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$494,062

NAL Estimated Property Value

504 506 Cedar Elm Lane, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,521 Sq Ft
DuplexDuplex
price_per_sqft$178.5 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop
FlooringVinyl

Building Information

Year Built1978
Stories1

Land Information

APNR-1141-003-0030-1
Lot Number34
SubdivisionTimbercreek (Cal)
Land UseResidential
Legal DescriptionTIMBERCREEK (CAL), BLK C, LOT 3 4
Census Tract031511
Assessed Land Value$118,000
Assessed Improvement Value$376,062
Assessment Year2025

About this property

Well maintained duplex in the perfect East Allen location! Both units currently leased so limited showing times. Close to highly rated Allen schools and shopping and dining. Both are 2 bedroom 2 bath with a fireplace. Large kitchen with ample storage. Spacious family room with fireplace and wet bar. Covered parking in the rear. Cozy private backyard patio space. Contact agent for current lease information, amounts and duration. We are selling both units together. Great opportunity for a seasoned investor or personal residence and lease one side. Proven rental history and location!

Investor Tools

Property Icon
$494,062
Estimated Property Value
$69,058Estimated Mortgage Balance
$425,004Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,060/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,255
$494,062
2025
$118,000
$376,062
$494,062
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,255
$494,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Loan Corp
N/A
$111,600
N/A
First
Sep 26, 2000
Oct 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,058
$425,004
86%
14%
$1,045/mo

City: Allen

504 506 Cedar Elm Lane | Property Details | No Agent List