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$489,900

821 Redbud Dr, Allen, TX, 75002

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,857 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.47 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
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
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4348-00G-0050-1
Lot Number5
SubdivisionArbor Lakes Addition (Cal)
Land UseResidential
Legal DescriptionARBOR LAKES ADDITION (CAL), BLK G, LOT 5
Census Tract031411
Assessed Land Value$117,000
Assessed Improvement Value$384,483
Assessment Year2025

About this property

CHARMING Updated 5-bedroom, 3-bath home in the established Allen neighborhood of Arbor Lakes. NEW ROOF JULY 2026! This home is thoughtfully designed for MULTIGENERATIONAL LIVING - This floor plan features TWO bedrooms and TWO full bathrooms on the ground floor including the private primary suite and a flexible second bedroom with an adjacent full bath. So many windows throughout makes this home so light and bright - many of the windows have been upgraded to vinyl & feature high-end wood shutters! As you enter, you are greeted by the stacked formal living and dining rooms. Easy-care wood-look tile throughout the entry & kitchen. The large living room boasts soaring ceilings and a striking floor-to-ceiling fireplace. The flow of the living room to the kitchen makes this home perfect for entertaining! The kitchen offers granite counters, a center island, stainless steel appliances, gas cooktop, pantry, and eat-in area. The private primary suite features a large bedroom with sitting area, and an UPDATED spa-like bathroom with updated quartz countertops, sleek frameless glass shower and big walk-in closet. 5th bedroom flex space downstairs makes for a great 2nd bedroom with full bath downstairs or a private office space. Upstairs, enjoy a large game room, making for 3 living spaces in this home, plus 3 spacious secondary bedrooms and a full bath. Outside, enjoy the big patio overlooking a large backyard. Complete with an oversized 2 car garage featuring a huge extra storage space! Big ticket recent updates for buyer benefit and peace of mind - BRAND NEW Roof July 2026, HVACs 2024 - Upstairs & downstairs inside units and one condenser! Solar screens for the windows to help with keeping cool! Close proximity to Morgan Crossing park, community ponds, walking trails, and Chandler Elementary! Do NOT miss out on this amazing opportunity in Allen ISD!

Investor Tools

$270,083Estimated Mortgage Balance
$233,059Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,009 /month
Positive
Cash Flow Estimate:
$1,003 /month

Interested in this property?

Pam Heinrich

Keller Williams Realty Allen

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$773/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,774
$501,483
2025
$117,000
$384,483
$501,483
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,774
$501,483

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$304,000
No
First
Aug 3, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,083
$231,400
46%
54%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,253/mo
+$1,097/mo
8.0%

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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