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$439,000

651 N Watters Road 7204, Allen, TX, 75013

$451,931 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,709 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$256.88 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Gas Water Heater, Microwave, Vented Exhaust Fan

Exterior

Lot Size10.77 acres

Building Information

Year Built2020
Stories1
Garage Spaces1

Land Information

APNR-11631-00I-0400-1
Lot Number400
SubdivisionGatherings At Twin Creeks Condominiums
Land UseResidential
Legal DescriptionGATHERINGS AT TWIN CREEKS CONDOMINIUMS (CAL), BLDG I, UNIT 400, .622 % CMN INT; * (AMENDED) * (AMENDED)
Census Tract031507
Assessed Land Value$29,095
Assessed Improvement Value$445,292
Assessment Year2025

About this property

BEAZER MODEL HOME! 2-bedroom, 2-bath condo in a vibrant 55+ active adult community in Allen, built by Beazer Homes. Perfect for buyers seeking downsizing opportunities, retirement living, or luxury active adult living in a vibrant and connected community. This BUILDER model residence showcases an impressive collection of builder upgrades, offering elevated finishes, designer touches, and a thoughtfully crafted open-concept layout that stands out from the rest. From the moment you enter, you are greeted by a warm and inviting atmosphere filled with natural light. Upgraded flooring, modern fixtures, and refined details enhance every space, creating a comfortable and stylish environment. The spacious living, dining, and kitchen areas flow seamlessly together, ideal for both everyday living and hosting guests. The kitchen is designed to impress, featuring sleek finishes, ample cabinetry, and a layout that blends functionality with contemporary appeal. The private primary suite offers a peaceful retreat, complemented by a well-appointed ensuite bath. A second bedroom and full bath provide flexibility for guests, hobbies, or a home office. Every detail reflects quality craftsmanship and intentional design, creating a comfortable, functional layout in a peaceful and inviting setting. This home also includes a 1-car garage plus covered parking, adding convenience and flexibility. Residents enjoy access to exceptional community amenities, including a pool, fitness center, pickleball court, grilling stations, putting green, and a picnic area with a fire feature perfect for relaxation and social connection. Perfectly positioned with access to US-75, Sam Rayburn & President George Bush Turnpike. Enjoy close proximity to Allen’s premier shopping, dining, and entertainment destinations. This rare opportunity to own a fully upgraded builder’s model combines modern elegance with a low-maintenance lifestyle. Seller is willing to leave furniture if needed.

Investor Tools

Property Icon
$476,000
Estimated Property Value
$0Estimated Mortgage Balance
$248,179Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$451,930
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,856 /month
Positive
Cash Flow Estimate:
$952 /month

Interested in this property?

Cristina Rosenthal

Redfin Corporation

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,218
$474,387
2025
$29,095
$445,292
$474,387
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,218
$474,387

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$251,394
No
First
Jun 10, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,821
$248,179
52%
48%
$1,508/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,108/mo
$-198/mo
4.8%

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 Road 7204 | Property Details | No Agent List