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$391,000

NAL Estimated Property Value

651 N Watters Road I 5407, Allen, TX, 75013

$419,103 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,884 Sq Ft
price_per_sqft$249.47 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Built-in Barbecue, Dog Run, Fire Pit, Rain Gutters, Lighting, Outdoor Grill, Storage, Other, Garden
Lot Size10.77 acres

Building Information

Year Built2021
Stories1
Garage Spaces1

Land Information

APNR-11631-00H-0105-1
Lot Number105
SubdivisionGatherings At Twin Creeks Condominiums
Land UseResidential
Legal DescriptionGATHERINGS AT TWIN CREEKS CONDOMINIUMS (CAL), BLDG H, UNIT 105, .449 % CMN INT; * (AMENDED) * (AMENDED)
Census Tract031507
Assessed Land Value$21,117
Assessed Improvement Value$350,181
Assessment Year2025

About this property

Experience sophisticated, lock-and-leave living in this luxurious 55+ community in Allen. Upon entering this gorgeous unit 5407 with open floor plan with two bedrooms with walk-in closets, and another room that can be used a guest room or office. The features of this home is plenty of natural light, custom plantation shutters throughout, fireplace in living room, engineered harwood floors throughout main area, designer doors, decorative lights and plenty of storage. The kitchen is a dream with beautiful granite countertops, stylish herringbone backsplash, walk-in pantry and large island to entertain guests. Primary bedroom suite offers additional space for sitting or study and includes a spacious walk-in closet. Primary bathroom includes walk-in shower, dual sinks, one large linen closet and one small closet. Utility room is spacious with sink area with granite countertop and plently of cabinets. Step into your balcony to view sunsets, has retractable screen door and small closet for storage. With this unit includes an extra-wide attached garage (a rare upgrade 25 x14) with a Epoxy flooring and directly across is an air-conditioned storage unit. Storage units are limited per building, making them exceptionally desirable. Unit is low-maintenance lifestyle in a peaceful setting, this secured-access community offers exceptional convenience to shopping, dining and easy access to highways. Resort-style amenities create a carefree environment, including a pool, fitness center, clubhouse with covered outdoor lounge, pickleball court, grilling stations, fire pit, putting green, lawn games, dog park, social community events, AT&T fiber-based services, EV charging, and valet trash service. Every building has a safety code entrance to main area, elevator and each building has it's unique elegant decor for the lobby area and game room ideal for gathering with nieghbors, family and friends. This top floor unit is one of KIND HOME with all the UPGRADES & ready to move-in.

Investor Tools

Property Icon
$391,000
Estimated Property Value
$0Estimated Mortgage Balance
$391,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$419,102
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$759/month
$681/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,148
$371,298
2025
$21,117
$350,181
$371,298
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,148
$371,298

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$391,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$681/mo
+$1,229/mo
5.9%

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.

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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 I 5407 | Property Details | No Agent List