1view

Owner Contacts

$419,000

NAL Estimated Property Value

651 N Watters Road 5407, Allen, TX, 75013

Off Market

2 Beds

2 Bath

1,884 Sq Ft

Condos / Townhouses

$248.94 / sqft

Built in 2020

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size10.77 acres

Building Information

Year Built2020

Stories1

Garage Spaces1

Land Information

APNR-11631-00I-0107-1

Lot Number107

SubdivisionGatherings At Twin Creeks Condominiums

Land UseResidential

Legal DescriptionGATHERINGS AT TWIN CREEKS CONDOMINIUMS (CAL), BLDG I, UNIT 107, .56 % CMN INT; * (AMENDED) * (AMENDED)

Census Tract031507

Assessed Land Value$26,279

Assessed Improvement Value$383,721

Assessment Year2025

About this property

Immaculate 55+ condo at The Gatherings in Twin Creeks! Gorgeous home featuring 2 large bedrooms w walk-in closets, and a home office, custom plantation shutters throughout, fireplace, engineered hardwood floors, 'designer doors', & TONS of storage - including a separate 5x6 storage room! Kitchen is a dream, w stylish herringbone backsplash, granite counter, large island, task lighting, & large walk-in pantry. Utility room is complete w tons of cabinetry, granite counters, & sink! Step onto your private balcony w an outdoor storage closet & retractable screen door! The oversized 1-car garage features epoxy flooring, keyless entry, & is located right next to the storage room & just underneath the condo unit! Plus additional parking! Amenities include pool, fitness center, clubhouse, pickleball courts, community events & so much more! Great location just across from the community gardens & mailboxes! WASHER, DRYER, REFRIGERATOR, and GARAGE SHELVING INCLUDED!

Investor Tools

$419,000

Estimated Property Value

$0Estimated Mortgage Balance

$419,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,814 /month

Positive

Cash Flow Estimate:

$938 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$639/month

$372/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,571

$410,000

2025

$26,279

$383,721

$410,000

Tax History

Year

Tax Paid

Assessed Value

2024

$5,571

$410,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$419,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,910/mo

$372/mo

+$1,538/mo

5.5%

Learn About the Market: Opportunity in Texas

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 This Area