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$721,000

514 Irvine Drive, Allen, TX, 75013

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,594 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.77 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1995
Stories2
Garage Spaces2

Land Information

APNR-3029-00M-0160-1
Lot Number16
SubdivisionWatters Crossing Ii (Cal)
Land UseResidential
Legal DescriptionWATTERS CROSSING II (CAL), BLK M, LOT 16
Census Tract031510
Assessed Land Value$184,000
Assessed Improvement Value$536,583
Assessment Year2025

About this property

MULTIPLE OFFERS! PLEASE SEND FINAL & BEST BY NOON AUGUST 16, 2021! OUTSTANDING 5 BDRM, 3.5 Bath W 3-CAR GARAGE & POOL & SPA on OVERSIZED LOT in Beautiful WATTERS CROSSING! ISL KT has Recessed Lighting, GRANITE + TUMBLED MARBLE Backsplash, Dishwasher, STOVE + MICRO & BUILT-IN DESK! BK Room. Spacious Den has WBFP W Gas Logs & VIEW to POOL & BACK YARD! Gorgeous CEDAR COVERED BACK PATIO. NEW CEDAR BOB FENCE W STEEL! New ROOF - 2021. 75 Gallon WATER HEATER - 2020. DOWN MASTER BUITE has Bath W whirlpool tub + shower + dual sinks + WIC! 4 BDRM's UP Share 2 Full Bathrooms! New Carpet and Upstairs Flooring - 2021! Large GMRM Upstairs! Utility Room Down has room for Refrigerator. LR + DR DOWN.

Investor Tools

Property Icon
$721,000
Estimated Property Value
$0Estimated Mortgage Balance
$261,627Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,326 /month
Positive
Cash Flow Estimate:
$1,442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,360/month
$760/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,718
$720,583
2025
$184,000
$536,583
$720,583
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,718
$720,583

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$504,000
No
First
Sep 15, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,373
$261,627
36%
64%
$3,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$3,782/mo
$-642/mo
5.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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514 Irvine Drive | Property Details | No Agent List