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$359,000

626 E Ridge St, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.28 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR-1928-00D-0010-1
Lot Number1
SubdivisionCottonwood Bend No 6a (Cal)
Land UseResidential
Legal DescriptionCOTTONWOOD BEND NO 6A (CAL), BLK D, LOT 1
Census Tract031422
Assessed Land Value$137,500
Assessed Improvement Value$405,147
Assessment Year2025

About this property

Exceptional, hard-to-find original owner pool home nestled on a corner lot in Allen. Well-maintained MaryMark single story offers 2 spacious living areas, study, lrg mud room & flex space! The inviting living area & primary bdrm offer spectacular pool views. Beautifully updated kitchen with granite counters, ss appliances, gas range & ample prep space. Private 4th bdrm with en suite & WIC. Addl features include updated pool equip. 2011, Roof 2015, 1 HVAC unit replaced 2018, HWH 2019, re-plastered & tiled pool 2020. 1998 permitted addition includes new garage & converted garage to office & multi-purpose room. Escape to your very own slice of paradise & enjoy the tranquility this backyard and home provides!

Investor Tools

Property Icon
$542,647
Estimated Property Value
$350,000Estimated Mortgage Balance
$216,502Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,256 /month
Positive
Cash Flow Estimate:
$1,085 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,136
$542,647
2025
$137,500
$405,147
$542,647
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,136
$542,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$350,000
No
First
Sep 16, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,145
$216,502
39%
60%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,099/mo
+$1,251/mo
7.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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626 E Ridge St | Property Details | No Agent List