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Days231Days on Market
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$1,200,000

548 E Bethany Dr, Allen, TX, 75002

On MarketInfo
CommercialInfo
Baths5,441 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1978

Highlights

Interior

FlooringVinyl

Exterior

Lot Size21,780 sqft

Building Information

Year Built1978
Stories1

Land Information

APNR-1195-001-0020-1
Lot Number2
SubdivisionBethany Park Addition (Cal)
Land UseCommercial
Legal DescriptionBETHANY PARK ADDITION (CAL), BLK A, LOT 2
Census Tract031511
Assessed Land Value$272,250
Assessed Improvement Value$1,812,351
Assessment Year2025

About this property

Turnkey updated Childcare building in Allen, TX. Includes all the FF&E. Building size is 5,441 sqft on about 0.5 acres of land. Completely renovated in 2023 with new interior and exterior paint, new flooring, new ceiling tiles, new lights, landscaping, turf and much more. 7 Classrooms with FF&E, Kitchen, Office and Playground area with equipment. Previous licensed capacity of 115.

Investor Tools

Property Icon
$2,084,601
Estimated Property Value
$640,000Estimated Mortgage Balance
$1,486,098Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,508 /month
Positive
Cash Flow Estimate:
$4,169 /month

Interested in this property?

Neal Agrawal

Crest Real Estate Advisors LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,052/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,203
$2,084,601
2025
$272,250
$1,812,351
$2,084,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,203
$2,084,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Purchase Money Mortgage
$640,000
No
First
Nov 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$598,503
$1,486,098
71%
29%
$3,838/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.

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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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548 E Bethany Dr | Property Details | No Agent List