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$398,000

NAL Estimated Property Value

884 Merino Drive, Allen, TX, 75013

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,889 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$150.87 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Concrete, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size3,468 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APNR-9437-U0A-012R-1
Lot Number12R
SubdivisionVillas Of Cottonwood Creek Phase 2 (Cal)
Land UseResidential
Legal DescriptionVILLAS OF COTTONWOOD CREEK PHASE 2 (CAL), BLK A, LOT 12R; REPLAT; UDI 2021, UNDIVIDED INTEREST 50.0000000000% REPLAT; UDI 202
Census Tract031418
Assessed Land Value$52,369
Assessed Improvement Value$155,216
Assessment Year2025

About this property

VIRTUAL ONLINE TOUR AVAILABLE. Great location for this move-in ready townhome with spacious, light, bright & open floorplan! Close to all Allen has to offer shopping, restaurants, AISD schls & easy access to 121-Sam Rayburn Tllwy & US-75. Attention to detail with features including hrdwd floors & wrought iron staircase. Recent roof replacement & window coverings. Ktchn opens to the living rm & has plenty of cabinet & counter space, granite counters, designer tile backsplash & ss-applianaces. Large living rm has hrdwd floors & a wall of windows providing natural light. Tranquil master retreat has en-suite bath with separate shwr, garden tub & dual sinks. Enjoy the outdoors from the patio & fenced bckyrd.

Investor Tools

Property Icon
$398,000
Estimated Property Value
$0Estimated Mortgage Balance
$398,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
$590/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,952
$207,585
2025
$52,369
$155,216
$207,585
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,952
$207,585

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$398,000
100%
0%
$0/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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884 Merino Drive | Property Details | No Agent List