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$350,217

NAL Estimated Property Value

609 Regency Drive, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,783 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$140.21 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3911-00C-0060-1
Lot Number6
SubdivisionPark Place Townhomes (Cal)
Land UseResidential
Legal DescriptionPARK PLACE TOWNHOMES (CAL), BLK C, LOT 6
Census Tract031512
Assessed Land Value$80,000
Assessed Improvement Value$270,217
Assessment Year2025

About this property

Delightful Park Place townhome in Allen located minutes from Watters Creek & Allen Premium Outlets, with easy access to I-75! Standout features of this home include brand new carpet (Aug. 2020), LVP throughout 1st story, fresh neutral paint in all bathrooms, updated kitchen with granite counters & oversized closets in all bedrooms! First story enjoys an open layout with the kitchen overlooking the dining and living rooms, a half bath down, and easy access to the covered patio. Second story features the large primary bedroom suite with dual sinks, a garden tub, separate oversized shower & a massive walk-in closet; two additional bedrooms share a sizable full bathroom with built-in cabinets & granite countertop!

Investor Tools

Property Icon
$350,217
Estimated Property Value
$141,261Estimated Mortgage Balance
$208,956Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,101 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$625/month
$215/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,752
$350,217
2025
$80,000
$270,217
$350,217
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,752
$350,217

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Conventional
$150,000
No
First
Mar 9, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,261
$208,956
59%
40%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,115/mo
+$1,455/mo
8.8%

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 Regency Drive | Property Details | No Agent List