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$469,000

$2,150

520 Colgate Dr, Allen, TX, 75013

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,185 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.65 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3529-00B-0200-1
Lot Number20
SubdivisionSuncreek I Tract 3 (Cal)
Land UseResidential
Legal DescriptionSUNCREEK I TRACT 3 (CAL), BLK B, LOT 20
Census Tract031510
Assessed Land Value$130,000
Assessed Improvement Value$347,448
Assessment Year2025

About this property

Welcome to this beautifully maintained single-story home in Allen’s established Suncreek neighborhood. Offering convenient access to top-rated schools, Hwy 121, and US-75, this location combines suburban comfort with an easy commute. Enjoy key capital updates already completed, including a water heater replaced in 2025, roof replaced in 2024, and a newer AC system still under warranty. Inside, the light-filled floor plan features a blend of hard-surface wood flooring, tile, and carpeting. Just off the entry, double French doors open to a flexible front room ideal for a home office or study, which connects to the formal living and dining areas. At the heart of the home, the bright kitchen showcases white cabinetry, stainless steel appliances, a center island with granite countertops, and a raised breakfast bar for casual dining. It opens directly to the main family room, centered around a fireplace and framed by large windows overlooking the backyard. The primary suite includes an en suite bathroom with dual sinks, a garden tub, separate shower, and walk-in closet. Two secondary bedrooms share a full hallway bath. Outdoor recreation is just steps away at Suncreek Park, with convenient access to the Rowlett Creek Trail system and the unpaved nature paths at Trail at the Woods. Located minutes from Watters Creek and surrounding shopping, dining, and entertainment!

Investor Tools

$0Estimated Mortgage Balance
$477,448Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,865 /month
Positive
Cash Flow Estimate:
$955 /month

Interested in this property?

Ryan Cave

Keller Williams Realty Allen

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,300
$477,448
2025
$130,000
$347,448
$477,448
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,300
$477,448

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$503,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,410/mo
$500/mo
+$1,910/mo
6.1%

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.

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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520 Colgate Dr | Property Details | No Agent List