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$303,485

NAL Estimated Property Value

702 Meadow Mead Drive, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,424 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.67 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-1134-012-0250-1
Lot Number25
SubdivisionHillside Village No 8 (Cal)
Land UseResidential
Legal DescriptionHILLSIDE VILLAGE NO 8 (CAL), BLK L, LOT 25
Census Tract031512
Assessed Land Value$95,000
Assessed Improvement Value$208,485
Assessment Year2025

About this property

Welcome to 702 Meadow Mead Drive in the heart of Allen, where comfort meets convenience in this charming, move-in ready home. Thoughtfully refreshed and beautifully maintained, this property offers a warm, welcoming feel from the moment you walk in. Inside, you’ll find a light-filled layout designed for everyday living and easy entertaining. The main living area features a cozy fireplace and flows seamlessly into the dining and kitchen spaces. Perfect for hosting or just enjoying a quiet night in. The kitchen offers ample cabinet storage, functional prep space, and an open view to the main living areas (because who doesn’t love staying connected while cooking?). The bedrooms are well-sized and versatile, ideal for guests, a home office, or whatever fits your lifestyle. The primary suite provides a comfortable retreat with its own private bath, creating a peaceful space to unwind at the end of the day. Step outside to a spacious backyard ready for weekend BBQs, playtime, or simply relaxing under the Texas sky. With room to personalize and make it your own. Located in an established neighborhood in Allen with convenient access to shopping, dining, and major roadways, this home offers both charm and practicality in one great package. Whether you’re a first-time buyer or looking for your next chapter, 702 Meadow Mead is ready to welcome you home. Let’s get those showings lined up!

Investor Tools

Property Icon
$303,485
Estimated Property Value
$112,670Estimated Mortgage Balance
$190,815Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,821 /month
Positive
Cash Flow Estimate:
$607 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,772
$303,485
2025
$95,000
$208,485
$303,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,772
$303,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rickie J Glenn Real Estate Ira
Seller Carryback / Seller Financing / Seller Take-Back
$145,000
No
First
Jan 11, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,670
$190,815
62%
37%
$870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$870/mo
+$1,700/mo
10.2%

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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702 Meadow Mead Drive | Property Details | No Agent List