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$586,358

NAL Estimated Property Value

812 Rivergrove Rd, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,894 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.87 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Refrigerator
FlooringCarpet, Ceramic Tile

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2702-00D-0300-1
Lot Number30
SubdivisionHighland Meadows (Cal)
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS (CAL), BLK D, LOT 30
Census Tract031424
Assessed Land Value$164,450
Assessed Improvement Value$421,908
Assessment Year2025

About this property

CASH ONLY, AS IS. OVERSIZED, PRIME, PRIVATE, GREENBELT, CREEKSIDE LOT in Allen ISD! See the Survey, SDN and Structural Engineer Report in transaction docs. Primary bedroom AND office DOWN. THREE secondary bedrooms AND game room UP. Kitchen offers double ovens, gas cooktop, island, granite countertops and breakfast bar. Tons of beautiful windows allow for natural sunlight to brighten this lovely home. Formal dining space upon entering. Generous sized secondary bedrooms with walk in closets. New brick mailbox, sprinkler system, gutters, automatic gate for driveway, 2 car garage AND 2 car carport, newly stained fence, recently replaced HVAC, recently replaced windows. Home in need of foundation repair and brick work. There is also some cosmetic and sheetrock repair and carpet cleaning needed. We will not entertain financed offers. Proof of Funds before showing approval. 24 hour notice needed for 30 minute showing slot. Expect multiple offers. Priced way below market value. Please run your comps. No sight unseen offers. No seller financing!

Investor Tools

Property Icon
$586,358
Estimated Property Value
$395,533Estimated Mortgage Balance
$190,825Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,518 /month
Positive
Cash Flow Estimate:
$1,173 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,126/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$58,577
$586,358
2025
$164,450
$421,908
$586,358
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$58,577
$586,358

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Owner Finance Home Llc
Purchase Money Mortgage
$400,800
No
First
Aug 20, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,533
$190,825
32%
67%
$2,403/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,403/mo
+$947/mo
6.9%

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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812 Rivergrove Rd | Property Details | No Agent List