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$435,000

NAL Estimated Property Value

651 N Watters Rd Apt 1101, Allen, TX, 75013

$498,208 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,884 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$254.25 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size10.77 acres

Building Information

Year Built2022
Stories1
Garage Spaces1

Land Information

APNR-11631-00A-1101-1
Lot Number1101
SubdivisionGatherings At Twin Creeks Condominiums
Land UseResidential
Legal DescriptionGATHERINGS AT TWIN CREEKS CONDOMINIUMS (CAL), BLDG A, UNIT 1101, .56 % CMN INT; * AMENDED * AMENDED
Census Tract031507
Assessed Land Value$21,117
Assessed Improvement Value$392,883
Assessment Year2025

About this property

Beautifully Upgraded First-Floor Condo with the most desirable Sherwood floor plan in Gatherings at Twin Creeks (55+ Active Adult Community) This lightly lived-in home blends comfort and style with an open-concept living, kitchen, and dining area ideal for entertaining or everyday living. The chef-inspired kitchen features gorgeous granite countertops, island, upgraded electric range and oven, microwave, dishwasher, and a custom pantry with slide-outs and tool rack. All closets throughout the home are custom, including a primary suite ELFA closet. The office includes a custom built desk, and the garage features a custom cabinetry and epoxy floors. Throughout the home, enjoy ceramic wood-look tile. Additional highlights include plantation shutters, a laundry room with sink and cabinetry, and a gated private patio with a concrete walkway. This condo also includes an oversized garage conveniently located next to the unit. Residents enjoy exceptional amenities including a pool, pickleball courts, putting green, fitness center, clubhouse, raised garden beds, valet trash, dog park, and water service through the HOA. With its premium upgrades, thoughtful design, and ideal location, this home is a rare find offering tremendous value.

Investor Tools

Property Icon
$435,000
Estimated Property Value
$0Estimated Mortgage Balance
$435,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$498,208
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,874 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
$504/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,996
$414,000
2025
$21,117
$392,883
$414,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,996
$414,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$435,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$504/mo
+$1,406/mo
5.3%

City: Allen

651 N Watters Rd Apt 1101 | Property Details | No Agent List