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Owner Contacts

$382,000

NAL Estimated Property Value

601 Willow Oak Drive, Allen, TX, 75002

Off Market

3 Beds

3 Bath

1,862 Sq Ft

Single Family Residence

$220.19 / sqft

Built in 1987

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Water Heater, Microwave, Washer

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1987

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR-2135-00C-0740-1

Lot Number74

SubdivisionCottonwood Bend North Phase I (Cal)

Land UseResidential

Legal DescriptionCOTTONWOOD BEND NORTH PHASE I (CAL), BLK C, LOT 74

Census Tract031424

Assessed Land Value$148,500

Assessed Improvement Value$231,980

Assessment Year2025

About this property

From the moment you walk into this Newly Updated and Charming home, you will Fall in LOVE! Both Gorgeous and Immaculate, this 3BR, 3Bath home features a BONUS room Up and the Master is Down! The Spacious Living has Vaulted Ceilings, Gas Fireplace and Stunning Windows! The Kitchen has NEW SS appliances, island and LOADS of storage! Master suite is down; the Master Bath has a NEW frameless shower! All 3 Bathrooms have NEW Quartz counters, NEW Faucets and NEW Lighting! Upstairs you will find 2 additional bedrooms, a full bath and the BONUS room! You'll love the wood laminate floors, neutral colors and lots of natural light this home has to offer. The Dining Room is framed with Beautifully Detailed Wood Casings. You won’t want to miss the amazing backyard with extended covered patio! Both peaceful and serene, the perfect place to enjoy time with family and friends! Being located in the coveted Allen ISD and Close to retail, restaurants and major highways, this home has it all!

Investor Tools

$382,000

Estimated Property Value

$380,387Estimated Mortgage Balance

$1,613Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,460 /month

Positive

Cash Flow Estimate:

$820 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$595/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,233

$380,480

2025

$148,500

$231,980

$380,480

Tax History

Year

Tax Paid

Assessed Value

2024

$5,233

$380,480

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Great Western Financial Services Inc

Fha

$407,483

Yes

First

Oct 13, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$380,387

$1,613

100%

$2,444/mo

Learn About the Market: Opportunity in Texas

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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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