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$565,000

NAL Estimated Property Value

901 Cypress Dr, Allen, TX, 75002

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,074 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.72 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, None

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1119-006-0010-1
Lot Number1
SubdivisionFountain Park First Section (Cal)
Land UseResidential
Legal DescriptionFOUNTAIN PARK FIRST SECTION (CAL), BLK 6, LOT 1
Census Tract031504
Assessed Land Value$110,250
Assessed Improvement Value$388,701
Assessment Year2025

About this property

Discover the charm of this stunning gem! This magnificent home sits on a spacious corner lot in a highly sought-after neighborhood, just minutes from Allen High School, HEB, restaurants, shopping, and parks. Boasting six bedrooms and four bathrooms, this home features modern upgrades throughout. A second primary suite, complete with a private entrance, is perfect for a mother-in-law suite or an Airbnb rental. The open floor plan seamlessly connects the living, dining, and kitchen areas, all enhanced with stylish light fixtures and ceiling fans. Enjoy the luxury of an upgraded primary bathroom, along with beautifully renovated additional bathrooms. The extra bedrooms offer versatile space, ideal for a guest room, home office, fitness area, or entertainment space. Step outside to a covered patio and a large carport, securely located within an automatic sliding driveway gate with remote control access. The home also includes **owned solar panels with a warranty**, keeping the electric bill under $20 per month. Roof replaced in 2023.

Investor Tools

Property Icon
$565,000
Estimated Property Value
$559,108Estimated Mortgage Balance
$5,892Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,702 /month
Positive
Cash Flow Estimate:
$1,234 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,050/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,773
$498,951
2025
$110,250
$388,701
$498,951
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,773
$498,951

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Conventional
$570,000
No
First
Apr 29, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$559,108
$5,892
1%
99%
$3,418/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$3,418/mo
$-848/mo
5.5%

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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901 Cypress Dr | Property Details | No Agent List