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Owner Contacts

$436,000

507 Creekside Ln, Allen, TX, 75002

Off Market

3 Beds

2 Bath

1,761 Sq Ft

Single Family Residence

$247.59 / sqft

Built in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Range, Microwave, Vented Exhaust Fan, Other

FlooringCeramic Tile, Hardwood, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1985

Stories1

Garage Spaces2

Land Information

APNR-1516-002-0120-1

Lot Number12

SubdivisionCountry Meadow Phase One (Cal)

Land UseResidential

Legal DescriptionCOUNTRY MEADOW PHASE ONE (CAL), BLK B, LOT 12

Census Tract031504

Assessed Land Value$115,000

Assessed Improvement Value$311,008

Assessment Year2025

About this property

Fabulous Home in Highly Desirable Allen ISD! Country Meadow Charmer has Designer Touches Throughout. Wood Floors in Bedrooms & Living Areas. Custom Tile Floors in Wet Areas. The Kitchen has a Full-size Gas Range AND Built-in Wall Oven! Great Counter Space with a Counter-height Bar & an Eating Nook. A Roomy Dining Room for entertaining right off the kitchen. The Living Area has a Gorgeous Fireplace & is wired for a Wall-mounted TV. The Spacious Primary Bedroom has Private Access to the Pool & Patio. The Ensuite boasts a Separate Shower & Luxurious Spa Tub. The TV mounted above the tub conveys. The Secondary Bedrooms have Walk-in Closets. Covered Outdoor Living area with Skylight & 2 New Ceiling Fans updated in Dec to keep you cool in the Texas summer. Enjoy the Beautiful Pool with a Waterfall feature & attached Spa. The home is walking distance to both Country Meadow Park & Celebration Park! You'll be calling everyone to tell them about YOUR NEW HOME!

Investor Tools

$426,008

Estimated Property Value

$422,211Estimated Mortgage Balance

$29,780Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,616 /month

Positive

Cash Flow Estimate:

$872 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$844/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,994

$426,008

2025

$115,000

$311,008

$426,008

Tax History

Year

Tax Paid

Assessed Value

2024

$7,994

$426,008

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Fha

$422,211

Yes

First

Jan 31, 2023

Feb 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$396,228

$29,780

93%

$2,532/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,570/mo

$2,532/mo

+$38/mo

7.2%

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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