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$1,015,000

886 Newcastle Dr, Allen, TX, 75013

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths4,249 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$256.53 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5.5Bathrooms Full 5.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2019
Stories2
Garage Spaces3

Land Information

APNR-11535-00I-0170-1
Lot Number17
SubdivisionRidgeview Crossing Phase Ib (Cal)
Land UseResidential
Legal DescriptionRIDGEVIEW CROSSING PHASE IB (CAL), BLK I, LOT 17
Census Tract031418
Assessed Land Value$260,000
Assessed Improvement Value$753,376
Assessment Year2025

About this property

Built by MainVue Homes, very contemporary and modern, with 5 bedrooms, 6 full baths and 1 half bath. The 3 car front-facing garage has electric outlet installed too. The house is loaded with luxury inclusions, this home features a library off of foyer with two-story ceiling, main floor guest rooms with private bathroom, soaring two-story great room, gourmet kitchen with energy saving Electrolux appliances, grand butlers pantry with additional walk-through pantry and dual access from kitchen and foyer, master ensuite with expansive dressing room featuring direct access to grand utility room, signature outdoor room and much more. All the windows, including the sliding doors to from living room to the patio have electric shields, with remote controls. The house is less than 5 minutes away from Hwy 121, Lifetime fitness center, other restaurants and dining area.

Investor Tools

Property Icon
$1,015,000
Estimated Property Value
$425,000Estimated Mortgage Balance
$605,273Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,540 /month
Positive
Cash Flow Estimate:
$2,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,875/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,430
$1,013,376
2025
$260,000
$753,376
$1,013,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,430
$1,013,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cinch Funding Llc
Conventional
$425,000
No
First
May 9, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$409,727
$605,273
59%
40%
$2,549/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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886 Newcastle Dr | Property Details | No Agent List