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$2,023,000

NAL Estimated Property Value

621 Irene Lane, Fairview, TX, 75069

Off MarketInfo
Baths0 Bath
Baths4,106 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms Full 4Bathrooms Full 4

Exterior

Lot Size1.00 acres

Building Information

Year Built2019
Stories1

Land Information

APNR-10991-00C-0230-1
Lot Number23
SubdivisionChamberlain Place Phase 1 (Cfv)
Land UseResidential
Legal DescriptionCHAMBERLAIN PLACE PHASE 1 (CFV), BLK C, LOT 23
Census Tract031412
Assessed Land Value$450,450
Assessed Improvement Value$1,413,675
Assessment Year2025

About this property

Beautiful one acre custom home site in Fairview. The rural setting of Chamberlain Place provides a peaceful retreat from busy life and a perfect setting for your new dream home. Nearby Fairview Towne Center, Shops at Allen, The Premium Outlet Mall, Allen's new Stacy Green, and Old Town McKinney are filled with entertainment, dining, and shopping galore. This is the perfect combination of a tranquil natural setting with easy access to everything.

Investor Tools

Property Icon
$2,023,000
Estimated Property Value
$788,528Estimated Mortgage Balance
$1,234,472Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,138 /month
Positive
Cash Flow Estimate:
$4,046 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,543/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,405
$1,864,125
2025
$450,450
$1,413,675
$1,864,125
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,405
$1,864,125

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacytexas Bank
Building Or Construction Loan
$550,000
No
First
Aug 23, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$788,528
$1,234,472
61%
39%
$4,677/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$5,052/mo
$-2,480/mo
1.5%

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: Fairview

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621 Irene Lane | Property Details | No Agent List