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$558,349

NAL Estimated Property Value

506 Medina Ln, Allen, TX, 75013

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,620 Sq Ft
price_per_sqft$209.92 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3320-00I-0030-1
Lot Number3
SubdivisionBeacon Hill Phase 1 (Cal)
Land UseResidential
Legal DescriptionBEACON HILL PHASE 1 (CAL), BLK I, LOT 3
Census Tract031415
Assessed Land Value$150,000
Assessed Improvement Value$408,349
Assessment Year2025

About this property

Beautiful home in Allen ISD! Gorgeous house, featuring tall ceilings, hardwood floors, a front porch, tons of updates throughout, a fireplace, built-ins, fabulous tile accents, and stylish light fixtures! Great floor plan, including a formal dining room, home office, upstairs game room, 4 large bedrooms, 2 full baths plus a powder room! The kitchen is an entertainer's dream! With granite countertops, an island, breakfast bar, stainless steel appliances, and gas stove! Enjoy your morning coffee on the charming front porch or spacious back patio, over looking the mature trees and beautiful landscaping! Back yard also features storage shed! Nestled in a quiet neighborhood, right across from the community pool, 3 playgrounds, pavilion, and elementary school! Plus just minutes away from all the dining, shopping, & entertainment this area has to offer - prime location!!

Investor Tools

Property Icon
$558,349
Estimated Property Value
$367,757Estimated Mortgage Balance
$190,592Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,350 /month
Positive
Cash Flow Estimate:
$1,117 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$923/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,280
$558,349
2025
$150,000
$408,349
$558,349
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,280
$558,349

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$388,500
No
First
Jun 28, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$367,757
$190,592
34%
66%
$2,330/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$2,780/mo
+$360/mo
6.7%

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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506 Medina Ln | Property Details | No Agent List