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$400,000

771 Monticello Cir, Allen, TX, 75002

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,669 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.87 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Combination

Exterior

Private PoolPrivate Pool

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2148-002-0300-1
Lot Number30
SubdivisionHeritage Park Phase One (Cal)
Land UseResidential
Legal DescriptionHERITAGE PARK PHASE ONE (CAL), BLK 2, LOT 30
Census Tract031424
Assessed Land Value$130,000
Assessed Improvement Value$276,567
Assessment Year2025

About this property

This home was enjoyed for years with open doors for family to come back with all the newest additions and enjoy each other on all the holidays. Sure, it's time for some TLC. Things were repaired or replaced as needed, like the roof, foundation & some appliances when they quit. Lucky for you, you get to choose all the update! The most interesting room is the bedroom that had been turned into a nursery adjacent to the Primary Suite when they bought it. For the last few years it was used as a home office when Covid hit & they continued to work-in-place until the move. It can be anything. Do you have a partner with a broken circadian rhythm? Arrange a separate but still close sleeping area for them. You decide who gets the bigger space with the fireplace. Or easily revert back to the original bedroom. The light switch is still just inside the hall closet door so no elecctrical to mess with. Two spacious bedrooms are across the house with a convenient full bathroom in-between. On the main floor the family room was their game room enjoying their family Foosball & Ping Pong Tournaments by the fireplace. That room is open to the eat-in kitchen & all the snacks & goodies there. In the front of the home is the living room for a little separation from the festivities. Across the Foyer with the grand stairway (perfect for pictures) is the dining room with the adjoining wet bar & butler's pantry. There is also a handy half bath in the hall as you circle back toward the kitchen. Hmm, with the plumbing available, you could convert that whole area to a guest room on the main for visitors with an aversion to stairs. I can show you. Buy this & GIVE IT A SHOT! OH, OH, you're halfway there. TAKE THE KEYS & YOU'LL REMAKE IT I SWEAR... LIVING IN YOUR DREAM! I couldn't resist! My brother was the lead of a Bon Jovi cover band in the Wine Country. HE GOT ALL THE TALENT BUT HE DOESN'T HAVE THIS HOUSE, BUT YOU CAN! CALL NOW!

Investor Tools

Property Icon
$447,000
Estimated Property Value
$112,472Estimated Mortgage Balance
$406,506Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,682 /month
Positive
Cash Flow Estimate:
$894 /month

Interested in this property?

MariKay Hamm

Keller Williams Realty Allen

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,948
$406,567
2025
$130,000
$276,567
$406,567
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,948
$406,567

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Unknown
$112,472
No
First
Oct 11, 2003
Oct 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,494
$406,506
90%
9%
$675/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$675/mo
+$2,675/mo
9.0%

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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