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$398,000

NAL Estimated Property Value

909 Cypress Dr, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,029 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Vinyl

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1119-006-0050-1
Lot Number5
SubdivisionFountain Park First Section (Cal)
Land UseResidential
Legal DescriptionFOUNTAIN PARK FIRST SECTION (CAL), BLK 6, LOT 5
Census Tract031504
Assessed Land Value$105,000
Assessed Improvement Value$286,277
Assessment Year2025

About this property

Buy with confidence! HVAC 2021. Water heater 2022. Foundation 6-30-2020. Electric panel 2 years old, roof being replaced. 4 Bedroom 2 Bath Move-in ready! All rooms painted in a neutral tone. Recently installed water resistant wood look laminate floors throughout the whole house. No carpet anywhere! The secondary bathroom has been updated and the primary bathroom has a new oversized walk-in shower. Updated Low-E double hung vinyl windows can be opened from the bottom up or the top down. What a plus! You can entertain a crowd in the spacious open-flow of the dining room to the living room PLUS cook a lot in the double ovens. The 25 x 10 ft. patio off of the kitchen adds to the space for entertaining. Just off of the kitchen there is a large pantry in the utility room that can store a lot of groceries. There are two entrances into the house from the garage. One entrance leads to the bedroom hallway and the other leads to the utility room. Wood burning stove in fireplace heats 3 rooms!

Investor Tools

Property Icon
$398,000
Estimated Property Value
$363,523Estimated Mortgage Balance
$34,477Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$795/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,551
$391,277
2025
$105,000
$286,277
$391,277
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,551
$391,277

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Va
$382,725
Yes
First
Aug 22, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,523
$34,477
8%
91%
$2,295/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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