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$606,615

NAL Estimated Property Value

706 Cottonwood Bend Drive, Allen, TX, 75002

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,254 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.32 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood, Marble

Exterior

Exterior FeaturesRain Gutters, Private Yard, Other

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2136-00D-0570-1
Lot Number57
SubdivisionCottonwood Bend North Phase Ii (Cal)
Land UseResidential
Legal DescriptionCOTTONWOOD BEND NORTH PHASE II (CAL), BLK D, LOT 57
Census Tract031424
Assessed Land Value$150,000
Assessed Improvement Value$456,615
Assessment Year2025

About this property

This meticulously maintained GEM is nestled in a quiet neighborhood with manicured landscaping & pristine curb appeal. Mahogany doors enter to grand foyer with beautiful staircase. Formal dining & living room with casing & crown molding. Oversized kitchen with double ovens, 2 stoves (9 total burners) & wine storage for 200+ bottles! Finishing the 1st floor is a bright & open living room with fireplace, full bathroom & laundry chute! The expansive master suite has a great sitting area, 2 walk in closets & a wonderfully updated bathroom featuring a towel warmer, marble floors, frameless shower & a deep soaker tub! 3 additional graciously sized bedrooms, 2 completely remodeled bathrooms & a fully equipped oversized media room upstairs. Within the last 4 to 5 years 2 new furnaces, 2 new HVAC units with new ductwork. Backyard is hardwired for a hot tub & has a new 8ft board on board cedar fence. Close to hwy 75 with easy access to hiking & biking trails, shopping & restaurants. NO HOA!

Investor Tools

Property Icon
$606,615
Estimated Property Value
$636,764Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,990 /month
Positive
Cash Flow Estimate:
$1,330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$606,615
2025
$150,000
$456,615
$606,615
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$606,615

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Va
$662,650
Yes
First
Mar 18, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$636,764
N/A
0%
105%
$3,973/mo

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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706 Cottonwood Bend Drive | Property Details | No Agent List