessment Year2025

About this property

If you have been searching for your next development project, then this is for you! Introducing this amazing investment opportunity in a prime location within the sought after Allen ISD school district that makes a perfect combination for a build site. This property offers a total of 5 lots zoned for townhomes that are ready to be developed with electrical & plumbing already completed on all 5 lots. With access to a wealth of shopping, dining & entertainment options, schools & parks nearby, minutes from Allen Premium Outlets & convenient proximity to Hwy 75, you couldn’t ask for a better location! Don't let this incredible opportunity pass you by! Multiple parcel IDs combines 5 lots for sale. Lots included are: 1A, 2A, 3A, 4A, 5A. The official addresses for each individual lot are: 502, 504, 506, 508 & 510 Toorpu Circle, Allen, TX 75002.

Investor Tools

Property Icon
$714,000
Estimated Property Value
$0Estimated Mortgage Balance
$714,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,246
$142,500
2025
$142,500
N/A
$142,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,246
$142,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$714,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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 Toorpu Cir | Property Details | No Agent List