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$409,590

NAL Estimated Property Value

724 Bluebonnet Dr, Allen, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,801 Sq Ft
price_per_sqft$232.65 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCeramic Tile, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3475-00K-0050-1
Lot Number5
SubdivisionBethany Creek Estates Phase A (Cal)
Land UseResidential
Legal DescriptionBETHANY CREEK ESTATES PHASE A (CAL), BLK K, LOT 5
Census Tract031425
Assessed Land Value$115,000
Assessed Improvement Value$294,590
Assessment Year2025

About this property

Beautifully Updated Home in Allen, Texas! Welcome to 724 Bluebonnet Drive in Allen, TX — a move-in ready single-family residence that offers comfort, style, and thoughtful modern updates. Inside, you’ll find a bright, open layout enhanced by several impressive improvements. The homeowners have removed all popcorn ceilings for a clean, contemporary look, updated bathrooms, installed full window treatments throughout for added privacy and elegance, and replaced all carpet with beautiful, low-maintenance luxury vinyl plank and tile flooring. A cozy fireplace serves as a warm focal point in the living area, perfect for relaxing evenings or entertaining. The neutral palette and abundant natural light make it easy to picture your own furnishings and personal style. With no carpet anywhere and durable, stylish flooring, this home is ideal for families, pets, or anyone seeking easy living. Step outside to enjoy the spacious covered backyard patio — an ideal setting for outdoor dining, weekend BBQs, morning coffee, or unwinding in the evening. Located in desirable Allen, this property provides convenient access to excellent schools, parks, shopping at Allen Premium Outlets, and easy commuting throughout the Dallas-Fort Worth area. It represents strong value in a market that favors well-updated, move-in-ready homes. Whether you’re a first-time buyer, growing family, or seeking a comfortable single-story lifestyle, 724 Bluebonnet Drive is ready for you. This updated gem won’t last long — schedule your private showing today!

Investor Tools

Property Icon
$409,590
Estimated Property Value
$381,915Estimated Mortgage Balance
$27,675Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,259
$409,590
2025
$115,000
$294,590
$409,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,259
$409,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$394,250
No
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$381,915
$27,675
6%
93%
$2,364/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,364/mo
+$206/mo
7.5%

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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