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$290,000

538 Ridgemont Dr, Allen, TX, 75002

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.24 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListMust-SellDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Tile, Vinyl

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-1151-021-0020-1
Lot Number2
SubdivisionWindridge No 2 (Cal)
Land UseResidential
Legal DescriptionWINDRIDGE NO 2 (CAL), BLK 21, LOT 2
Census Tract031511
Assessed Land Value$100,000
Assessed Improvement Value$190,000
Assessment Year2025

About this property

Tucked into a friendly Allen neighborhood, 538 Ridgemont Dr offers 3 bedrooms, 2 bathrooms, and a price point that rewards smart buyers and investors alike. This new listing is ready to grow with you—whether you're moving in, customizing, or building a rental portfolio in one of Collin County's most sought-after cities. The interior centers around a spacious living area that flows openly into the kitchen, making conversation and entertaining effortless. A woodburning fireplace brings warmth to cooler evenings, while low-maintenance flooring keeps daily upkeep refreshingly simple. The primary bedroom enjoys its own ensuite bath, offering a private corner to retreat after a long day. With solid bones and approachable updates ahead, this home invites your personal vision and renovation ideas. Out back, a covered deck overlooks the yard—an ideal spot for weekend grilling, morning coffee, or quiet relaxation under the Texas sky. Location seals the deal. Stroll to Collin Square Greenbelt and Cottonwood Bend Park, or explore the trails at nearby Oak Point Park and Nature Preserve. Watters Creek Village places upscale shopping and fine dining minutes from your door, while quick access to 75 Central and Springcreek Parkway streamlines every commute. For investors, the combination of strong rental demand, an unbeatable address, and value pricing makes this an opportunity worth acting on. For homeowners, it's a chance to plant roots in a vibrant community. Garage is 22 ft. 10 inches X 15 ft. 6 inches 1.5 car garage. Don't let this one slip away—schedule your private showing of 538 Ridgemont Dr today. NOT FOR RENT, NO SELLER FINANCING

Investor Tools

Property Icon
$295,000
Estimated Property Value
$0Estimated Mortgage Balance
$295,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Deborah Mabry

WM Realty Tx LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,589
$290,000
2025
$100,000
$190,000
$290,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,589
$290,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$295,000
100%
0%
$0/mo

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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538 Ridgemont Dr | Property Details | No Agent List