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B+
NoAgentList RatingHow are grades calculated? Info

$309,300

550 Hightrail Dr, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,259 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.32 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-1150-004-0120-1
Lot Number12
SubdivisionWindridge No 1 (Cal)
Land UseResidential
Legal DescriptionWINDRIDGE NO 1 (CAL), BLK 4, LOT 12
Census Tract031511
Assessed Land Value$100,000
Assessed Improvement Value$209,300
Assessment Year2025

About this property

Here's your chance to own a home in Allen ISD for under $200K! Home priced under market for fast sale! Many of the updates have already been done! Roof replaced 1-20! Total Kitchen update approximately 4 yrs ago with granite counters, updated appliances, ceramic tile floors and cabinets! Both bathrooms have updated tile, fixtures and vanities and retiled showers! Freshly painted in the last few years inside and out! Fence is only a few years old as well! Seller will not respond to offers until Sunday 1-19-20.

Investor Tools

Property Icon
$309,300
Estimated Property Value
$169,200Estimated Mortgage Balance
$160,833Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,856 /month
Positive
Cash Flow Estimate:
$619 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,524
$309,300
2025
$100,000
$209,300
$309,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,524
$309,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$169,200
No
First
Feb 18, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,467
$160,833
51%
48%
$1,015/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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550 Hightrail Dr | Property Details | No Agent List