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$508,263

NAL Estimated Property Value

609 Quail Run Drive, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,461 Sq Ft
price_per_sqft$136.12 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater, Wine Cooler
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1516-006-0390-1
Lot Number39
SubdivisionCountry Meadow Phase One (Cal)
Land UseResidential
Legal DescriptionCOUNTRY MEADOW PHASE ONE (CAL), BLK F, LOT 39
Census Tract031504
Assessed Land Value$115,000
Assessed Improvement Value$393,263
Assessment Year2025

About this property

Highest & Best deadline-10pm Sunday, 2-23. Beautifully remodeled, including removing walls to create a more open flr plan! Light & bright, with high ceilings! The flr plan is also very flexible! A lovely rm off of the entry makes a great play room, study, or even formal dining. A 2nd large living area off of the family rm opens into the kitchen and breakfast and can be a formal dining, as current sellers are using it, or a 2nd living area-perfect for a pool or ping pong table! This rm also has a Butler's pantry, the perfect coffee or dry bar. A wine frig is built in to the cabinetry with more cabinets above. The MSTR bathrm showcases a garden tub, his & hers closets, and updated cabinetry.

Investor Tools

Property Icon
$508,263
Estimated Property Value
$289,663Estimated Mortgage Balance
$218,600Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,050 /month
Positive
Cash Flow Estimate:
$1,017 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,542
$508,263
2025
$115,000
$393,263
$508,263
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,542
$508,263

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexbank Ssb
Fha
$329,422
Yes
First
Mar 15, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,663
$218,600
43%
57%
$1,976/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,976/mo
+$1,374/mo
7.9%

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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609 Quail Run Drive | Property Details | No Agent List