Last 24 Hours
$2,289,000
NAL Estimated Property Value505 Lakeway, Allen, TX, 75013
Off Market
5 Beds
6 Bath
7,611 Sq FtHighlights
Interior
Bedrooms 5
Bathrooms Full 5.5Exterior
Lot Size35,284 sqft
Building Information
Year Built2023
Stories2
Land Information
APNR-10931-00J-0180-1
Lot Number18
SubdivisionEstates Of Twin Creeks Phase Ii (Cal)
Land UseResidential
Legal DescriptionESTATES OF TWIN CREEKS PHASE II (CAL), BLK J, LOT 18
Census Tract031416
Assessed Land Value$650,000
Assessed Improvement Value$1,344,441
Assessment Year2025
About this property
Premier luxury lot in the highly sought-after gated community of Wimberley Place in Twin Creeks. The topography of Wimberley Place brings an amazing opportunity to design and build a beautiful one of a kind home with all that you can imagine. Select your own builder. Community amenities include golf, tennis, swimming, and hike and bike trails. Coupled with Allen ISD and close proximity to shopping, entertainment, and major highways makes this location irresistible.
Investor Tools
$2,289,000
Estimated Property Value
$2,555,768Estimated Mortgage Balance
$2,289,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,734 /month
Positive
Cash Flow Estimate:
$4,578 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,341/month
$1,417/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,643
$1,994,441
2025
$650,000
$1,344,441
$1,994,441
No
Tax History
Year
Tax Paid
Assessed Value
2024
$16,643
$1,994,441
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Valliance Bank
Building Or Construction Loan
$2,704,552
No
First
May 26, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,555,768
N/A
0%
112%
$16,216/mo
12.4%