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Owner Contacts

$455,000

651 N Watters Road 5406, Allen, TX, 75013

Off Market

3 Beds

2 Bath

2,063 Sq Ft

Condos / Townhouses

$220.55 / sqft

Built in 2020

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan

FlooringCarpet, Hardwood

Exterior

Exterior FeaturesBalcony

Lot Size10.77 acres

Building Information

Year Built2024

Stories1

Garage Spaces1

Land Information

APNR-11631-00D-4306-1

Lot Number4306

SubdivisionGatherings At Twin Creeks Condominiums

Land UseResidential Condominiums

Legal DescriptionGATHERINGS AT TWIN CREEKS CONDOMINIUMS (CAL), BLDG D, UNIT 4306, .622 % CMN INT; * AMENDED * AMENDED

Census Tract031507

Assessed Land Value$29,095

Assessed Improvement Value$410,905

Assessment Year2025

About this property

FANTASTIC OPPORTUNITY! PRICED TO SELL, SELLER SAYS BRING YOUR OFFERS! OVER 2000 SQ.FT - 3 BDRM, 2 BA, PLUS STUDY & GARAGE (WILTSHIRE FLOOR PLAN) LOCATED ON THE 4TH FLOOR (CORNER UNIT) AT THE GATHERINGS IN TWIN CREEKS OF ALLEN. LISTED AS BEST 55+ACTIVE COMMUNITY FOR 2022 ACCORDING TO LIVING MAGAZINE. Open liv with gleaming hardwood floors & high ceilings. Upgraded Kit Appliances including Refrig! Brick fireplace in the liv room. Enjoy the outdoors on your balcony by opening the sliding doors to the private terrace balcony with a view of the city & has an eastern front view. Split bedroom design with primary suite separated from 2 secondary bedrooms. Room off the liv rm makes an ideal STUDY, SEPARATE DINING, OR DEN. The unit has fantastic storage including WIC & WIP. WASHER & DRYER INCLUDED! Private garage is near the elevator. Amenities: Fitness Center, Community Pool, Pickle ball Courts, & lots of activities during the week! Secured Building & multiple lounge areas on 1st floor.

Investor Tools

$472,000

Estimated Property Value

$0Estimated Mortgage Balance

$472,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,832 /month

Positive

Cash Flow Estimate:

$944 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$197/month

$398/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$440,000

2025

$29,095

$410,905

$440,000

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$440,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$472,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,910/mo

$398/mo

+$1,512/mo

4.9%

Learn About the Market: Opportunity in Texas

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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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