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$450,000

651 N Watters Rd Apt 1204, Allen, TX, 75013

$477,189 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,709 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$263.31 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size10.77 acres

Building Information

Year Built2022
Stories1
Garage Spaces1

Land Information

APNR-11631-00A-1204-1
Lot Number1204
SubdivisionGatherings At Twin Creeks Condominiums
Land UseResidential
Legal DescriptionGATHERINGS AT TWIN CREEKS CONDOMINIUMS (CAL), BLDG A, UNIT 1204, .484 % CMN INT; * AMENDED * AMENDED
Census Tract031507
Assessed Land Value$22,525
Assessed Improvement Value$365,700
Assessment Year2025

About this property

Step inside to refined finishes that make this home feel anything but ordinary. Custom lighting throughout, easy-care engineered wood flooring & ceiling-height cabinetry with gold pulls create a polished, modern look. At the heart of the home, a massive counter-height island topped with quartz offers plenty of room for morning coffee, casual meals or gathering with friends, while thoughtful details like pot-n-pan drawers & stylish upgraded stainless appliances add function without sacrificing style. The entertainer-friendly floor plan flows effortlessly from dining to living & out to the balcony, giving you space to host or simply relax. A beautifully finished fireplace, framed with custom woodwork & herringbone tile, anchors the living area with warmth & character. The primary suite feels like a true retreat, enhanced by built-ins, Plantation shutters & an elegant accent wall. The ensuite continues the elevated feel with dual sinks & an upgraded sliding shower door. A split secondary bedroom, also outfitted with Plantation shutters, is light, bright & perfectly positioned for private guest space, a home office or hobby room. Even the view adds to the experience—the entire unit overlooks the community garden, where fresh herbs & greenery create a peaceful backdrop. Knowing convenience matters, this home includes a one-car garage with direct building access, providing valuable storage plus protection from the weather for both you & your vehicle. Speaking of protection, the condo has a built in safe to store valuables! Beyond your front door, the community makes it easy to stay as active—or relaxed—as you choose. Meet neighbors in the building lobby, host a game night in the card room, take advantage of the monthly activity calendar, stay moving in the fitness center, lounge beside the pool or gather with friends in the social room. Low-maintenance living, beautiful surroundings & built-in opportunities to connect—this is 55+ living with style.

Investor Tools

$0Estimated Mortgage Balance
$402,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$477,188
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Jennifer Vokolek

RE/MAX DFW Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
$620/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,120
$388,225
2025
$22,525
$365,700
$388,225
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,120
$388,225

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$402,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$620/mo
+$1,290/mo
5.7%

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.

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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651 N Watters Rd Apt 1204 | Property Details | No Agent List